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Sequana Medical NV (Sequana Medical NV) Interest Expense : $-1.71 Mil (TTM As of Jun. 2023)


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What is Sequana Medical NV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sequana Medical NV's interest expense for the three months ended in Jun. 2023 was $ -2.28 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-1.71 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Sequana Medical NV's Operating Income for the three months ended in Jun. 2023 was $ -16.31 Mil. Sequana Medical NV's Interest Expense for the three months ended in Jun. 2023 was $ -2.28 Mil. Sequana Medical NV did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Sequana Medical NV Interest Expense Historical Data

The historical data trend for Sequana Medical NV's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sequana Medical NV Interest Expense Chart

Sequana Medical NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial Premium Member Only -1.05 -0.86 -1.31 -0.63 -0.93

Sequana Medical NV Quarterly Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.52 -0.14 -1.51 0.58 -2.28

Sequana Medical NV Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.71 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sequana Medical NV  (GREY:SQNMF) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Sequana Medical NV's Interest Expense for the three months ended in Jun. 2023 was $-2.28 Mil. Its Operating Income for the three months ended in Jun. 2023 was $-16.31 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was $15.69 Mil.

Sequana Medical NV's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Sequana Medical NV did not have earnings to cover the interest expense.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.

Sequana Medical NV (Sequana Medical NV) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Sequana Medical NV (GREY:SQNMF) » Definitions » Interest Expense
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2SE:Germany SEQUA:Belgium
Address
Kortrijksesteenweg 1112 ,bus 102, Sint-Denijs-Westrem, Ghent, BEL, 9051
Website
https://www.sequanamedical.com
Sequana Medical NV is a commercial-stage medical device company focused on the development of treatment solutions for the management of fluid overload in liver disease, malignant ascites, and heart failure. The company's products include an alfa pump, which provides a treatment solution for the long-term management of liver refractory ascites and malignant ascites with safety, efficacy, and quality of life benefits demonstrated in multiple clinical studies and over 750 implants. The company's geographical segments include Switzerland, Germany, the United Kingdom, and the Rest of the world, out of which Germany accounts for the majority of the revenue.

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