Cerus (STU:CU2) Interest Expense : €-8.3 Mil (TTM As of Mar. 2024)

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What is Cerus Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cerus's interest expense for the three months ended in Mar. 2024 was € -2.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-8.3 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. Cerus's Operating Income for the three months ended in Mar. 2024 was € -7.3 Mil. Cerus's Interest Expense for the three months ended in Mar. 2024 was € -2.1 Mil. Cerus 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.

Cerus Interest Expense Historical Data

The historical data trend for Cerus'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.

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Cerus Interest Expense Chart

Cerus Annual Data

Trend

Dec14

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Interest Expense

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-5.46

-3.08

-4.36

-5.50

-7.69

Cerus Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-1.51	-2.01	-2.22	-2.04	-2.06

Cerus 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-8.3 Mil.

Cerus (STU:CU2) Interest Expense Explanation

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

Cerus's Interest Expense for the three months ended in Mar. 2024 was €-2.1 Mil. Its Operating Income for the three months ended in Mar. 2024 was €-7.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €72.0 Mil.

Cerus's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Cerus did not have earnings to cover the interest expense.

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

Cerus (STU:CU2) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Cerus Corp (STU:CU2) » Definitions » Interest Expense

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CERS:USA

Address

1220 Concord Avenue, Suite 600, Concord, CA, USA, 94520

Website

http://www.cerus.com

Cerus Corp is a biomedical products company focused on the field of blood transfusion safety. The INTERCEPT Blood System is designed to reduce the risk of transfusion-transmitted infections by inactivating a broad range of pathogens such as viruses, bacteria, and parasites. The company sells its INTERCEPT platelet and plasma systems in the United States of America, Europe, the Commonwealth of Independent States countries, the Middle East, and selected countries in other regions around the world. The firm continues to operate in only one segment: Blood safety and generates revenue from the same.

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