Sanmina (STU:SAYN) Interest Expense : €-32 Mil (TTM As of Mar. 2024)

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What is Sanmina Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sanmina's interest expense for the three months ended in Mar. 2024 was € -8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-32 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. Sanmina's Operating Income for the three months ended in Mar. 2024 was € 73 Mil. Sanmina's Interest Expense for the three months ended in Mar. 2024 was € -8 Mil. Sanmina's Interest Coverage for the quarter that ended in Mar. 2024 was 9.64. 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.

Sanmina Interest Expense Historical Data

The historical data trend for Sanmina'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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Sanmina Interest Expense Chart

Sanmina Annual Data

Trend

Sep14

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Sep23

Interest Expense

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-27.93

-24.54

-16.62

-22.70

-34.00

Sanmina 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															-8.67	-9.29	-7.74	-7.71	-7.56

Sanmina 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 €-32 Mil.

Sanmina (STU:SAYN) 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.

Sanmina's Interest Expense for the three months ended in Mar. 2024 was €-8 Mil. Its Operating Income for the three months ended in Mar. 2024 was €73 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €280 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	72.896	/	-7.561
	=	9.64

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

Sanmina (STU:SAYN) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sanmina Corp (STU:SAYN) » Definitions » Interest Expense

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SANM:USA SAYN:Germany

Address

2700 North First Street, San Jose, CA, USA, 95134

Website

https://www.sanmina.com

Sanmina Corp is a provider of integrated manufacturing solutions, components, and after-market services to original equipment manufacturers in the communications networks, storage, industrial, defense and aerospace end markets. The company operates in two business segments: Integrated Manufacturing Solutions, which consists of printed circuit board assembly and represents a majority of the firm's revenue; and Components, Products, and Services, which includes interconnect systems and mechanical systems. The firm generates revenue primarily in the United States, China, and Mexico, but has a presence around the world.

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