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Inspire Semiconductor Holdings (TSXV:INSP) Interest Expense : C$-0.67 Mil (TTM As of Dec. 2023)


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What is Inspire Semiconductor Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Inspire Semiconductor Holdings's interest expense for the three months ended in Dec. 2023 was C$ -0.26 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.67 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. Inspire Semiconductor Holdings's Operating Income for the three months ended in Dec. 2023 was C$ -2.56 Mil. Inspire Semiconductor Holdings's Interest Expense for the three months ended in Dec. 2023 was C$ -0.26 Mil. Inspire Semiconductor Holdings 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.


Inspire Semiconductor Holdings Interest Expense Historical Data

The historical data trend for Inspire Semiconductor Holdings'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.

Inspire Semiconductor Holdings Interest Expense Chart

Inspire Semiconductor Holdings Annual Data
Trend Dec22 Dec23
Interest Expense
-0.02 -0.67

Inspire Semiconductor Holdings Quarterly Data
Jun21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only -0.01 -0.03 -0.10 -0.27 -0.26

Inspire Semiconductor Holdings 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.67 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.


Inspire Semiconductor Holdings  (TSXV:INSP) 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.

Inspire Semiconductor Holdings's Interest Expense for the three months ended in Dec. 2023 was C$-0.26 Mil. Its Operating Income for the three months ended in Dec. 2023 was C$-2.56 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was C$5.69 Mil.

Inspire Semiconductor Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Inspire Semiconductor Holdings 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.


Inspire Semiconductor Holdings (TSXV:INSP) Business Description

Traded in Other Exchanges
Address
11305 Four Points Drive, No. 2, Suite 250, Austin, TX, USA, 78726
Inspire Semiconductor Holdings Inc is engaged in developing the Thunderbird Accelerated Computing Solution which is based on an array of thousands of processor cores, with an interconnection network, and is compatible with an established software ecosystem.

Inspire Semiconductor Holdings (TSXV:INSP) Headlines

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