Tonner Drones (XPAR:ALTD) Interest Expense : €-0.22 Mil (TTM As of Dec. 2022)

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What is Tonner Drones Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tonner Drones's interest expense for the six months ended in Dec. 2022 was € -0.14 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2022 was €-0.22 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. Tonner Drones's Operating Income for the six months ended in Dec. 2022 was € -5.30 Mil. Tonner Drones's Interest Expense for the six months ended in Dec. 2022 was € -0.14 Mil. Tonner Drones 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.

Tonner Drones Interest Expense Historical Data

The historical data trend for Tonner Drones'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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Tonner Drones Interest Expense Chart

Tonner Drones Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-0.10

-0.13

-0.18

-0.22

Tonner Drones Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Interest Expense	Get a 7-Day Free Trial														-0.05	-0.10	-0.08	-0.09	-0.14

Tonner Drones 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. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.22 Mil.

Tonner Drones (XPAR:ALTD) 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.

Tonner Drones's Interest Expense for the six months ended in Dec. 2022 was €-0.14 Mil. Its Operating Income for the six months ended in Dec. 2022 was €-5.30 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2022 was €6.53 Mil.

Tonner Drones's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Tonner Drones did not have earnings to cover the interest expense.

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

Tonner Drones (XPAR:ALTD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Tonner Drones SA (XPAR:ALTD) » Definitions » Interest Expense

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1DD:Germany

Address

12 Rue Ampère, Cémoi – Bâtiment A, Grenoble, FRA, 38000

Website

https://www.tonnerdrones.com

Tonner Drones SA is engaged in the developing and marketing of security and surveillance solutions intended for the military field as well as private and public security: the ISS SPOTTER Wired captive surveillance drone, the automatic drone for surveillance of sensitive sites ISS SPOTTER Automatic or even trailers SPOTTER BOT mobile video security systems.

Tonner Drones (XPAR:ALTD) Headlines

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