Abra Information Technologies (XTAE:ABRA) Interest Expense : ₪-7.4 Mil (TTM As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Abra Information Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Abra Information Technologies's interest expense for the three months ended in Mar. 2024 was ₪ -3.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₪-7.4 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. Abra Information Technologies's Operating Income for the three months ended in Mar. 2024 was ₪ 6.8 Mil. Abra Information Technologies's Interest Expense for the three months ended in Mar. 2024 was ₪ -3.5 Mil. Abra Information Technologies's Interest Coverage for the quarter that ended in Mar. 2024 was 1.95. 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.

Abra Information Technologies Interest Expense Historical Data

The historical data trend for Abra Information Technologies'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.

Abra Information Technologies Interest Expense Chart

Abra Information Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-0.12

-0.18

-1.21

-3.56

-6.80

Abra Information Technologies 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															-3.06	-3.60	-2.98	2.67	-3.50

Abra Information Technologies 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 ₪-7.4 Mil.

Abra Information Technologies (XTAE:ABRA) 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.

Abra Information Technologies's Interest Expense for the three months ended in Mar. 2024 was ₪-3.5 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₪6.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₪104.0 Mil.

Abra Information Technologies'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	*	6.829	/	-3.501
	=	1.95

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

Abra Information Technologies (XTAE:ABRA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Abra Information Technologies Ltd (XTAE:ABRA) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 HaNehoshet Street, Tel Aviv, ISR, 60212

Website

https://www.abra-it.com

Abra Information Technologies Ltd delivers creative solutions in the field of IT, contributing to the growth and evolving of companies, businesses, and organizations in numerous industries. It provides a solution to Web & Mobile Development, Ecommerce, Cyber Consulting, etc.

Abra Information Technologies (XTAE:ABRA) Headlines

No Headlines