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Bonal International (Bonal International) Interest Expense : $ Mil (TTM As of Mar. 2023)


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What is Bonal International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bonal International's interest expense for the six months ended in Mar. 2023 was $ -0.00 Mil. Bonal International does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Mar. 2023.

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. Bonal International's Operating Income for the six months ended in Mar. 2023 was $ 0.06 Mil. Bonal International's Interest Expense for the six months ended in Mar. 2023 was $ -0.00 Mil. Bonal International's Interest Coverage for the quarter that ended in Mar. 2023 was 28.00. 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.


Bonal International Interest Expense Historical Data

The historical data trend for Bonal International'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.

Bonal International Interest Expense Chart

Bonal International Annual Data
Trend Mar21 Mar22 Mar23
Interest Expense
- - -

Bonal International Semi-Annual Data
Mar21 Mar22 Mar23
Interest Expense - - -

Bonal International Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.


Bonal International  (OTCPK:BONL) 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.

Bonal International's Interest Expense for the six months ended in Mar. 2023 was $-0.00 Mil. Its Operating Income for the six months ended in Mar. 2023 was $0.06 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2023 was $0.07 Mil.

Bonal International's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2023 )/Interest Expense (Q: Mar. 2023 )
=-1*0.056/-0.002
=28.00

* 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.


Bonal International (Bonal International) Business Description

Traded in Other Exchanges
N/A
Address
1300 North Campbell Road, Royal Oak, MI, USA, 48067
Bonal International Inc provides sub-harmonic vibratory technology for metal improvement solutions. The company offers stress relief equipment, pulse puddle arc welding equipment, and distortion controller equipment in the United States. It also provides consulting, training, program design, and mental stress relief services. The company serves automotive, aerospace, mining, petroleum, shipbuilding, welding, machine tools, plastic molding, racing, engine building, armament, and die-casting industries. Geographically operates through the region of the United States.

Bonal International (Bonal International) Headlines

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