Butler National (Butler National) Interest Expense : $-2.51 Mil (TTM As of Jan. 2024)

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What is Butler National Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Butler National's interest expense for the three months ended in Jan. 2024 was $ -0.62 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was $-2.51 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. Butler National's Operating Income for the three months ended in Jan. 2024 was $ 3.80 Mil. Butler National's Interest Expense for the three months ended in Jan. 2024 was $ -0.62 Mil. Butler National's Interest Coverage for the quarter that ended in Jan. 2024 was 6.17. 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.

Butler National Interest Expense Historical Data

The historical data trend for Butler National'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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Butler National Interest Expense Chart

Butler National Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Interest Expense

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-0.25

-4.37

-3.14

-2.69

-2.74

Butler National Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Interest Expense	Get a 7-Day Free Trial															-0.68	-0.64	-0.64	-0.62	-0.62

Butler National 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.51 Mil.

Butler National (OTCPK:BUKS) 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.

Butler National's Interest Expense for the three months ended in Jan. 2024 was $-0.62 Mil. Its Operating Income for the three months ended in Jan. 2024 was $3.80 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was $38.14 Mil.

Butler National's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jan. 2024 )	/	Interest Expense (Q: Jan. 2024 )
	=	-1	*	3.795	/	-0.615
	=	6.17

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

Butler National (Butler National) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Butler National Corp (OTCPK:BUKS) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

19920 West 161st Street, Olathe, KS, USA, 66062

Website

https://www.butlernational.com

Butler National Corp is engaged in designing, manufacturing and selling, installing, repairing, modifying, overhauling, servicing and distributing a broad portfolio of aerostructures, aircraft components, avionics, accessories, subassemblies, and systems. The company's operating segment includes Professional Services and Aerospace Products. It generates maximum revenue from the Aerospace Products segment. The Professional Services segment provides professional management services in the gaming industry, and professional architectural, and engineering services. It has a business presence in North America, Europe, Asia, Australia and other geographical regions.

Executives

Joseph Patrick Daly	10 percent owner	497 CIRCLE FREEWAY, CINCINNATI OH 45246
Joe Aric Peters	director	15125 MELROSE DRIVE, OVERLAND PARK KS 66221
Zeff Holding Company, Llc	10 percent owner	400 S. MCCADDEN PL., LOS ANGELES CA 90020
Veradace Partners Lp	10 percent owner	2626 COLE AVENUE, SUITE 300, DALLAS TX 75204
Zeff Capital, Lp	10 percent owner	400 S. MCCADDEN PL., LOS ANGELES CA 90020
Daniel Zeff	10 percent owner	400 S. MCCADDEN PL., LOS ANGELES CA 90020
John M. Edgar	director	2600 GRAND BOULEVARD, SUITE 440, KANSAS CITY MO 64108
David B Hayden	director	15733 SHANNAN LANE, OLATHE KS 66062
Tad Mitchell Mcmahon	officer: Chief Financial Officer	19920 W 161ST STREET, OLATHE KS 66062
Craig D Stewart	officer: Vice President and CFO	15213 KING STREET, OVERLAND PARK KS 66221
Angela D Seba-shinabargar	officer: CFO	11575 S. WATER, OLATHE KS 66061
Bradley Kyle Hoffman	director	8741 ENSLEY LANE, LEAWOOD KS 66206
Michael Joseph Tamburelli	director	11028 N. LAUREL AVE, KANSAS CITY MO 64157
Christopher J Reedy	officer: Vice President	7411 RICHARDS DRIVE, SHAWNEE KS 66216
Clark D Stewart	director, officer: President - CEO	15733 SHANNAN LANE, OLATHE KS 66062