What is CPI Aerostructures Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CPI Aerostructures's interest expense for the
three
months ended in Mar. 2024 was $ -0.63 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-2.48 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. CPI Aerostructures's Operating Income for the
three
months ended in Mar. 2024 was $ 0.84 Mil. CPI Aerostructures's Interest Expense for the
three
months ended in Mar. 2024 was $ -0.63 Mil.
CPI Aerostructures's Interest Coverage for the quarter that ended in Mar. 2024 was 1.33.
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.
CPI Aerostructures 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 $-2.48 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.
CPI Aerostructures (AMEX:CVU) 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.
CPI Aerostructures's Interest Expense for the
three
months ended in Mar. 2024 was $-0.63 Mil. Its
Operating Income
for the
three
months ended in Mar. 2024 was $0.84 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Mar. 2024 was $19.52 Mil.
CPI Aerostructures's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as
* 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.
CPI Aerostructures (CPI Aerostructures) Business Description
Traded in Other Exchanges
N/A
Address
91 Heartland Boulevard, Edgewood, NY, USA, 11717
CPI Aerostructures Inc is engaged in the manufacturing of structural aircraft parts for fixed-wing aircraft and helicopters in both the commercial and defense markets in the United States. It also provides engineering, program management, supply chain management and kitting, and Maintenance Repair and Overhaul (MRO) services. CPI also acts as a subcontractor to prime aircraft manufacturers in the production of commercial aircraft parts. CPI Aero supplies the E-2D Advanced Hawkeye surveillance aircraft, the A-10 Thunderbolt attack jet, the Gulfstream G650, the UH-60 BLACK HAWK helicopter, and the S-92 helicopter among others.
Executives
| Pamela Levesque |
director |
91 HEARTLAND BOULEVARD, EDGEWOOD NY 11717 |
| Richard C Rosenjack |
director |
C/O TRIUMPH GROUP, INC., 899 CASSATT ROAD, SUITE 210, BERWYN PA 19312 |
| Paul Packer |
10 percent owner |
C/O GLOBIS CAPITAL PARTNERS LP, 60 BROAD ST, NEW YORK NY 10004 |
| Richard S Caswell |
director |
C/O CPI AEROSTRUCTURES, INC., 91 HEARTLAND BOULEVARD, EDGEWOOD NY 11717 |
| Terry Dean Stinson |
director |
C/O LENNOX INTERNATIONAL INC., 2140 LAKE PARK BOULEVARD, RICHARDSON TX 75080-2254 |
| Dorith Hakim |
director, officer: CEO and President |
C/O GRAUBARD MILLER, 405 LEXINGTON AVENUE - 11TH FLOOR, NEW YORK NY 10174 |
| Bond E Carey |
director |
3210 CYPRESS MARSH DRIVE, FORT MYERS FL 33905 |
| Michael Faber |
director |
701 PENNSYLVANIA AVENUE NW, SUITE 900, WASHINGTON DC DC 20004 |
| Walter Paulick |
director |
30 TERRY PL, RIVERHEAD NY 11901 |
| Eric Rosenfeld |
director |
777 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017 |
| Andrew L Davis |
officer: Chief Financial Officer |
C/O EMERSON RADIO CORP., 3 UNIVERSITY PLAZA, SUITE 405, HACKENSACK NJ 07601 |
| Thomas E Powers |
officer: Acting Chief Financial Officer |
C/O TRIUMPH GROUP, INC., 899 CASSATT ROAD, SUITE 210, BERWYN PA 19312 |
| Dan Azmon |
officer: Chief Financial Officer |
600 THIRD AVENUE, NEW YORK NY 10016 |
| Janet Katherine Cooper |
director |
8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420 |
| Awm Investment Company, Inc. |
10 percent owner |
527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022 |
CPI Aerostructures (CPI Aerostructures) Headlines
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