Ondas Holdings (FRA:1B8) Interest Expense : €-2.94 Mil (TTM As of Mar. 2024)

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What is Ondas Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ondas Holdings's interest expense for the three months ended in Mar. 2024 was € -0.72 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-2.94 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. Ondas Holdings's Operating Income for the three months ended in Mar. 2024 was € -8.40 Mil. Ondas Holdings's Interest Expense for the three months ended in Mar. 2024 was € -0.72 Mil. Ondas Holdings 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.

Ondas Holdings Interest Expense Historical Data

The historical data trend for Ondas Holdings'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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Ondas Holdings Interest Expense Chart

Ondas Holdings Annual Data

Trend

Dec15

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Interest Expense

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-2.64

-1.59

-0.51

-3.55

-3.81

Ondas Holdings 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															-1.68	-0.50	-0.84	-0.88	-0.72

Ondas Holdings 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 €-2.94 Mil.

Ondas Holdings (FRA:1B8) 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.

Ondas Holdings's Interest Expense for the three months ended in Mar. 2024 was €-0.72 Mil. Its Operating Income for the three months ended in Mar. 2024 was €-8.40 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €7.08 Mil.

Ondas Holdings's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Ondas Holdings did not have earnings to cover the interest expense.

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

Ondas Holdings (FRA:1B8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ondas Holdings Inc (FRA:1B8) » Definitions » Interest Expense

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ONDS:USA ONDS:Israel 1B8:Germany

Address

411 Waverley Oaks Road, Suite 114, Waltham, MA, USA, 02452

Website

https://www.ondas.com

Ondas Holdings Inc designs, develops, manufactures, sells, and supports FullMAX Software Defined Radio (SDR) technology in the United States, Israel, and India. Its FullMAX system of wireless base stations, fixed and mobile remote radios are deployed by customers to create wide-area wireless broadband cellular networks. The company markets and sells its products to companies in the electric utilities, water and wastewater utilities, oil and gas producers, and for other critical infrastructure applications in areas such as homeland security and defense, and transportation.

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