Xos (FRA:9KR0) Interest Expense : €0.00 Mil (TTM As of Mar. 2024)

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What is Xos Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Xos's interest expense for the three months ended in Mar. 2024 was € 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €0.00 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. Xos's Operating Income for the three months ended in Mar. 2024 was € -9.42 Mil. Xos's Interest Expense for the three months ended in Mar. 2024 was € 0.00 Mil. GuruFocus does not calculate Xos's interest coverage with the available data. 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.

Xos Interest Expense Historical Data

The historical data trend for Xos'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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Xos Interest Expense Chart

Xos Annual Data

Trend

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Interest Expense

Xos Quarterly Data
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Xos 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 €0.00 Mil.

Xos (FRA:9KR0) 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.

Xos's Interest Expense for the three months ended in Mar. 2024 was €0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was €-9.42 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €37.25 Mil.

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

GuruFocus does not calculate Xos's interest coverage with the available data.

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

Xos (FRA:9KR0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Xos Inc (FRA:9KR0) » Definitions » Interest Expense

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XOS:USA

Address

3550 Tyburn Street, Unit 100, Los Angeles, CA, USA, 90065

Website

https://www.xostrucks.com

Xos Inc is an electric mobility company. It designs and develops fully electric battery mobility systems specifically for commercial fleets. The company's primary focus is on medium- and heavy-duty commercial vehicles that travel on last mile routes. The company leverages its proprietary technologies to provide commercial fleets zero emission vehicles that are easier to maintain and more cost-efficient on a total cost of ownership basis than internal combustion engine and commercial EV counterparts.

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