Advanced Energy Industries (FRA:AVX) Interest Expense : €-13 Mil (TTM As of Mar. 2024)

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What is Advanced Energy Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Advanced Energy Industries's interest expense for the three months ended in Mar. 2024 was € -7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-13 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. Advanced Energy Industries's Operating Income for the three months ended in Mar. 2024 was € 1 Mil. Advanced Energy Industries's Interest Expense for the three months ended in Mar. 2024 was € -7 Mil. Advanced Energy Industries's Interest Coverage for the quarter that ended in Mar. 2024 was 0.13. 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.

Advanced Energy Industries Interest Expense Historical Data

The historical data trend for Advanced Energy Industries'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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Advanced Energy Industries Interest Expense Chart

Advanced Energy Industries Annual Data

Trend

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Interest Expense

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-3.17

-6.92

-15.19

Advanced Energy Industries 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															-2.55	-	-	-6.60	-6.56

Advanced Energy Industries 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 €-13 Mil.

Advanced Energy Industries (FRA:AVX) 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.

Advanced Energy Industries's Interest Expense for the three months ended in Mar. 2024 was €-7 Mil. Its Operating Income for the three months ended in Mar. 2024 was €1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €912 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	0.848	/	-6.557
	=	0.13

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

Advanced Energy Industries (FRA:AVX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Advanced Energy Industries Inc (FRA:AVX) » Definitions » Interest Expense

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AEIS:USA

Address

1595 Wynkoop Street, Suite 800, Denver, CO, USA, 80202

Website

https://www.advancedenergy.com

Advanced Energy Industries Inc provides precision power-conversion measurement and control solutions that transform power into various forms for use in manufacturing and industrial equipment and applications. The firm serves original equipment manufacturers and end customers in the semiconductor, flat panel display, solar panel, and other industrial capital equipment markets. Products include thin-film power-conversion systems, which control and modify raw electrical power into a customizable, predictable power source, and power control modules, which control and measure temperature during manufacturing cycles. A majority of the firm's revenue is generated in the United States, with the rest primarily from Asia and Europe.