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Ideal Power (Ideal Power) Interest Expense : $0.00 Mil (TTM As of Mar. 2024)


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What is Ideal Power Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ideal Power'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. Ideal Power's Operating Income for the three months ended in Mar. 2024 was $ -2.53 Mil. Ideal Power's Interest Expense for the three months ended in Mar. 2024 was $ 0.00 Mil. GuruFocus does not calculate Ideal Power'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.


Ideal Power Interest Expense Historical Data

The historical data trend for Ideal Power'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.

* Premium members only.

Ideal Power Interest Expense Chart

Ideal Power Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.01 -0.01 - -

Ideal Power 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Ideal Power 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.

* 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.


Ideal Power  (NAS:IPWR) 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.

Ideal Power'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 $-2.53 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.11 Mil.

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

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

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Ideal Power Inc has enough cash to cover all of its debt. Its financial situation is stable.


Ideal Power (Ideal Power) Business Description

Traded in Other Exchanges
Address
5508 Highway 290 West, Suite 120, Austin, TX, USA, 78735
Ideal Power Inc is pioneering the development of its broadly patented bidirectional power switches, creating efficient and ecofriendly energy control solutions for electric vehicle, electric vehicle charging, renewable energy, energy storage, UPS / data center, solid-state circuit breaker and other industrial and military applications. The company is focused on its patented Bidirectional, Bipolar Junction Transistor (B-TRAN) semiconductor technology. B-TRAN is a unique double-sided bidirectional AC switchable to deliver substantial performance improvements over conventional power semiconductors. The primary raw material used in the fabrication of B-TRAN devices is silicon wafers.
Executives
Gregory C Knight director C/O IDEAL POWER INC., 5508 HIGHWAY 290 WEST, SUITE 120, AUSTIN TX 78735
Drue Freeman director C/O IDEAL POWER INC., 5508 HIGHWAY 290 WEST, SUITE 120, AUSTIN TX 78735
Laban E Lesster director 4120 FREIDRICH LN STE 100, AUSTIN TX 78744
David B Eisenhaure director 478 JERUSALEM ROAD, COHASSET MA 02025
Michael C Turmelle director 27 COUNTRY FARM WAY, STRATHAM NH 03885
Lon E Bell director, officer: President and CEO C/O AMERIGON INC, 5462 IRWINDALE AVENUE, IRWINDALE CA 91706
Daniel Brdar director, officer: BTRAN Chief Commercial Officer FUELCELL ENERGY INC, 3 GREAT PASTURE ROAD, DANBURY CT 06813-1305
Timothy Burns officer: Chief Financial Officer 900 E. HAMILTON AVENUE, SUITE 400, CAMPBELL CA 95008
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Bill Alexander director, officer: Chief Technology Officer 5004 BEE CREEK ROAD, SUITE 600, SPICEWOOD TX 78669
Mark L Baum director C/O IMPRIMIS PHARMACEUTICALS, INC, 12264 EL CAMINO REAL, SUITE 350, SAN DIEGO CA 92130
Peter A Appel 10 percent owner C/O ARCH CAPITAL HOLDINGS LTD, 20 HORSENECK LANE, GREENWICH CT 06830
Ryan O'keefe officer: Senior VP, Bus. Development 4120 FREIDRICH LANE, SUITE 100, AUSTIN TX 78744
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Tarr Charles De 10 percent owner, officer: VP Finance 5004 BEE CREEK ROAD, SUITE 600, SPICEWOOD TX 78669