IPG Photonics (LTS:0J86) Interest Expense : $0 Mil (TTM As of Mar. 2024)

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What is IPG Photonics Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. IPG Photonics's interest expense for the three months ended in Mar. 2024 was $ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $0 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. IPG Photonics's Operating Income for the three months ended in Mar. 2024 was $ 14 Mil. IPG Photonics's Interest Expense for the three months ended in Mar. 2024 was $ 0 Mil. GuruFocus does not calculate IPG Photonics'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.

IPG Photonics Interest Expense Historical Data

The historical data trend for IPG Photonics'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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IPG Photonics Interest Expense Chart

IPG Photonics Annual Data

Trend

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Interest Expense

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-1.84

IPG Photonics Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

IPG Photonics 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 Mil.

IPG Photonics (LTS:0J86) 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.

IPG Photonics's Interest Expense for the three months ended in Mar. 2024 was $0 Mil. Its Operating Income for the three months ended in Mar. 2024 was $14 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $14 Mil.

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

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

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. IPG Photonics Corp has enough cash to cover all of its debt. Its financial situation is stable.

IPG Photonics (LTS:0J86) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » IPG Photonics Corp (LTS:0J86) » Definitions » Interest Expense

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IPGP:USA IPF:Germany

Address

377 Simarano Drive, Marlborough, MA, USA, 01752

Website

https://www.ipgphotonics.com

IPG Photonics Corp is a vertically integrated developer and manufacturer of high-performance fiber lasers, fiber amplifiers, and diode lasers, which are used in diverse applications in the manufacturing, automotive, industrial, aerospace, semiconductor, and consumer end markets. A large majority of the firm's revenue is derived from materials processing applications for fiber lasers, including cutting and welding, marking and engraving, and micro-processing. Roughly a third of the firm's revenue is generated in China, with the rest coming from North America, Europe, Japan, Australia, and other countries across the world.

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