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Maris Tech (Maris Tech) Interest Expense : $0.00 Mil (TTM As of Dec. 2023)


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What is Maris Tech Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Maris Tech's interest expense for the six months ended in Dec. 2023 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 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. Maris Tech's Operating Income for the six months ended in Dec. 2023 was $ -0.50 Mil. Maris Tech's Interest Expense for the six months ended in Dec. 2023 was $ 0.00 Mil. GuruFocus does not calculate Maris Tech'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.


Maris Tech Interest Expense Historical Data

The historical data trend for Maris Tech'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.

Maris Tech Interest Expense Chart

Maris Tech Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
-0.09 -0.25 -0.25 - -

Maris Tech Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only -0.25 - -0.02 - -

Maris Tech 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 Dec. 2023 adds up the semi-annually 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.


Maris Tech  (NAS:MTEK) 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.

Maris Tech's Interest Expense for the six months ended in Dec. 2023 was $0.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was $-0.50 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $0.91 Mil.

Maris Tech's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

GuruFocus does not calculate Maris Tech'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. Maris Tech Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Maris Tech (Maris Tech) Business Description

Traded in Other Exchanges
N/A
Address
2 Yitzhak Modai Street, Rehovot, ISR, 7608804
Maris Tech Ltd is a provider of remote video, audio, telemetry acquisition, distribution and sharing solutions and products, using high-end digital video, audio and wireless communication technologies. It designs, develops, manufactures and commercially sells miniature intelligent video and audio surveillance and communication systems, which are offered as products and solutions for the professional as well as the civilian and home security markets.