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Palladyne AI (Palladyne AI) Interest Expense : $0.00 Mil (TTM As of Dec. 2023)


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What is Palladyne AI Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Palladyne AI's interest expense for the three 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. Palladyne AI's Operating Income for the three months ended in Dec. 2023 was $ -15.44 Mil. Palladyne AI's Interest Expense for the three months ended in Dec. 2023 was $ 0.00 Mil. GuruFocus does not calculate Palladyne AI'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.


Palladyne AI Interest Expense Historical Data

The historical data trend for Palladyne AI'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.

Palladyne AI Interest Expense Chart

Palladyne AI Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Expense
- -0.03 - -

Palladyne AI Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Palladyne AI 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 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.


Palladyne AI  (NAS:PDYN) 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.

Palladyne AI's Interest Expense for the three months ended in Dec. 2023 was $0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-15.44 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $11.04 Mil.

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

GuruFocus does not calculate Palladyne AI'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. Palladyne AI Corp has enough cash to cover all of its debt. Its financial situation is stable.


Palladyne AI (Palladyne AI) Business Description

Traded in Other Exchanges
N/A
Address
650 South 500 West, Suite 150, Salt Lake City, UT, USA, 84101
Sarcos Technology & Robotics Corp designs, develops and manufactures a broad range of advanced mobile robotic systems that redefine human possibilities and are designed to enable the safest, most productive workforce in the world. The company operates in challenging, unstructured industrial environments and includes teleoperated robotic systems, a powered robotic exoskeleton, and software solutions that enable task autonomy.
Executives
Brian D Finn director C/O BLACKROCK KELSO CAPITAL CORPORATION, 40 EAST 52ND STREET, NEW YORK NY 10022
Matthew Vogt officer: Chief Revenue Officer C/O SARCOS TECHNOLOGY AND ROBOTICS CORP, 650 SOUTH 500 WEST, SUITE 150, SALT LAKE CITY UT 84101
Stephen Sonne officer: Chief Legal Officer C/O SARCOS TECHNOLOGY & ROBOTICS CORP, 650 SOUTH 500 WEST, SUITE 150, SALT LAKE CITY UT 84101
Denis Garagic officer: Chief Technology Officer 650 SOUTH 500 WEST, SALT LAKE CITY UT 84101
Andrew Hamer officer: Chief Financial Officer 777 MARINERS ISLAND BLVD, SAN MATEO CA 94404
Jorgen Pedersen officer: Chief Operating Officer 650 SOUTH 500 WEST, SUITE 150, SALT LAKE CITY UT 84101
Kiva A. Allgood director, officer: President & CEO C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Fraser Smith 10 percent owner, officer: Chief Innovation Officer 360 WAKARA WAY, SALT LAKE CITY UT 84108
Marc Olivier 10 percent owner 360 WAKARA WAY, SALT LAKE CITY UT 84108
Steven Q. Hansen officer: Chief Financial Officer 360 WAKARA WAY, SALT LAKE CITY UT 84108
Matthew Shigenobu Muta director 360 WAKARA WAY, SALT LAKE CITY UT 84108
Priya Balasubramaniam director 360 WAKARA WAY, SALT LAKE CITY UT 84108
Kristi Martindale officer: EVP, Ch. Product & Market Off 360 WAKARA WAY, SALT LAKE CITY UT 84108
Marian Joh officer: Chief Operating Officer 360 WAKARA WAY, SALT LAKE CITY UT 84108
Peter S Klein director C/O MICROSOFT CORPORATION, ONE MICROSOFT WAY, REDMOND WA 98052-6399

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