Shimmick (Shimmick) Interest Expense : $0.0 Mil (TTM As of Mar. 2024)

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What is Shimmick Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shimmick's interest expense for the three months ended in Mar. 2024 was $ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $0.0 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. Shimmick's Operating Income for the three months ended in Mar. 2024 was $ -32.0 Mil. Shimmick's Interest Expense for the three months ended in Mar. 2024 was $ 0.0 Mil. GuruFocus does not calculate Shimmick'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.

Shimmick Interest Expense Historical Data

The historical data trend for Shimmick'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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Shimmick Interest Expense Chart

Shimmick Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

Shimmick Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial				-	-	-	-	-

Shimmick 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 $0.0 Mil.

Shimmick (NAS:SHIM) 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.

Shimmick's Interest Expense for the three months ended in Mar. 2024 was $0.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-32.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $46.3 Mil.

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

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

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

Shimmick (Shimmick) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shimmick Corp (NAS:SHIM) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

530 Technology Drive, Suite 300, Irvine, CA, USA, 92618

Website

https://www.shimmick.com

Shimmick Corp is a leading provider of water and other critical infrastructure solutions nationwide. It selectively focuses on the following types of infrastructure projects: Water Treatment, Water Resources, and Other Critical Infrastructure. In water treatment projects the company expands, rehabilitates, upgrades, builds and rebuilds water and wastewater treatment infrastructure, including desalination plants. In water resources projects company builds, expands, and improves water storage and conveyance, dams, levees, flood control systems, pump stations, and coastal protection. In Other Critical Infrastructure projects, It builds, retrofits, expands, rehabilitates, operates, and maintains its nation's critical infrastructure, including mass transit, bridges, and military infrastructure.

Shimmick (Shimmick) Headlines

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