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Indie Semiconductor (STU:48H) Interest Expense : €-7.3 Mil (TTM As of Mar. 2024)


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What is Indie Semiconductor Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Indie Semiconductor's interest expense for the three months ended in Mar. 2024 was € -1.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-7.3 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. Indie Semiconductor's Operating Income for the three months ended in Mar. 2024 was € -45.7 Mil. Indie Semiconductor's Interest Expense for the three months ended in Mar. 2024 was € -1.7 Mil. Indie Semiconductor did not have earnings to cover the interest expense. 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.


Indie Semiconductor Interest Expense Historical Data

The historical data trend for Indie Semiconductor'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.

Indie Semiconductor Interest Expense Chart

Indie Semiconductor Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Expense
-1.80 -1.10 -1.20 -7.02

Indie Semiconductor Quarterly Data
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 -1.76 -1.98 -1.87 -1.71 -1.71

Indie Semiconductor 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 €-7.3 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.


Indie Semiconductor  (STU:48H) 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.

Indie Semiconductor's Interest Expense for the three months ended in Mar. 2024 was €-1.7 Mil. Its Operating Income for the three months ended in Mar. 2024 was €-45.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €154.8 Mil.

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

Indie Semiconductor did not have earnings to cover the interest expense.

* 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.


Indie Semiconductor (STU:48H) Business Description

Traded in Other Exchanges
Address
32 Journey, Aliso Viejo, CA, USA, 92656
Indie Semiconductor Inc is empowering the Autotech revolution with next-generation automotive semiconductors and software platforms. It focuses on edge sensors for Advanced Driver Assistance Systems including LiDAR, connected car, user experience, and electrification applications. These technologies represent the core underpinnings of both electric and autonomous vehicles, while the advanced user interfaces transform the in-cabin experience to mirror and seamlessly connect to the mobile platforms.

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