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Enablence Technologies (TSXV:ENA) Interest Expense : C$-1.98 Mil (TTM As of Mar. 2024)


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What is Enablence Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Enablence Technologies's interest expense for the three months ended in Mar. 2024 was C$ -1.17 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$-1.98 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. Enablence Technologies's Operating Income for the three months ended in Mar. 2024 was C$ -3.11 Mil. Enablence Technologies's Interest Expense for the three months ended in Mar. 2024 was C$ -1.17 Mil. Enablence Technologies 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.


Enablence Technologies Interest Expense Historical Data

The historical data trend for Enablence Technologies'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.

Enablence Technologies Interest Expense Chart

Enablence Technologies Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.20 -3.92 -3.68 -2.51 -2.34

Enablence Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.52 -0.63 -0.79 -0.02 -1.17

Enablence Technologies 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 C$-1.98 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.


Enablence Technologies  (TSXV:ENA) 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.

Enablence Technologies's Interest Expense for the three months ended in Mar. 2024 was C$-1.17 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-3.11 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$21.64 Mil.

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

Enablence Technologies 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.


Enablence Technologies (TSXV:ENA) Business Description

Traded in Other Exchanges
Address
390 March Road, Suite 119, Ottawa, ON, CAN, K2K 0G7
Enablence Technologies Inc is a company operating in an integrated optical products business. The company designs manufacture and sells optical components, primarily in the form of planar lightwave circuits on silicon-based chips. Its products are offered in telecommunications, aerospace, and bio-chemical sensing industries. Enablence products serve a global customer base, primarily focused on data centres and advanced vision end markets in which Enablence works with customers that have emerging market uses for its technology, including medical devices, automotive LiDAR and virtual and augmented reality headsets.

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