Blitz Technologies (XTAE:BLITZ-M) Interest Expense : ₪-0.34 Mil (TTM As of Jun. 2024)

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What is Blitz Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Blitz Technologies's interest expense for the six months ended in Jun. 2024 was ₪ -0.12 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ₪-0.34 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. Blitz Technologies's Operating Income for the six months ended in Jun. 2024 was ₪ Mil. Blitz Technologies's Interest Expense for the six months ended in Jun. 2024 was ₪ Mil. 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.

Blitz Technologies Interest Expense Historical Data

The historical data trend for Blitz 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.

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Blitz Technologies Interest Expense Chart

Blitz Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.29

-0.23

-0.37

-0.18

-0.38

Blitz Technologies Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	Get a 7-Day Free Trial															-0.21	0.03	-0.16	-0.22	-0.12

Blitz 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₪-0.34 Mil.

Blitz Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Blitz Technologies Ltd (XTAE:BLITZ-M) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Israel Street Bk 7, Tel Aviv, ISR, 6701912

Website

https://www.blitzmotors.co.il

Blitz Technologies Ltd is engaged in the development, planning, production, marketing, and sale of two-wheeled scooters and electric. The company geographically operates in Israel and Europe.

Blitz Technologies Headlines

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