Tessco Technologies (TESS)

22.65 +0.56  +2.54%  May 21, 5:01PM
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Tessco Technologies Interest Expense:

0.0137M for Dec. 31, 2012
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Tessco Technologies Interest Expense Chart

    Tessco Technologies Historical Interest Expense Data

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    Data for this Date Range  
    Dec. 31, 2012 0.0137M
    Sept. 30, 2012 0.00
    June 30, 2012 0.00
    March 31, 2012 0.041M
    Dec. 31, 2011 0.0735M
    Sept. 30, 2011 0.00
    June 30, 2011 0.00
    March 31, 2011 0.0941M
    Dec. 31, 2010 0.1189M
    Sept. 30, 2010 0.1298M
    June 30, 2010 0.00
    March 31, 2010 0.0421M
    Dec. 31, 2009 0.0906M
    Sept. 30, 2009 0.0763M
    June 30, 2009 0.1093M
    March 31, 2009 0.1479M
    Dec. 31, 2008 0.2137M
    Sept. 30, 2008 0.00
    June 30, 2008 0.00
    March 31, 2008 Go Pro
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    Sept. 30, 2006 Go Pro
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    About Interest Expense

    When companies borrow money to expand or maintain their business operations, they must pay interest on the money that they borrow. The interest expense is the annual accrued amount of interest that the company paid (or sometimes will have to pay) to its creditors.

    A higher interest expense means that the company is paying more to its debtors. In general, a company's capital structure with a heavier debt focus will have higher interest expenses. Liquidity ratios such as EBIT/Interest Expense can help investors see if increasing Interest Expenses are problematic.

    YCharts includes both operating interest expense and non-operating interest expense in our numbers.
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    TESS Interest Expense Benchmarks

    Companies
    VOXX International 2.286M
    Richardson Electronics 0.00
    Universal Power Group 0.12M

    TESS Interest Expense Rankings

    Overall 69th percentile
    2448 of 8002
    Sector 50th percentile
    476 of 954 in Technology
    Industry 47th percentile
    10 of 19 in Electronics Distribution

    TESS Interest Expense Range, Past 5 Years

    Minimum 0.00 Jun 2008
    Maximum 0.2137M Dec 2008
    Average 0.0606M