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Msg Life AG (HAM:MSGL) Interest Expense : €-0.5 Mil (TTM As of Dec. 2022)


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What is Msg Life AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Msg Life AG's interest expense for the six months ended in Dec. 2022 was € -0.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2022 was €-0.5 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. Msg Life AG's Operating Income for the six months ended in Dec. 2022 was € 11.5 Mil. Msg Life AG's Interest Expense for the six months ended in Dec. 2022 was € -0.5 Mil. Msg Life AG's Interest Coverage for the quarter that ended in Dec. 2022 was 23.20. 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.


Msg Life AG Interest Expense Historical Data

The historical data trend for Msg Life AG'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.

Msg Life AG Interest Expense Chart

Msg Life AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.05 -0.95 -0.87 -0.85 -0.50

Msg Life AG Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
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 -1.05 -0.95 -0.87 -0.85 -0.50

Msg Life AG Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2022 was €-0.5 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.


Msg Life AG  (HAM:MSGL) 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.

Msg Life AG's Interest Expense for the six months ended in Dec. 2022 was €-0.5 Mil. Its Operating Income for the six months ended in Dec. 2022 was €11.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2022 was €0.0 Mil.

Msg Life AG's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2022 )/Interest Expense (Q: Dec. 2022 )
=-1*11.482/-0.495
=23.20

* 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.


Msg Life AG (HAM:MSGL) Business Description

Traded in Other Exchanges
N/A
Address
Humboldtstrasse 35, Leinfelden-Echterdingen, BW, DEU, 70771
Msg Life AG is a Germany-based company. It is a consultant and software company for the insurance and retirement savings market. It is a provider of software, advice, and cloud solutions for life insurance companies and pension fund institutions in Europe and, in particular, health insurance companies in the United States. The company's products and services include msg. Life Factory, msg.Insurance Suite, msg.Migration System, msg.Health Factory, msg.The commission, msg.Business Partner, msg.Billing, and others. Geographically, the company exports its services to the United States of America, Austria, Switzerland, Slovenia, Portugal, Poland, and Benelux.

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