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Edenred SE (XPAR:EDEN) Interest Expense : €-71 Mil (TTM As of Dec. 2023)


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What is Edenred SE Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Edenred SE's interest expense for the six months ended in Dec. 2023 was € -32 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-71 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. Edenred SE's Operating Income for the six months ended in Dec. 2023 was € 277 Mil. Edenred SE's Interest Expense for the six months ended in Dec. 2023 was € -32 Mil. Edenred SE's Interest Coverage for the quarter that ended in Dec. 2023 was 8.66. 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.

Edenred SE Interest Expense Historical Data

The historical data trend for Edenred SE'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.

Edenred SE Interest Expense Chart

Edenred SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -26.00 -25.00 -25.00 -46.00 -62.00

Edenred SE Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -21.00 -15.00 -31.00 -39.00 -32.00

Edenred SE 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-71 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.

Edenred SE  (XPAR:EDEN) 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.

Edenred SE's Interest Expense for the six months ended in Dec. 2023 was €-32 Mil. Its Operating Income for the six months ended in Dec. 2023 was €277 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €3,627 Mil.

Edenred SE's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*277/-32
=8.66

* 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.

Edenred SE (XPAR:EDEN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Edenred SE (XPAR:EDEN) » Definitions » Interest Expense
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Traded in Other Exchanges
EDNMY:USA EDNMF:USA EDENp:UK 0MUM:UK QSV:Germany
Address
14-16 Boulevard Garibaldi, Issy-les-Moulineaux, Paris, FRA, 92130
Website
https://www.edenred.com
Edenred is a France-listed prepaid corporate services provider operating in more than 40 countries. The company was listed in 2010 following a spinoff from hotel group Accor. Edenred's main business, Ticket Restaurant, offers prepaid meal vouchers that employers provide to their employees as an additional benefit. The company is also involved in other areas such as prepaid fuel cards and payment and expense-management systems.