GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Demetra Holdings PLC (CYS:DEM) » Definitions » Interest Expense

Demetra Holdings (CYS:DEM) Interest Expense : €-0.52 Mil (TTM As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Demetra Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Demetra Holdings's interest expense for the three months ended in Mar. 2024 was € -0.12 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-0.52 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. Demetra Holdings's Operating Income for the three months ended in Mar. 2024 was € 0.22 Mil. Demetra Holdings's Interest Expense for the three months ended in Mar. 2024 was € -0.12 Mil. Demetra Holdings's Interest Coverage for the quarter that ended in Mar. 2024 was 1.81. 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.

Demetra Holdings Interest Expense Historical Data

The historical data trend for Demetra Holdings'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.

Demetra Holdings Interest Expense Chart

Demetra Holdings 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 -0.26 -0.37 -0.36 -0.31 -0.49

Demetra Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 -0.10 -0.12 -0.12 -0.16 -0.12

Demetra Holdings 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 €-0.52 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.

Demetra Holdings  (CYS:DEM) 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.

Demetra Holdings's Interest Expense for the three months ended in Mar. 2024 was €-0.12 Mil. Its Operating Income for the three months ended in Mar. 2024 was €0.22 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €2.99 Mil.

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

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*0.223/-0.123
=1.81

* 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.

Demetra Holdings (CYS:DEM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Demetra Holdings PLC (CYS:DEM) » Definitions » Interest Expense
Comparable Companies
ATH:SPACE ATH:PLAT ATH:INTERCO ATH:FOYRK ATH:PREMIA ATH:TRASTOR ATH:PETRO ATH:BRIQ ATH:ELTON ATH:FLEXO BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
13, Limassol Avenue, 2112 Aglantzia, 5th Floor, , P.O. Box 23582, Nicosia, CYP, 1684
Website
https://www.demetra.com.cy
Demetra Holdings PLC is a closed-end, internally managed, investment fund. The company's business consists of managing investments across multiple asset classes including capital markets, real estate, and private equity. Its portfolio includes equities and other listed securities, fixed-income securities, cash and cash equivalents, private equity, and real estate investments. The company's investment objective is to maximize its shareholders' value.