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Creditshelf AG (FRA:CSQ) Interest Expense : €0.00 Mil (TTM As of Sep. 2023)


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What is Creditshelf AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Creditshelf AG's interest expense for the three months ended in Sep. 2023 was € 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was €0.00 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. Creditshelf AG's Operating Income for the three months ended in Sep. 2023 was € -0.21 Mil. Creditshelf AG's Interest Expense for the three months ended in Sep. 2023 was € 0.00 Mil. Creditshelf AG has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Creditshelf AG Interest Expense Historical Data

The historical data trend for Creditshelf 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.

Creditshelf AG Interest Expense Chart

Creditshelf AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial Premium Member Only -0.09 -0.05 -0.03 - -

Creditshelf AG Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - - - - -

Creditshelf AG 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.00 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.


Creditshelf AG  (FRA:CSQ) 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.

Creditshelf AG's Interest Expense for the three months ended in Sep. 2023 was €0.00 Mil. Its Operating Income for the three months ended in Sep. 2023 was €-0.21 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was €0.00 Mil.

Creditshelf AG's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Creditshelf AG had no long-term debt (1).

* 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.


Creditshelf AG (FRA:CSQ) Business Description

Traded in Other Exchanges
Address
Mainzer Landstrasse 33a, Frankfurt, DEU, 60329
Creditshelf AG is the platform for digital SME finance in Germany. It arranges flexible financial solutions that are not tied to specific banks for small and medium-sized enterprises via its online platform, www.creditshelf.com. The company has successfully developed an online credit marketplace platform whose processes are supported by the proprietary, data-driven risk analysis software. The creditshelf platform models the entire credit process, from the loan application through credit analysis and risk management down to loan disbursement and loan servicing. The product offering, which is targeted at German SMEs and growth companies, comprises corporate loans. The business generates revenue from Borrower fees, Investor fees and Servicing and advisory fees.

Creditshelf AG (FRA:CSQ) Headlines

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