Easy Software AG (HAM:ESY) Interest Expense : €0.00 Mil (TTM As of Dec. 2022)

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What is Easy Software AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Easy Software AG's interest expense for the six months ended in Dec. 2022 was € 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2022 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. Easy Software AG's Operating Income for the six months ended in Dec. 2022 was € 0.00 Mil. Easy Software AG's Interest Expense for the six months ended in Dec. 2022 was € 0.00 Mil. Easy Software 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.

Easy Software AG Interest Expense Historical Data

The historical data trend for Easy Software 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.

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Easy Software AG Interest Expense Chart

Easy Software AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.46

-0.35

-0.27

-0.15

-0.28

Easy Software AG Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Dec22	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.18	-0.25	-0.02	-	-

Easy Software 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 Dec. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.00 Mil.

Easy Software AG (HAM:ESY) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Easy Software AG's Interest Expense for the six months ended in Dec. 2022 was €0.00 Mil. Its Operating Income for the six months ended in Dec. 2022 was €0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2022 was €0.00 Mil.

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

Easy Software AG had no long-term debt ⁽¹⁾.

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Easy Software AG has no debt.

Easy Software AG (HAM:ESY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Easy Software AG (HAM:ESY) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Easy Software AG, Am Hauptbahnhof 4, Mulheim An Der Ruhr, DEU, 45468

Website

http://www.easy.de

Easy Software AG is a developer and provider of software solutions for electronic document management and enterprise content management. It provides solutions for revision-proof document and data archiving for all relevant documents and records.

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