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AFKEM AG (STU:CHIA) Interest Expense : €0.00 Mil (TTM As of Dec. 2018)


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What is AFKEM AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AFKEM AG's interest expense for the six months ended in Dec. 2018 was € 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2018 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. AFKEM AG's Operating Income for the six months ended in Dec. 2018 was € -0.72 Mil. AFKEM AG's Interest Expense for the six months ended in Dec. 2018 was € 0.00 Mil. AFKEM 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.


AFKEM AG Interest Expense Historical Data

The historical data trend for AFKEM 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.

AFKEM AG Interest Expense Chart

AFKEM AG Annual Data
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Interest Expense
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AFKEM AG Semi-Annual Data
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AFKEM 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. 2018 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.


AFKEM AG  (STU:CHIA) 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.

AFKEM AG's Interest Expense for the six months ended in Dec. 2018 was €0.00 Mil. Its Operating Income for the six months ended in Dec. 2018 was €-0.72 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2018 was €0.00 Mil.

AFKEM AG's Interest Coverage for the quarter that ended in Dec. 2018 is calculated as

AFKEM 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.


AFKEM AG (STU:CHIA) Business Description

Traded in Other Exchanges
N/A
Address
Brussels street 15, Troisdorf, DEU, 53842
AFKEM AG is a Germany based motors manufacturing company. It develops, manufactures, and sells electrically powered vehicle motors. Its products are power turbine, magnetic pulse motor and other innovations which helps in lower fuel consumption. It offers its products worldwide.

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