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AB Effectenbeteiligungen AG (WBO:ABE) Interest Expense : €-0.01 Mil (TTM As of Dec. 2023)


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What is AB Effectenbeteiligungen AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AB Effectenbeteiligungen AG's interest expense for the six months ended in Dec. 2023 was € -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-0.01 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. AB Effectenbeteiligungen AG's Operating Income for the six months ended in Dec. 2023 was € 0.48 Mil. AB Effectenbeteiligungen AG's Interest Expense for the six months ended in Dec. 2023 was € -0.01 Mil. AB Effectenbeteiligungen AG's Interest Coverage for the quarter that ended in Dec. 2023 was 34.57. 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.

AB Effectenbeteiligungen AG Interest Expense Historical Data

The historical data trend for AB Effectenbeteiligungen 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.

AB Effectenbeteiligungen AG Interest Expense Chart

AB Effectenbeteiligungen AG 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 - - -0.05 -0.02 -0.01

AB Effectenbeteiligungen AG Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 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 - - -0.05 -0.02 -0.01

AB Effectenbeteiligungen 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. 2023 was €-0.01 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.

AB Effectenbeteiligungen AG  (WBO:ABE) 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.

AB Effectenbeteiligungen AG's Interest Expense for the six months ended in Dec. 2023 was €-0.01 Mil. Its Operating Income for the six months ended in Dec. 2023 was €0.48 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €0.36 Mil.

AB Effectenbeteiligungen AG'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*0.484/-0.014
=34.57

* 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.

AB Effectenbeteiligungen AG (WBO:ABE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » AB Effectenbeteiligungen AG (WBO:ABE) » Definitions » Interest Expense
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Traded in Other Exchanges
JPH:Germany
Address
Lehen 68, Innerschwand, Mondsee, AUT, A-5311
Website
https://www.abe-ag.at
AB Effectenbeteiligungen AG is engaged in the investment in undervalued small-cap and mid-cap companies. Its focus is on investments in long-term sustainable value shares, which are meaningfully supplemented by more liquid shares with at least a medium maturity. The company focuses on investments focusing on Germany and Austria.