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Soluciones Cuatroochenta (XMAD:480S) Interest Expense : €-0.56 Mil (TTM As of Dec. 2023)


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What is Soluciones Cuatroochenta Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Soluciones Cuatroochenta's interest expense for the six months ended in Dec. 2023 was € -0.28 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-0.56 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. Soluciones Cuatroochenta's Operating Income for the six months ended in Dec. 2023 was € 0.74 Mil. Soluciones Cuatroochenta's Interest Expense for the six months ended in Dec. 2023 was € -0.28 Mil. Soluciones Cuatroochenta's Interest Coverage for the quarter that ended in Dec. 2023 was 2.65. 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.

Soluciones Cuatroochenta Interest Expense Historical Data

The historical data trend for Soluciones Cuatroochenta'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.

Soluciones Cuatroochenta Interest Expense Chart

Soluciones Cuatroochenta Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
-0.04 -0.06 -0.32 -0.55 -0.56

Soluciones Cuatroochenta Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only -0.16 -0.29 -0.26 -0.28 -0.28

Soluciones Cuatroochenta 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.56 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.

Soluciones Cuatroochenta  (XMAD:480S) 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.

Soluciones Cuatroochenta's Interest Expense for the six months ended in Dec. 2023 was €-0.28 Mil. Its Operating Income for the six months ended in Dec. 2023 was €0.74 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €7.98 Mil.

Soluciones Cuatroochenta'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*0.741/-0.28
=2.65

* 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.

Soluciones Cuatroochenta (XMAD:480S) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Soluciones Cuatroochenta SA (XMAD:480S) » Definitions » Interest Expense
Comparable Companies
XMAD:NTX XMAD:FACE CRM XTER:SAP INTU NOW UBER CDNS SHOP WDAY XPAR:DSY ROP SNOW TEAM ADSK TSX:CSU TTD DDOG ANSS FICO
Traded in Other Exchanges
N/A
Address
Edificio Espaitec 2, Universitat Jaume I, Avenida de Vicent Sos Baynat s / n, Castellon, ESP, 12071
Website
https://www.cuatroochenta.com
Soluciones Cuatroochenta SA is a technology company developing and implementing digital cloud solutions to meet the challenges and objectives of its clients located in Europe and Latin America. The company, which started as an app development company, has become a solvent technological partner undertaking digital transformations with the powerful management and cybersecurity solutions. This omnichannel service can be tailored to the needs of each organization in order to improve their performance. Its main business models are the development of ad hoc apps for third parties, its own products such as Sefici (process optimization with app and web technology) and 480interactive (software to create apps without programming knowledge), revenue agreements share and participated projects.

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