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Lingotes Especiales (XMAD:LGT) Interest Expense : €-0.65 Mil (TTM As of Dec. 2023)


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What is Lingotes Especiales Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lingotes Especiales's interest expense for the six months ended in Dec. 2023 was € -0.32 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-0.65 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. Lingotes Especiales's Operating Income for the six months ended in Dec. 2023 was € 2.80 Mil. Lingotes Especiales's Interest Expense for the six months ended in Dec. 2023 was € -0.32 Mil. Lingotes Especiales's Interest Coverage for the quarter that ended in Dec. 2023 was 8.76. 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.


Lingotes Especiales Interest Expense Historical Data

The historical data trend for Lingotes Especiales'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.

Lingotes Especiales Interest Expense Chart

Lingotes Especiales 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 -0.27 -0.28 -0.32 -0.42 -0.65

Lingotes Especiales Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.15 -0.18 -0.23 -0.33 -0.32

Lingotes Especiales 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 €-0.65 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.


Lingotes Especiales  (XMAD:LGT) 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.

Lingotes Especiales's Interest Expense for the six months ended in Dec. 2023 was €-0.32 Mil. Its Operating Income for the six months ended in Dec. 2023 was €2.80 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €21.10 Mil.

Lingotes Especiales'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*2.795/-0.319
=8.76

* 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.


Lingotes Especiales (XMAD:LGT) Business Description

Traded in Other Exchanges
Address
Calle Colmenares 5, 1st Floor, Valladolid, ESP, 47004
Lingotes Especiales SA engages in the design, development, casting, machining, and assembly of grey and ductile iron components primarily for the automobile industry. The company is also involved in the machining and assembly of automotive components, primarily brake discs and drums, fly-wheels, or pressure-plates; and provision of finishing services, and coating and other additions to components used in automation industry. It also serves electrical appliances, railways, civil engineering, industrial vehicle, farm machinery, compressor, and other markets.

Lingotes Especiales (XMAD:LGT) Headlines

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