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Elaia Investment Spain Socimi (XMAD:YEIS) Interest Expense : €-0.76 Mil (TTM As of Dec. 2022)


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What is Elaia Investment Spain Socimi Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Elaia Investment Spain Socimi's interest expense for the six months ended in Dec. 2022 was € -0.76 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2022 was €-0.76 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. Elaia Investment Spain Socimi's Operating Income for the six months ended in Dec. 2022 was € 1.29 Mil. Elaia Investment Spain Socimi's Interest Expense for the six months ended in Dec. 2022 was € -0.76 Mil. Elaia Investment Spain Socimi's Interest Coverage for the quarter that ended in Dec. 2022 was 1.70. 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.


Elaia Investment Spain Socimi Interest Expense Historical Data

The historical data trend for Elaia Investment Spain Socimi'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.

Elaia Investment Spain Socimi Interest Expense Chart

Elaia Investment Spain Socimi Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial -1.46 -2.11 -2.12 -1.01 -0.76

Elaia Investment Spain Socimi Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense Get a 7-Day Free Trial -1.46 -2.11 -2.12 -1.01 -0.76

Elaia Investment Spain Socimi 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. 2022 was €-0.76 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.


Elaia Investment Spain Socimi  (XMAD:YEIS) 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.

Elaia Investment Spain Socimi's Interest Expense for the six months ended in Dec. 2022 was €-0.76 Mil. Its Operating Income for the six months ended in Dec. 2022 was €1.29 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2022 was €24.55 Mil.

Elaia Investment Spain Socimi's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2022 )/Interest Expense (Q: Dec. 2022 )
=-1*1.286/-0.758
=1.70

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Elaia Investment Spain Socimi SA interest coverage is 1.7, which is low.


Elaia Investment Spain Socimi (XMAD:YEIS) Business Description

Traded in Other Exchanges
N/A
Address
Calle Serrano No. 16 - 5 dcha, Madrid, ESP, 28010
Elaia Investment Spain Socimi SA is a real estate investment trust company. The company acquires and leases residential assets and tourism assets.

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