Acanthe Developpement (XPAR:ACAN) Interest Expense : €-0.00 Mil (TTM As of Dec. 2023)

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What is Acanthe Developpement Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Acanthe Developpement's interest expense for the six months ended in Dec. 2023 was € -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 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. Acanthe Developpement's Operating Income for the six months ended in Dec. 2023 was € -8.48 Mil. Acanthe Developpement's Interest Expense for the six months ended in Dec. 2023 was € -0.00 Mil. Acanthe Developpement did not have earnings to cover the interest expense. 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.

Acanthe Developpement Interest Expense Historical Data

The historical data trend for Acanthe Developpement'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.

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Acanthe Developpement Interest Expense Chart

Acanthe Developpement Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.67

-0.88

-0.37

-0.07

Acanthe Developpement 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															-	-0.07	-0.01	-	-

Acanthe Developpement 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 €-0.00 Mil.

Acanthe Developpement (XPAR:ACAN) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Acanthe Developpement's Interest Expense for the six months ended in Dec. 2023 was €-0.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was €-8.48 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €0.07 Mil.

Acanthe Developpement's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Acanthe Developpement did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Acanthe Developpement (XPAR:ACAN) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Acanthe Developpement SA (XPAR:ACAN) » Definitions » Interest Expense

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ADX:Germany

Address

2, rue de Bassano, Paris, FRA, 75116

Website

http://www.acanthedeveloppement.fr

Acanthe Developpement SA is a European property company. Acanthe owns a property portfolio mainly located in the central business district of Paris. The company is organized into four principal operating segments Office Space, Commercial Premises, Hotels, and Residential. It has an operational presence in Belgium and France. All of the company's revenue is generated in the real estate sector in France and Brussels.