Groupe Berkem (XPAR:ALKEM) Interest Expense : €-2.04 Mil (TTM As of Dec. 2023)

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What is Groupe Berkem Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Groupe Berkem's interest expense for the six months ended in Dec. 2023 was € -1.25 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-2.04 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. Groupe Berkem's Operating Income for the six months ended in Dec. 2023 was € 1.69 Mil. Groupe Berkem's Interest Expense for the six months ended in Dec. 2023 was € -1.25 Mil. Groupe Berkem's Interest Coverage for the quarter that ended in Dec. 2023 was 1.35. 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.

Groupe Berkem Interest Expense Historical Data

The historical data trend for Groupe Berkem'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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Groupe Berkem Interest Expense Chart

Groupe Berkem Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-1.92

-2.17

-2.48

-1.63

-1.94

Groupe Berkem Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial				-	-0.35	-0.47	-0.78	-1.25

Groupe Berkem 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 €-2.04 Mil.

Groupe Berkem (XPAR:ALKEM) 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.

Groupe Berkem's Interest Expense for the six months ended in Dec. 2023 was €-1.25 Mil. Its Operating Income for the six months ended in Dec. 2023 was €1.69 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €29.74 Mil.

Groupe Berkem'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	*	1.69	/	-1.251
	=	1.35

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

Groupe Berkem (XPAR:ALKEM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Groupe Berkem SA (XPAR:ALKEM) » Definitions » Interest Expense

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Address

Marais Ouest, Gardonne, FRA, 24680

Website

https://www.berkem.com

Groupe Berkem SA is a benchmark player in plant-based chemistry with the mission of accelerating the ecological transition of players in everyday chemistry. It designs and manufactures a wide range of active ingredients derived from plant materials, which are then offered to manufacturers for the formulation of products.

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