Travel Technology Interactive (XPAR:ALTTI) Interest Expense : €-0.07 Mil (TTM As of Jun. 2023)

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What is Travel Technology Interactive Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Travel Technology Interactive's interest expense for the six months ended in Jun. 2023 was € -0.04 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was €-0.07 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. Travel Technology Interactive's Operating Income for the six months ended in Jun. 2023 was € 1.19 Mil. Travel Technology Interactive's Interest Expense for the six months ended in Jun. 2023 was € -0.04 Mil. Travel Technology Interactive's Interest Coverage for the quarter that ended in Jun. 2023 was 30.41. 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.

Travel Technology Interactive Interest Expense Historical Data

The historical data trend for Travel Technology Interactive'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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Travel Technology Interactive Interest Expense Chart

Travel Technology Interactive Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.18

-0.09

-0.08

-0.05

-0.10

Travel Technology Interactive 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															-0.06	-0.02	-0.03	-0.04	-

Travel Technology Interactive 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.07 Mil.

Travel Technology Interactive (XPAR:ALTTI) 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.

Travel Technology Interactive's Interest Expense for the six months ended in Jun. 2023 was €-0.04 Mil. Its Operating Income for the six months ended in Jun. 2023 was €1.19 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was €1.42 Mil.

Travel Technology Interactive's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2023 )	/	Interest Expense (Q: Jun. 2023 )
	=	-1	*	1.186	/	-0.039
	=	30.41

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

Travel Technology Interactive (XPAR:ALTTI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Travel Technology Interactive SA (XPAR:ALTTI) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

11 rue du Colisee, Paris, FRA, 75008

Website

http://www.ttinteractive.com

Travel Technology Interactive SA is a France-based company engages in software development for air transportation management. Its solutions include Zenith, a cloud-based solution that controls airline's inventory, fares, sales, operations, and revenue management; and Nexlog, a cloud-based cargo management solution.

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