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Deezer (XPAR:DEEZR) Interest Expense : €-0.9 Mil (TTM As of Dec. 2023)


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What is Deezer Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Deezer's interest expense for the six months ended in Dec. 2023 was € -0.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-0.9 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. Deezer's Operating Income for the six months ended in Dec. 2023 was € -22.0 Mil. Deezer's Interest Expense for the six months ended in Dec. 2023 was € -0.4 Mil. Deezer 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.


Deezer Interest Expense Historical Data

The historical data trend for Deezer'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.

Deezer Interest Expense Chart

Deezer Annual Data
Trend Dec12 Dec13 Dec14 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -0.28 -0.69 -0.73 -0.91 -0.89

Deezer Semi-Annual Data
Dec12 Dec13 Jun14 Dec14 Jun15 Dec19 Dec20 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 - -0.43 -0.48 -0.52 -0.37

Deezer 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 €-0.9 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.


Deezer  (XPAR:DEEZR) 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.

Deezer's Interest Expense for the six months ended in Dec. 2023 was €-0.4 Mil. Its Operating Income for the six months ended in Dec. 2023 was €-22.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €29.0 Mil.

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

Deezer did not have earnings to cover the interest expense.

* 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.


Deezer (XPAR:DEEZR) Business Description

Traded in Other Exchanges
Address
24 rue de Calais, Paris, FRA, 75009
Deezer SA is an independent music streaming platform providing access to lossless HiFi audio, innovative recommendation technology and industry-defining features. The company brings artists and fans together on a scalable and global platform, to unlock the potential of music through technology. The company is based in France, Germany, the UK, Brazil and the US.

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