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L agence Automobiliere (XPAR:MLAA) Interest Expense : € Mil (TTM As of Dec. 2020)


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What is L agence Automobiliere Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. L agence Automobiliere's interest expense for the six months ended in Dec. 2020 was € -0.00 Mil. L agence Automobiliere does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2020.

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. L agence Automobiliere's Operating Income for the six months ended in Dec. 2020 was € -0.01 Mil. L agence Automobiliere's Interest Expense for the six months ended in Dec. 2020 was € -0.00 Mil. L agence Automobiliere 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.


L agence Automobiliere Interest Expense Historical Data

The historical data trend for L agence Automobiliere'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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L agence Automobiliere Interest Expense Chart

L agence Automobiliere Annual Data
Trend Dec19 Dec20
Interest Expense
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L agence Automobiliere Semi-Annual Data
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L agence Automobiliere Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.


L agence Automobiliere  (XPAR:MLAA) 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.

L agence Automobiliere's Interest Expense for the six months ended in Dec. 2020 was €-0.00 Mil. Its Operating Income for the six months ended in Dec. 2020 was €-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2020 was €0.29 Mil.

L agence Automobiliere's Interest Coverage for the quarter that ended in Dec. 2020 is calculated as

L agence Automobiliere 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.


L agence Automobiliere (XPAR:MLAA) Business Description

Traded in Other Exchanges
N/A
Address
Zone Actipolis 1 24A Route Départementale 201, Sausheim, FRA, FR-68390
L agence Automobiliere SA is specialized in the purchase and sale of used vehicles. The company also offers services in financing, insurance, assistance and other. It has over 90 branches located in Europe.

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