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Parx Materials NV (XPAR:MLPRX) Interest Expense : €-0.00 Mil (TTM As of Dec. 2022)


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What is Parx Materials NV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Parx Materials NV's interest expense for the six months ended in Dec. 2022 was € -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2022 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. Parx Materials NV's Operating Income for the six months ended in Dec. 2022 was € -0.20 Mil. Parx Materials NV's Interest Expense for the six months ended in Dec. 2022 was € -0.00 Mil. Parx Materials NV 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.


Parx Materials NV Interest Expense Historical Data

The historical data trend for Parx Materials NV'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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Parx Materials NV Interest Expense Chart

Parx Materials NV Annual Data
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Parx Materials NV Semi-Annual Data
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Parx Materials NV Interest Expense Calculation

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

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2022 was €-0.00 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.


Parx Materials NV  (XPAR:MLPRX) 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.

Parx Materials NV's Interest Expense for the six months ended in Dec. 2022 was €-0.00 Mil. Its Operating Income for the six months ended in Dec. 2022 was €-0.20 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2022 was €0.00 Mil.

Parx Materials NV's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Parx Materials NV 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.


Parx Materials NV (XPAR:MLPRX) Business Description

Traded in Other Exchanges
N/A
Address
Goudsesingel 96 (Unit 1.7), Rotterdam, NLD, 3011 KD
Parx Materials NV is a holding company. It is engaged in developing, manufacturing, and marketing biocompatible plastics and antibacterial polymers. The company through its patented process is integrating it in plastics improving the material's characteristics to protect the surface from bacteria, molds, and fungi. Its technology does not impact any of the original features of the material and the antibacterial property lasts a lifetime. The company's technology can be used for roughly any application, for example for toilet seats, mobile phones, light switches, hospital beds, medical devices, remote controls, door handles, refrigerators, and packaging materials.

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