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Verney-Carron (XPAR:MLVER) Interest Expense : €-0.10 Mil (TTM As of Feb. 2022)


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What is Verney-Carron Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Verney-Carron's interest expense for the six months ended in Feb. 2022 was € -0.10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2022 was €-0.10 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. Verney-Carron's Operating Income for the six months ended in Feb. 2022 was € -2.19 Mil. Verney-Carron's Interest Expense for the six months ended in Feb. 2022 was € -0.10 Mil. Verney-Carron 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.


Verney-Carron Interest Expense Historical Data

The historical data trend for Verney-Carron'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.

Verney-Carron Interest Expense Chart

Verney-Carron Annual Data
Trend Dec17 Dec18 Dec19
Interest Expense
-0.13 -0.11 -0.13

Verney-Carron Semi-Annual Data
Dec17 Dec18 Dec19 Feb22
Interest Expense -0.13 -0.11 -0.13 -0.10

Verney-Carron 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 Feb. 2022 was €-0.10 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.


Verney-Carron  (XPAR:MLVER) 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.

Verney-Carron's Interest Expense for the six months ended in Feb. 2022 was €-0.10 Mil. Its Operating Income for the six months ended in Feb. 2022 was €-2.19 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Feb. 2022 was €4.71 Mil.

Verney-Carron's Interest Coverage for the quarter that ended in Feb. 2022 is calculated as

Verney-Carron 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.


Verney-Carron (XPAR:MLVER) Business Description

Traded in Other Exchanges
N/A
Address
54 boulevard Thiers, Saint-Etienne, FRA, 42002
Verney-Carron SA manufactures hunting weapons. The company sells shotguns, rifles, custom made luxury hunting weapons, among others.

Verney-Carron (XPAR:MLVER) Headlines

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