Adval Tech Holding AG (XSWX:ADVN) Interest Expense : CHF-0.2 Mil (TTM As of Dec. 2023)

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What is Adval Tech Holding AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Adval Tech Holding AG's interest expense for the six months ended in Dec. 2023 was CHF -0.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was CHF-0.2 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. Adval Tech Holding AG's Operating Income for the six months ended in Dec. 2023 was CHF 1.5 Mil. Adval Tech Holding AG's Interest Expense for the six months ended in Dec. 2023 was CHF -0.2 Mil. Adval Tech Holding AG's Interest Coverage for the quarter that ended in Dec. 2023 was 8.10. 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.

Adval Tech Holding AG Interest Expense Historical Data

The historical data trend for Adval Tech Holding AG'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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Adval Tech Holding AG Interest Expense Chart

Adval Tech Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.15

-0.10

-0.08

-0.06

-0.24

Adval Tech Holding AG 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															-0.05	-0.07	0.01	-0.06	-0.18

Adval Tech Holding AG 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 CHF-0.2 Mil.

Adval Tech Holding AG (XSWX:ADVN) 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.

Adval Tech Holding AG's Interest Expense for the six months ended in Dec. 2023 was CHF-0.2 Mil. Its Operating Income for the six months ended in Dec. 2023 was CHF1.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was CHF1.3 Mil.

Adval Tech Holding AG's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	1.467	/	-0.181
	=	8.10

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

Adval Tech Holding AG (XSWX:ADVN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Adval Tech Holding AG (XSWX:ADVN) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Freiburgstrasse 556, Niederwangen, CHE, 3172

Website

https://www.advaltech.com

Adval Tech Holding AG is an industrial supplier of technologically sophisticated components and subassemblies made of metal and plastic. The company focuses on the automotive market and on related applications. The Components division is engaged in the manufacture of metal and plastic high-volume components, focusing on the automotive industry in terms of quantities, quality requirements, lifetime, and production processes. Geographically, activities function through Germany, Switzerland, Hungary, France, Czech Republic, Turkey, Slovakia, other European countries, China, North America, Latin America, Africa, Australia and Oceania. Maximum revenue is generated from Germany region.

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