Nemetschek SE (XSWX:NEMA) Interest Expense : CHF-3.1 Mil (TTM As of Mar. 2024)

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What is Nemetschek SE Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nemetschek SE's interest expense for the three months ended in Mar. 2024 was CHF -0.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was CHF-3.1 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. Nemetschek SE's Operating Income for the three months ended in Mar. 2024 was CHF 49.6 Mil. Nemetschek SE's Interest Expense for the three months ended in Mar. 2024 was CHF -0.6 Mil. Nemetschek SE's Interest Coverage for the quarter that ended in Mar. 2024 was 88.06. 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.

Nemetschek SE Interest Expense Historical Data

The historical data trend for Nemetschek SE'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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Nemetschek SE Interest Expense Chart

Nemetschek SE Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-3.46

-3.22

-2.85

-2.59

-3.09

Nemetschek SE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-0.62	-0.92	-0.87	-0.76	-0.56

Nemetschek SE 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF-3.1 Mil.

Nemetschek SE (XSWX:NEMA) 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.

Nemetschek SE's Interest Expense for the three months ended in Mar. 2024 was CHF-0.6 Mil. Its Operating Income for the three months ended in Mar. 2024 was CHF49.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was CHF49.0 Mil.

Nemetschek SE's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	49.579	/	-0.563
	=	88.06

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Nemetschek SE has enough cash to cover all of its debt. Its financial situation is stable.

Nemetschek SE (XSWX:NEMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nemetschek SE (XSWX:NEMA) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

NEMKY:USA NEMTF:USA 1NEMX:Italy NEMd:UK 0FDT:UK NEM:Germany NEM:Austria

Address

Konrad-Zuse-Platz 1, Munich, BY, DEU, 81829

Website

https://www.nemetschek.com

Nemetschek is a German company that makes software products for the architecture, engineering, and construction industry mainly, but also for the media and entertainment industry. Its software solutions cover the entire life cycle of building and infrastructure projects (design, build, and manage). In media and entertainment, it is one of the world's leading providers of software for the creation of 3D animation and visual effects in movies, TV shows, and gaming.

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