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IBU-tec advanced materials AG (XTER:IBU) Interest Expense : €-0.28 Mil (TTM As of Dec. 2022)


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What is IBU-tec advanced materials AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. IBU-tec advanced materials AG's interest expense for the six months ended in Dec. 2022 was € -0.13 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2022 was €-0.28 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. IBU-tec advanced materials AG's Operating Income for the six months ended in Dec. 2022 was € 0.51 Mil. IBU-tec advanced materials AG's Interest Expense for the six months ended in Dec. 2022 was € -0.13 Mil. IBU-tec advanced materials AG's Interest Coverage for the quarter that ended in Dec. 2022 was 3.95. 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.

IBU-tec advanced materials AG Interest Expense Historical Data

The historical data trend for IBU-tec advanced materials 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.

* Premium members only.

IBU-tec advanced materials AG Interest Expense Chart

IBU-tec advanced materials AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -0.41 -0.46 -0.48 -0.28 -0.44

IBU-tec advanced materials AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.24 -0.24 -0.15 -0.13 -

IBU-tec advanced materials 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. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.28 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.

IBU-tec advanced materials AG  (XTER:IBU) 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.

IBU-tec advanced materials AG's Interest Expense for the six months ended in Dec. 2022 was €-0.13 Mil. Its Operating Income for the six months ended in Dec. 2022 was €0.51 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2022 was €6.37 Mil.

IBU-tec advanced materials AG's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2022 )/Interest Expense (Q: Dec. 2022 )
=-1*0.513/-0.13
=3.95

* 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.

IBU-tec advanced materials AG (XTER:IBU) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » IBU-tec advanced materials AG (XTER:IBU) » Definitions » Interest Expense
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XTER:2HRA SAU:2010 TSE:4063 XTER:BAS DOW XKRX:051910 SZSE:002493 SHSE:600989 XKRX:086520 CE XKLS:5183 SZSE:002460 TPE:1326 TSE:4091 XBRU:SOLB SHSE:600426 SHSE:603260 TSE:3407 SAU:2310 ISX:BRPT
Traded in Other Exchanges
0UNS:UK
Address
Hainweg 9-11, Weimar, TH, DEU, 99425
Website
https://www.ibu-tec.com
IBU-tec advanced materials AG is a provider of custom development and production services by means of thermal process technology in the field of the inorganic chemical industry. The company offers services such as Material development and analytics, Process trials and scale-up, Tolling services, Process, and plant optimization, among others.
Executives
Ulrich Weitz Board of Directors

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