MeVis Medical Solutions AG (XTER:M3V) Interest Expense : €-0.04 Mil (TTM As of Mar. 2024)

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What is MeVis Medical Solutions AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MeVis Medical Solutions AG's interest expense for the six months ended in Mar. 2024 was € 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-0.04 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. MeVis Medical Solutions AG's Operating Income for the six months ended in Mar. 2024 was € 2.30 Mil. MeVis Medical Solutions AG's Interest Expense for the six months ended in Mar. 2024 was € 0.00 Mil. MeVis Medical Solutions AG has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

MeVis Medical Solutions AG Interest Expense Historical Data

The historical data trend for MeVis Medical Solutions 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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MeVis Medical Solutions AG Interest Expense Chart

MeVis Medical Solutions AG Annual Data

Trend

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Sep23

Interest Expense

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-0.01

-0.04

MeVis Medical Solutions AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Interest Expense	Get a 7-Day Free Trial															-	-	-	-0.04	-

MeVis Medical Solutions 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.04 Mil.

MeVis Medical Solutions AG (XTER:M3V) 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.

MeVis Medical Solutions AG's Interest Expense for the six months ended in Mar. 2024 was €0.00 Mil. Its Operating Income for the six months ended in Mar. 2024 was €2.30 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was €0.00 Mil.

MeVis Medical Solutions AG's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

MeVis Medical Solutions AG had no long-term debt ⁽¹⁾.

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

Good Sign:

MeVis Medical Solutions AG has no debt.

MeVis Medical Solutions AG (XTER:M3V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » MeVis Medical Solutions AG (XTER:M3V) » Definitions » Interest Expense

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M3V:Germany M3V:Germany

Address

Caroline-Herschel-Strasse 1, Bremen, DEU, 28359

Website

http://www.mevis.de

MeVis Medical Solutions AG is a provider of medical software products. The company markets its products to equipment manufacturer of medical devices and providers of medical information technology platforms. Its segment includes Digital mammography and Other diagnostics. The Digital mammography segment develops and markets software products which assist in breast diagnostic imaging and intervention. Its Other diagnostics segment consists of digital radiology products. In addition, it also provides the general analysis of radiology images. The company's geographical area of operations includes the United States of America and Europe.

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