GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Nuernberger Beteiligungs AG (XTER:NBG6) » Definitions » Interest Expense

Nuernberger Beteiligungs AG (XTER:NBG6) Interest Expense : €0 Mil (TTM As of Dec. 2023)


View and export this data going back to 1989. Start your Free Trial

What is Nuernberger Beteiligungs AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nuernberger Beteiligungs AG's interest expense for the six months ended in Dec. 2023 was € 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €0 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. Nuernberger Beteiligungs AG's Operating Income for the six months ended in Dec. 2023 was € 0 Mil. Nuernberger Beteiligungs AG's Interest Expense for the six months ended in Dec. 2023 was € 0 Mil. GuruFocus does not calculate Nuernberger Beteiligungs AG's interest coverage with the available data. 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.


Nuernberger Beteiligungs AG Interest Expense Historical Data

The historical data trend for Nuernberger Beteiligungs 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.

Nuernberger Beteiligungs AG Interest Expense Chart

Nuernberger Beteiligungs AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -15.99 -15.37 - -

Nuernberger Beteiligungs 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Nuernberger Beteiligungs 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 €0 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.


Nuernberger Beteiligungs AG  (XTER:NBG6) 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.

Nuernberger Beteiligungs AG's Interest Expense for the six months ended in Dec. 2023 was €0 Mil. Its EBIT for the six months ended in Dec. 2023 was €0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €15 Mil.

Nuernberger Beteiligungs AG's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

GuruFocus does not calculate Nuernberger Beteiligungs AG's interest coverage with the available data.

* 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.

Good Sign:

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


Nuernberger Beteiligungs AG (XTER:NBG6) Business Description

Traded in Other Exchanges
Address
Ostendstrasse 100, Nuernberg, DEU, 90334
Nuernberger Beteiligungs AG operates in the German financial services domain. Its prime focus is on offering insurance products that span the life, health, and property insurance products. The Life business area comprises of the company's subsidiaries engaged in the provision of life insurances, disability insurance, occupational pensions and various forms of risk insurance, and pension funds. The Health segment is concerned with the provision of health and supplementary insurance and the property insurance segment is responsible for the activities related to in property, casualty, accident insurance, as well as reinsurance. In addition, it provides banking services encompassing financial products, asset management, and investment services.

Nuernberger Beteiligungs AG (XTER:NBG6) Headlines

No Headlines