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ENEFI Asset Management (BUD:ENEFI) Interest Expense : Ft-6.7 Mil (TTM As of Dec. 2023)


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What is ENEFI Asset Management Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ENEFI Asset Management's interest expense for the six months ended in Dec. 2023 was Ft -3.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was Ft-6.7 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. ENEFI Asset Management's Operating Income for the six months ended in Dec. 2023 was Ft -153.4 Mil. ENEFI Asset Management's Interest Expense for the six months ended in Dec. 2023 was Ft -3.0 Mil. ENEFI Asset Management did not have earnings to cover the interest expense. 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.


ENEFI Asset Management Interest Expense Historical Data

The historical data trend for ENEFI Asset Management'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.

ENEFI Asset Management Interest Expense Chart

ENEFI Asset Management 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 -2.91 -6.95 -3.99 -6.62 -6.66

ENEFI Asset Management 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 43.15 -2.68 -3.94 -3.65 -3.00

ENEFI Asset Management 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 Ft-6.7 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.


ENEFI Asset Management  (BUD:ENEFI) 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.

ENEFI Asset Management's Interest Expense for the six months ended in Dec. 2023 was Ft-3.0 Mil. Its Operating Income for the six months ended in Dec. 2023 was Ft-153.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was Ft0.0 Mil.

ENEFI Asset Management's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

ENEFI Asset Management did not have earnings to cover the interest expense.

* 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.


ENEFI Asset Management (BUD:ENEFI) Business Description

Traded in Other Exchanges
N/A
Address
Nanasi ut 23779/8/E/24, Budapest, HUN, 1031
ENEFI Asset Management PLC is an alternative energy company specializing in the implementation of self-financed, technology-independent, and supplier-independent complex energy efficiency-improvement projects, based on the combination of fossil and renewable energy sources. It offers heat supply, public lighting, and kitchen technology investments. The company operates in the following segments: the Energy sector; the Real segment which currently has four branches: finance, tourism, real estate, and food industry; and the Capital market segment. The company derives the majority of its revenue from the Energy sector. The company operates in Cyprus and Romania, out of which the majority of the revenue is generated from Romania.

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