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Ultima United (FRA:EZX) Interest Expense : €-0.04 Mil (TTM As of Jun. 2022)


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What is Ultima United Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ultima United's interest expense for the six months ended in Jun. 2022 was € -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2022 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. Ultima United's Operating Income for the six months ended in Jun. 2022 was € 0.01 Mil. Ultima United's Interest Expense for the six months ended in Jun. 2022 was € -0.02 Mil. Ultima United's Interest Coverage for the quarter that ended in Jun. 2022 was 0.74. 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.


Ultima United Interest Expense Historical Data

The historical data trend for Ultima United'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.

Ultima United Interest Expense Chart

Ultima United Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.03 -0.07 -0.07 -0.04 -0.05

Ultima United Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 -0.03 -0.02 -0.02 -0.03 -0.02

Ultima United 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 Jun. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.04 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.


Ultima United  (FRA:EZX) 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.

Ultima United's Interest Expense for the six months ended in Jun. 2022 was €-0.02 Mil. Its Operating Income for the six months ended in Jun. 2022 was €0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2022 was €0.47 Mil.

Ultima United's Interest Coverage for the quarter that ended in Jun. 2022 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2022 )/Interest Expense (Q: Jun. 2022 )
=-1*0.014/-0.019
=0.74

* 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.


Ultima United (FRA:EZX) Business Description

Traded in Other Exchanges
N/A
Address
11 Preston Street, Suite 14, Como, Perth, WA, AUS, 6152
Ultima United Ltd is a property development company which currently focuses on developing affordable residential houses and apartment units in Western Australia. Its projects include Bentley Development, Cannington Development, and Como Development. The company operates in one geographical and business segment being property development in Australia.

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