HanseYachts AG (FRA:H9Y) Interest Expense : €-134 Mil (TTM As of Dec. 2023)

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What is HanseYachts AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. HanseYachts AG's interest expense for the six months ended in Dec. 2023 was € -134 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-134 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. HanseYachts AG's Operating Income for the six months ended in Dec. 2023 was € 414 Mil. HanseYachts AG's Interest Expense for the six months ended in Dec. 2023 was € -134 Mil. HanseYachts AG's Interest Coverage for the quarter that ended in Dec. 2023 was 3.09. 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.

HanseYachts AG Interest Expense Historical Data

The historical data trend for HanseYachts 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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HanseYachts AG Interest Expense Chart

HanseYachts AG Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-1.50

-1.48

-1.33

-0.89

-1.40

HanseYachts 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															-41.17	-	-51.00	-	-133.93

HanseYachts 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 €-134 Mil.

HanseYachts AG (FRA:H9Y) 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.

HanseYachts AG's Interest Expense for the six months ended in Dec. 2023 was €-134 Mil. Its Operating Income for the six months ended in Dec. 2023 was €414 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €3 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	413.731	/	-133.932
	=	3.09

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

HanseYachts AG (FRA:H9Y) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » HanseYachts AG (FRA:H9Y) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

H9Y:Germany

Address

Ladebower Chaussee 11, Greifswald, MV, DEU, 17493

Website

https://www.hanseyachtsag.com

HanseYachts AG is the manufacturer of seagoing sailing and motor yachts. The company's business segments include Sailing Yachts; Motor Yachts; Catamarans and others. The Sailing Yachts segment engages in the production and selling of sailing yachts. It offers cruising yachts under the HANSE brand, elegant deck salons or classically designed cruisers under the Moody brand, sporty cruiser racers under the delher brand, and the VA brand. The Motor Yachts segment manufactures motor yachts under brands such as Fjord and Sealine. It generates maximum revenue from the Sailing Yachts segment. Geographically, it operates in Germany, the United States, France, Turkey, the Netherlands, the United Kingdom, Other Europe and others.

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