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LEM Holding (FRA:LELA) Interest Expense : €-3.0 Mil (TTM As of Mar. 2024)


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What is LEM Holding Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. LEM Holding's interest expense for the six months ended in Mar. 2024 was € -1.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-3.0 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. LEM Holding's Operating Income for the six months ended in Mar. 2024 was € 30.4 Mil. LEM Holding's Interest Expense for the six months ended in Mar. 2024 was € -1.5 Mil. LEM Holding's Interest Coverage for the quarter that ended in Mar. 2024 was 20.34. 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.


LEM Holding Interest Expense Historical Data

The historical data trend for LEM Holding'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.

LEM Holding Interest Expense Chart

LEM Holding Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.37 -0.34 -0.56 -1.56 -3.03

LEM Holding Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 -0.34 -0.74 -0.83 -1.54 -1.50

LEM Holding 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 €-3.0 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.


LEM Holding  (FRA:LELA) 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.

LEM Holding's Interest Expense for the six months ended in Mar. 2024 was €-1.5 Mil. Its Operating Income for the six months ended in Mar. 2024 was €30.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was €36.8 Mil.

LEM Holding's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*30.432/-1.496
=20.34

* 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.


LEM Holding (FRA:LELA) Business Description

Traded in Other Exchanges
Address
Route du Nant-d'Avril, 152, Meyrin, CHE, 1217
LEM Holding SA is a Switzerland-based holding company whose subsidiaries manufacture and distribute electrical measurement components for products with automotive, railway, battery monitoring, and wireless submetering network measuring applications. The firm's operations are broadly organized in two segments namely Asia, Europe/Americas, and LEM Group. It derives a majority of its revenue from Asia.

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