Deutsche Fachmarkt AG (MUN:DEF) Interest Expense : €-4.47 Mil (TTM As of Jun. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Deutsche Fachmarkt AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Deutsche Fachmarkt AG's interest expense for the three months ended in Jun. 2024 was € -1.15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-4.47 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. Deutsche Fachmarkt AG's Operating Income for the three months ended in Jun. 2024 was € 3.77 Mil. Deutsche Fachmarkt AG's Interest Expense for the three months ended in Jun. 2024 was € -1.15 Mil. Deutsche Fachmarkt AG's Interest Coverage for the quarter that ended in Jun. 2024 was 3.29. 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.

Deutsche Fachmarkt AG Interest Expense Historical Data

The historical data trend for Deutsche Fachmarkt 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.

Deutsche Fachmarkt AG Interest Expense Chart

Deutsche Fachmarkt AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-1.73

-2.14

-2.61

-2.91

-4.21

Deutsche Fachmarkt AG Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Interest Expense	Get a 7-Day Free Trial															-0.82	-0.86	-1.24	-1.23	-1.15

Deutsche Fachmarkt 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-4.47 Mil.

Deutsche Fachmarkt AG (MUN:DEF) 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.

Deutsche Fachmarkt AG's Interest Expense for the three months ended in Jun. 2024 was €-1.15 Mil. Its Operating Income for the three months ended in Jun. 2024 was €3.77 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was €166.03 Mil.

Deutsche Fachmarkt AG's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2024 )	/	Interest Expense (Q: Jun. 2024 )
	=	-1	*	3.771	/	-1.146
	=	3.29

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Deutsche Fachmarkt AG interest coverage is 2.45, which is low.

Deutsche Fachmarkt AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Deutsche Fachmarkt AG (MUN:DEF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

DEF:Germany

Address

Nimrodstr. 23, Berlin, BB, DEU, D-13469

Website

https://www.defama.de

Deutsche Fachmarkt AG is a real estate company. It focusses on small retail properties in small to medium-sized cities in northern and eastern Germany.

Executives

Henrik Von Lukowicz	Supervisory Board
Hans Ulrich Rücker	Supervisory Board