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XBP Europe Holdings (XBP Europe Holdings) Interest Expense : $-7.4 Mil (TTM As of Mar. 2024)


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What is XBP Europe Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. XBP Europe Holdings's interest expense for the three months ended in Mar. 2024 was $ -1.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-7.4 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. XBP Europe Holdings's Operating Income for the three months ended in Mar. 2024 was $ 0.5 Mil. XBP Europe Holdings's Interest Expense for the three months ended in Mar. 2024 was $ -1.4 Mil. XBP Europe Holdings's Interest Coverage for the quarter that ended in Mar. 2024 was 0.34. 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.

XBP Europe Holdings Interest Expense Historical Data

The historical data trend for XBP Europe Holdings'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.

XBP Europe Holdings Interest Expense Chart

XBP Europe Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
-3.15 -2.84 -2.84 -3.06 -7.20

XBP Europe Holdings Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.30 -1.19 -1.27 -3.49 -1.45

XBP Europe Holdings 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 quarterly data reported by the company within the most recent 12 months, which was $-7.4 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.

XBP Europe Holdings  (NAS:XBP) 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.

XBP Europe Holdings's Interest Expense for the three months ended in Mar. 2024 was $-1.4 Mil. Its Operating Income for the three months ended in Mar. 2024 was $0.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $19.3 Mil.

XBP Europe Holdings'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*0.493/-1.446
=0.34

* 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.

XBP Europe Holdings (XBP Europe Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » XBP Europe Holdings Inc (NAS:XBP) » Definitions » Interest Expense
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Traded in Other Exchanges
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Address
2701 East Grauwyler Road, Irving, TX, USA, 75061
Website
https://www.xbpeurope.com
XBP Europe Holdings Inc is a pan-European integrator of bills, payments and related solutions and services seeking to enable the digital transformation of its more than 2,000 clients. The company's name - XBP stands for exchange for bills and payments and reflects the company's strategy to connect buyers and suppliers, across industries, including banking, healthcare, insurance, utilities and the public sector, to optimize clients' bills and payments and related digitization processes. The company provides business process management solutions with proprietary software suites and deep domain expertise, serving as a technology and services partner for its clients. Its cloud-based structure enables it to deploy its solutions across the European market, the Middle East, and Africa.