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Emka Ad (XBUL:EMKA) Interest Expense : лв-0.1 Mil (TTM As of Mar. 2024)


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What is Emka Ad Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Emka Ad's interest expense for the three months ended in Mar. 2024 was лв 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was лв-0.1 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. Emka Ad's Operating Income for the three months ended in Mar. 2024 was лв 2.8 Mil. Emka Ad's Interest Expense for the three months ended in Mar. 2024 was лв 0.0 Mil. Emka Ad has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Emka Ad Interest Expense Historical Data

The historical data trend for Emka Ad'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.

Emka Ad Interest Expense Chart

Emka Ad Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.02 -0.06 -0.01

Emka Ad Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.01 - - -0.10 -

Emka Ad 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 лв-0.1 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.


Emka Ad  (XBUL:EMKA) 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.

Emka Ad's Interest Expense for the three months ended in Mar. 2024 was лв0.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was лв2.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was лв0.0 Mil.

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

Emka Ad had no long-term debt (1).

* 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.

Good Sign:

Emka Ad has no debt.


Emka Ad (XBUL:EMKA) Business Description

Traded in Other Exchanges
N/A
Address
Street Bacho Kiro No. 8, Sofia, BGR, 1000
Emka Ad is engaged in the production of wires and cables. The company manufactures non-halogen and polyurethane cables. The product portfolio includes insulated wires, cables, flexible cords, non-insulated wires, winding wires, among others.

Emka Ad (XBUL:EMKA) Headlines

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