ITS Group (XPAR:ITS) Interest Expense : €-0.6 Mil (TTM As of Jun. 2019)

View and export this data going back to 1999. Start your Free Trial

What is ITS Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ITS Group's interest expense for the six months ended in Jun. 2019 was € -0.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2019 was €-0.6 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. ITS Group's Operating Income for the six months ended in Jun. 2019 was € 2.8 Mil. ITS Group's Interest Expense for the six months ended in Jun. 2019 was € -0.4 Mil. ITS Group's Interest Coverage for the quarter that ended in Jun. 2019 was 6.82. 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.

ITS Group Interest Expense Historical Data

The historical data trend for ITS Group'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.

ITS Group Interest Expense Chart

ITS Group Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Interest Expense

Get a 7-Day Free Trial

-0.43

-0.32

-0.26

-0.23

-0.32

ITS Group Semi-Annual Data
	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19
Interest Expense	Get a 7-Day Free Trial															-0.16	-0.07	-0.15	-0.18	-0.41

ITS Group 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. 2019 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.6 Mil.

ITS Group (XPAR:ITS) 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.

ITS Group's Interest Expense for the six months ended in Jun. 2019 was €-0.4 Mil. Its Operating Income for the six months ended in Jun. 2019 was €2.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2019 was €37.4 Mil.

ITS Group's Interest Coverage for the quarter that ended in Jun. 2019 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2019 )	/	Interest Expense (Q: Jun. 2019 )
	=	-1	*	2.768	/	-0.406
	=	6.82

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

ITS Group (XPAR:ITS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ITS Group SA (XPAR:ITS) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

42 Rue de Bellevue, Boulogne-Billancourt, FRA, 92100

Website

http://www.itsgroup.fr

ITS Group SA is a information technology company. ITS offers a complete offering through its know-how around IT Strategy and Consulting, IT solutions, Engineering and technical expertise, and Managed Services. It is based on a dynamic partnership policy with the major publishers of the market. The company has marked its presence in France; Belgium and Switzerland.

ITS Group (XPAR:ITS) Headlines

No Headlines