Virtualware 2007 (XPAR:MLVIR) Interest Expense : € Mil (TTM As of Dec. 2022)

View and export this data going back to 2023. Start your Free Trial

What is Virtualware 2007 Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Virtualware 2007's interest expense for the six months ended in Dec. 2022 was € -0.08 Mil. Virtualware 2007 does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2022.

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. Virtualware 2007's Operating Income for the six months ended in Dec. 2022 was € 0.03 Mil. Virtualware 2007's Interest Expense for the six months ended in Dec. 2022 was € -0.08 Mil. Virtualware 2007's Interest Coverage for the quarter that ended in Dec. 2022 was 0.36. 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.

Virtualware 2007 Interest Expense Historical Data

The historical data trend for Virtualware 2007'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.

Virtualware 2007 Interest Expense Chart

Virtualware 2007 Annual Data

Trend

Dec21

Dec22

Interest Expense

-0.09

-0.08

Virtualware 2007 Semi-Annual Data
	Dec21	Dec22
Interest Expense	-0.09	-0.08

Virtualware 2007 Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Virtualware 2007 (XPAR:MLVIR) 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.

Virtualware 2007's Interest Expense for the six months ended in Dec. 2022 was €-0.08 Mil. Its Operating Income for the six months ended in Dec. 2022 was €0.03 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2022 was €1.20 Mil.

Virtualware 2007's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2022 )	/	Interest Expense (Q: Dec. 2022 )
	=	-1	*	0.028	/	-0.077
	=	0.36

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. Virtualware 2007 SAs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Virtualware 2007 (XPAR:MLVIR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Virtualware 2007 SA (XPAR:MLVIR) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Calle Usausuaga no 7, Basauri, Vizcaya, Bilbao, ESP, 48970

Website

https://www.virtualwareco.com

Virtualware 2007 SA is a world-leading company providing bespoke solutions based on immersive and interactive technologies. Virtualware focuses on developing VR technologies that can help complex industries solve real problems, such as training strategic workers in nuclear plants or construction operations and maintenance of railway infrastructures, to solving medical issues in the battlefield. The company's flagship product VIROO is a unique solution that allows creating, managing and deploying virtual reality projects without limitations. It has a physical space, the VIROO Room, which allows several people to work at full scale in the same physical and virtual space.

Virtualware 2007 (XPAR:MLVIR) Headlines

No Headlines