Bechtle AG (FRA:BC8) Interest Expense : €-15 Mil (TTM As of Dec. 2023)

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What is Bechtle AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bechtle AG's interest expense for the three months ended in Dec. 2023 was € -5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-15 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. Bechtle AG's Operating Income for the three months ended in Dec. 2023 was € 108 Mil. Bechtle AG's Interest Expense for the three months ended in Dec. 2023 was € -5 Mil. Bechtle AG's Interest Coverage for the quarter that ended in Dec. 2023 was 23.53. 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.

Bechtle AG Interest Expense Historical Data

The historical data trend for Bechtle 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.

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Bechtle AG Interest Expense Chart

Bechtle AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-6.28

-7.32

-6.64

-6.45

-14.96

Bechtle AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-1.74	-2.43	-3.72	-4.23	-4.59

Bechtle 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-15 Mil.

Bechtle AG (FRA:BC8) 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.

Bechtle AG's Interest Expense for the three months ended in Dec. 2023 was €-5 Mil. Its Operating Income for the three months ended in Dec. 2023 was €108 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was €660 Mil.

Bechtle AG's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	107.933	/	-4.588
	=	23.53

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

Bechtle AG (FRA:BC8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Bechtle AG (FRA:BC8) » Definitions » Interest Expense

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BECTY:USA BHTLF:USA 0DPM:UK BC8:Germany BC8:Austria

Address

Bechtle Platz 1, Neckarsulm, BW, DEU, 74172

Website

https://www.bechtle.com

Bechtle AG is an information technology provider with operations in Germany, Austria, Switzerland, and other European countries. The company's customers are mainly in the industrial, trade, financial, and public sectors. Bechtle operates through two segments: IT System House and Managed Services, and IT E-commerce. The IT System House and Managed Services segment consist of IT strategy consulting, hardware and software sales, project planning and roll-out, system integrations, IT services and training, and client management, among others. The IT E-commerce segment includes e-procurement services, software solutions, and product marketing through the Internet and telemarketing.

Executives

Klaus Winkler

Supervisory Board

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