Maschinenfabrik Berthold Hermle AG (FRA:MBH3) Interest Expense : €0.0 Mil (TTM As of Jun. 2023)

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What is Maschinenfabrik Berthold Hermle AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Maschinenfabrik Berthold Hermle AG's interest expense for the six months ended in Jun. 2023 was € 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was €0.0 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. Maschinenfabrik Berthold Hermle AG's Operating Income for the six months ended in Jun. 2023 was € 49.4 Mil. Maschinenfabrik Berthold Hermle AG's Interest Expense for the six months ended in Jun. 2023 was € 0.0 Mil. Maschinenfabrik Berthold Hermle AG 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.

Maschinenfabrik Berthold Hermle AG Interest Expense Historical Data

The historical data trend for Maschinenfabrik Berthold Hermle 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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Maschinenfabrik Berthold Hermle AG Interest Expense Chart

Maschinenfabrik Berthold Hermle AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-0.27

-0.29

-0.20

-0.30

-0.23

Maschinenfabrik Berthold Hermle AG Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Interest Expense	Get a 7-Day Free Trial															-0.10	-0.11	-0.20	-	-

Maschinenfabrik Berthold Hermle 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.0 Mil.

Maschinenfabrik Berthold Hermle AG (FRA:MBH3) 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.

Maschinenfabrik Berthold Hermle AG's Interest Expense for the six months ended in Jun. 2023 was €0.0 Mil. Its Operating Income for the six months ended in Jun. 2023 was €49.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was €0.0 Mil.

Maschinenfabrik Berthold Hermle AG's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Maschinenfabrik Berthold Hermle AG had no long-term debt ⁽¹⁾.

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Maschinenfabrik Berthold Hermle AG has enough cash to cover all of its debt. Its financial situation is stable.

Maschinenfabrik Berthold Hermle AG (FRA:MBH3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Maschinenfabrik Berthold Hermle AG (FRA:MBH3) » Definitions » Interest Expense

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MBH3:Germany

Address

Industriestrasse 8-12, Gosheim, DEU, 78559

Website

http://www.hermle.de

Maschinenfabrik Berthold Hermle AG is a Germany-based company that produces universal milling machines and machining centers. Geographically operates through Germany however the products are made available in Europe, America, Asia, Africa, Australia and other international countries.

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