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Maschinenfabrik Heid AG (WBO:HED) Interest Expense : €-0.00 Mil (TTM As of Jun. 2023)


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What is Maschinenfabrik Heid AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Maschinenfabrik Heid AG's interest expense for the six months ended in Jun. 2023 was € 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was €-0.00 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 Heid AG's Operating Income for the six months ended in Jun. 2023 was € 4.05 Mil. Maschinenfabrik Heid AG's Interest Expense for the six months ended in Jun. 2023 was € 0.00 Mil. Maschinenfabrik Heid 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 Heid AG Interest Expense Historical Data

The historical data trend for Maschinenfabrik Heid 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 Heid AG Interest Expense Chart

Maschinenfabrik Heid AG Annual Data
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Interest Expense
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Maschinenfabrik Heid AG Semi-Annual Data
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Maschinenfabrik Heid 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 €-0.00 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.


Maschinenfabrik Heid AG  (WBO:HED) 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.

Maschinenfabrik Heid AG's Interest Expense for the six months ended in Jun. 2023 was €0.00 Mil. Its Operating Income for the six months ended in Jun. 2023 was €4.05 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was €0.00 Mil.

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

Maschinenfabrik Heid AG 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:

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


Maschinenfabrik Heid AG (WBO:HED) Business Description

Traded in Other Exchanges
N/A
Address
HEID-Werkstrasse 13, Stockerau bei Wien, AUT, 2000
Maschinenfabrik Heid AG is a machine tool construction company based in Austria. The company also provides service and spare parts for lathes. Its other business areas consist of real estate marketing and leasing as well as investments in companies.

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