Avantium NV (XAMS:AVTX) Interest Expense : €-3.44 Mil (TTM As of Jun. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Avantium NV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Avantium NV's interest expense for the six months ended in Jun. 2023 was € -4.15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was €-3.44 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. Avantium NV's Operating Income for the six months ended in Jun. 2023 was € -15.99 Mil. Avantium NV's Interest Expense for the six months ended in Jun. 2023 was € -4.15 Mil. Avantium NV did not have earnings to cover the interest expense. 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.

Avantium NV Interest Expense Historical Data

The historical data trend for Avantium NV'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.

Avantium NV Interest Expense Chart

Avantium NV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

Get a 7-Day Free Trial

-0.02

-0.26

-0.29

-0.35

-0.60

Avantium NV Semi-Annual Data
	Dec12	Dec13	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Interest Expense	Get a 7-Day Free Trial													-0.15	-0.20	-1.31	0.71	-4.15

Avantium NV 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 €-3.44 Mil.

Avantium NV (XAMS:AVTX) 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.

Avantium NV's Interest Expense for the six months ended in Jun. 2023 was €-4.15 Mil. Its Operating Income for the six months ended in Jun. 2023 was €-15.99 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was €57.51 Mil.

Avantium NV's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Avantium NV did not have earnings to cover the interest expense.

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

Avantium NV (XAMS:AVTX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Avantium NV (XAMS:AVTX) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

AVTXF:USA 27V:Germany

Address

Zekeringstraat 29-31, Amsterdam, NLD, 1014 BV

Website

https://www.avantium.com

Avantium NV along with its subsidiaries is engaged in developing and commercializing next-generation bio-based plastics and chemicals based on its technological capabilities in advanced catalysis research and development. Avantium also provides solutions in the field of sustainable chemistry and provider of advanced catalyst testing technology. The company operates through Catalysis, R&D Solutions, Renewable Chemistries and Renewable Polymer segments.