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Barco NV (XBRU:BAR) Interest Expense : €-2 Mil (TTM As of Dec. 2023)


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What is Barco NV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Barco NV's interest expense for the six months ended in Dec. 2023 was € -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-2 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. Barco NV's Operating Income for the six months ended in Dec. 2023 was € 51 Mil. Barco NV's Interest Expense for the six months ended in Dec. 2023 was € -1 Mil. Barco NV's Interest Coverage for the quarter that ended in Dec. 2023 was 70.18. 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.

Barco NV Interest Expense Historical Data

The historical data trend for Barco 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.

Barco NV Interest Expense Chart

Barco NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.87 -1.97 -1.82 -1.93 -1.83

Barco NV Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.02 -0.98 -0.95 -1.11 -0.72

Barco 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-2 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.

Barco NV  (XBRU:BAR) 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.

Barco NV's Interest Expense for the six months ended in Dec. 2023 was €-1 Mil. Its Operating Income for the six months ended in Dec. 2023 was €51 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €32 Mil.

Barco NV'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*50.602/-0.721
=70.18

* 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. Barco NV has enough cash to cover all of its debt. Its financial situation is stable.

Barco NV (XBRU:BAR) Business Description

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Traded in Other Exchanges
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Address
35 President Kennedypark, Kortrijk, BEL, 8500
Website
https://www.barco.com
Barco NV is an electronic components company with three business segments: Entertainment, Enterprise, and Healthcare. The Entertainment business segment comprises two business units; Cinema which offers the industry's most complete range of laser and lamp-based cinema projectors, including image processing and audio solutions, and The Immersive Experience business unit offers solutions tailored to the specific needs of large venues, live events, themed entertainment (museums, theme parks, digital immersive art installations, projection mapping, etc.) and simulation applications: projection, image processing, and related services. The company earns the majority of its revenue from the Entertainment business segment.