Belysse Group NV (XBRU:BELYS) Interest Expense : €-17.7 Mil (TTM As of Dec. 2023)

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What is Belysse Group NV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Belysse Group NV's interest expense for the six months ended in Dec. 2023 was € -9.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-17.7 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. Belysse Group NV's Operating Income for the six months ended in Dec. 2023 was € 11.1 Mil. Belysse Group NV's Interest Expense for the six months ended in Dec. 2023 was € -9.3 Mil. Belysse Group NV's Interest Coverage for the quarter that ended in Dec. 2023 was 1.19. 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.

Belysse Group NV Interest Expense Historical Data

The historical data trend for Belysse Group 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.

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Belysse Group NV Interest Expense Chart

Belysse Group NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-23.50

-24.07

-27.18

-19.37

-17.67

Belysse Group NV Semi-Annual Data
	Dec12	Dec13	Dec14	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															-11.89	-11.61	-7.76	-8.39	-9.28

Belysse Group 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 €-17.7 Mil.

Belysse Group NV (XBRU:BELYS) 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.

Belysse Group NV's Interest Expense for the six months ended in Dec. 2023 was €-9.3 Mil. Its Operating Income for the six months ended in Dec. 2023 was €11.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €36.6 Mil.

Belysse Group 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	*	11.085	/	-9.277
	=	1.19

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Belysse Group NVs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Belysse Group NV (XBRU:BELYS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Belysse Group NV (XBRU:BELYS) » Definitions » Interest Expense

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BDB:Germany

Address

Franklin Rooseveltlaan 172-174, Waregem, BEL, 8790

Website

https://www.belysse.com

Belysse Group NV operates its business in four segments. The rugs segment includes woven and tufted area rugs, under the Balta home brand. The residential segment includes wall-to-wall carpet and carpet tiles for private use, through the brands Balta carpets, ITC, and Balta carpet tiles. The commercial segment includes wall-to-wall carpet and carpet tiles for commercial use under the brands' arc edition, Bentley, and Modulyss. The non-Woven segment includes needle felt, carpet backing, and technical non-wovens under the Captiqs brand. The company's geographical segments are Europe, North America, and the Rest of the World.

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