Oxurion NV (XBRU:OXUR) Interest Expense : €-0.02 Mil (TTM As of Dec. 2023)

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What is Oxurion NV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Oxurion NV's interest expense for the six months ended in Dec. 2023 was € 3.63 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-0.02 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. Oxurion NV's Operating Income for the six months ended in Dec. 2023 was € -4.93 Mil. Oxurion NV's Interest Expense for the six months ended in Dec. 2023 was € 3.63 Mil. Oxurion 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.

Oxurion NV Interest Expense Historical Data

The historical data trend for Oxurion 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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Oxurion NV Interest Expense Chart

Oxurion NV Annual Data

Trend

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Dec23

Interest Expense

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-0.02

-0.03

-0.02

Oxurion 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															-	-1.12	1.10	-3.65	3.63

Oxurion 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 €-0.02 Mil.

Oxurion NV (XBRU:OXUR) 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.

Oxurion NV's Interest Expense for the six months ended in Dec. 2023 was €3.63 Mil. Its Operating Income for the six months ended in Dec. 2023 was €-4.93 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €0.12 Mil.

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

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

Oxurion NV (XBRU:OXUR) Business Description

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TG4:Germany

Address

Gaston Geenslaan 1, Leuven, BEL, B-3001

Website

https://www.oxurion.com

Oxurion NV is a clinical stage biopharmaceutical company developing next generation standard of care ophthalmic therapies, which are designed to improve and better preserve vision in patients with retinal disorders including diabetic macular edema (DME). The Group's research and development facilities are located in Belgium .The Company is engaged in the development of drugs to treat back-of-the-eye diseases, more specifically, ophthalmologic pharmaceuticals to treat vascular retinal disorders, specifically DME.

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