Munic (XPAR:ALMUN) Interest Expense : €-0.22 Mil (TTM As of Jun. 2023)

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What is Munic Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Munic's interest expense for the six months ended in Jun. 2023 was € -0.13 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was €-0.22 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. Munic's Operating Income for the six months ended in Jun. 2023 was € -2.32 Mil. Munic's Interest Expense for the six months ended in Jun. 2023 was € -0.13 Mil. Munic 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.

Munic Interest Expense Historical Data

The historical data trend for Munic'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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Munic Interest Expense Chart

Munic Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-0.31

-0.71

-1.45

-0.18

-0.20

Munic Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Interest Expense	Get a 7-Day Free Trial							-0.05	-0.13	-0.10	-0.09	-0.13

Munic 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 €-0.22 Mil.

Munic (XPAR:ALMUN) 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.

Munic's Interest Expense for the six months ended in Jun. 2023 was €-0.13 Mil. Its Operating Income for the six months ended in Jun. 2023 was €-2.32 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was €6.50 Mil.

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

Munic did not have earnings to cover the interest expense.

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

Munic (XPAR:ALMUN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Munic SA (XPAR:ALMUN) » Definitions » Interest Expense

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Address

100 avenue de Stalingrad, Villejuif, Paris, FRA, 94800

Website

https://www.munic.io

Munic SA is a vehicle data collection, processing and monetization company in Europe and North America. The company designs intelligent solutions in vehicles which collect data using the Munic box directly connected to the heart of the vehicle's electronic network via a universal socket, process such data locally within the Munic box; transmit and analyze such data on a proprietary artificial intelligence platform Munic.io; and allow B-to-B third parties to integrate their commercial applications on Munic.io to monetize the data collected. Its products include Munic Max V4, Munic V6 and Munic V6+ and V7+.

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