Groupe Okwind (XPAR:ALOKW) Interest Expense : €-0.79 Mil (TTM As of Jun. 2023)

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What is Groupe Okwind Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Groupe Okwind's interest expense for the six months ended in Jun. 2023 was € -0.38 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was €-0.79 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. Groupe Okwind's Operating Income for the six months ended in Jun. 2023 was € 3.89 Mil. Groupe Okwind's Interest Expense for the six months ended in Jun. 2023 was € -0.38 Mil. Groupe Okwind's Interest Coverage for the quarter that ended in Jun. 2023 was 10.22. 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.

Groupe Okwind Interest Expense Historical Data

The historical data trend for Groupe Okwind'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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Groupe Okwind Interest Expense Chart

Groupe Okwind Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Interest Expense

-0.23

-0.28

-0.69

Groupe Okwind Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23
Interest Expense	-	-	-0.29	-0.41	-0.38

Groupe Okwind 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 €-0.79 Mil.

Groupe Okwind (XPAR:ALOKW) 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.

Groupe Okwind's Interest Expense for the six months ended in Jun. 2023 was €-0.38 Mil. Its Operating Income for the six months ended in Jun. 2023 was €3.89 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was €11.78 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2023 )	/	Interest Expense (Q: Jun. 2023 )
	=	-1	*	3.892	/	-0.381
	=	10.22

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

Groupe Okwind (XPAR:ALOKW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Groupe Okwind SA (XPAR:ALOKW) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Parc d’activités Torcé Ouest ZA du Haut Montigné, Torce, FRA

Website

https://www.okwind.fr

Groupe Okwind SA is specialized in developing solutions for short-circuit green energy production and use. The company offers smart, AI-based energy production management by bringing individuals, farms, industrial sites and local governments self-supply solutions that enable them to generate and use their own energy using smart, high-performance photovoltaic trackers. France account for all net sales.

Groupe Okwind (XPAR:ALOKW) Headlines

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