Bachem Holding AG (XSWX:BANB) Interest Expense : CHF-0.0 Mil (TTM As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is Bachem Holding AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bachem Holding AG's interest expense for the six months ended in Dec. 2023 was CHF -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was CHF-0.0 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. Bachem Holding AG's Operating Income for the six months ended in Dec. 2023 was CHF 94.6 Mil. Bachem Holding AG's Interest Expense for the six months ended in Dec. 2023 was CHF -0.0 Mil. Bachem Holding AG's Interest Coverage for the quarter that ended in Dec. 2023 was 6,754.64. 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.

Bachem Holding AG Interest Expense Historical Data

The historical data trend for Bachem Holding AG'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.

Bachem Holding AG Interest Expense Chart

Bachem Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-0.41

-0.37

-0.07

-0.03

Bachem Holding AG 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															-0.19	-0.06	-0.02	-0.02	-0.01

Bachem Holding AG 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 CHF-0.0 Mil.

Bachem Holding AG (XSWX:BANB) 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.

Bachem Holding AG's Interest Expense for the six months ended in Dec. 2023 was CHF-0.0 Mil. Its Operating Income for the six months ended in Dec. 2023 was CHF94.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was CHF0.2 Mil.

Bachem Holding AG'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	*	94.565	/	-0.014
	=	6,754.64

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. Bachem Holding AG has enough cash to cover all of its debt. Its financial situation is stable.

Bachem Holding AG (XSWX:BANB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Bachem Holding AG (XSWX:BANB) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

BANBz:UK

Address

Hauptstrasse 144, Bubendorf, CHE, 4416

Website

https://www.bachem.com

Bachem Holding AG is a biochemical company that provides services to the pharmaceutical and biotechnology industry. It focuses on the process development and manufacturing of peptides and organic molecules as active pharmaceutical ingredients, as well as on the development of biochemical products for research purposes. The group markets its product under the Bachem and Clinalfa brands. The business of the firm can be seen booming across the market of Switzerland, USA, Austria, Great Britain, Germany and internationally and it generates revenue through the sale of the product.

Bachem Holding AG (XSWX:BANB) Headlines

No Headlines