Mikron Holding AG (XSWX:MIKN) Interest Expense : CHF-0.5 Mil (TTM As of Dec. 2023)

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What is Mikron Holding AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mikron 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-0.5 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. Mikron Holding AG's Operating Income for the six months ended in Dec. 2023 was CHF 18.7 Mil. Mikron Holding AG's Interest Expense for the six months ended in Dec. 2023 was CHF 0.0 Mil. GuruFocus does not calculate Mikron Holding AG's interest coverage with the available data. 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.

Mikron Holding AG Interest Expense Historical Data

The historical data trend for Mikron 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.

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Mikron Holding AG Interest Expense Chart

Mikron Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.42

-0.48

-0.41

-0.10

-0.08

Mikron 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															-1.13	-	-1.17	-0.48	-

Mikron 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-0.5 Mil.

Mikron Holding AG (XSWX:MIKN) 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.

Mikron Holding AG's Interest Expense for the six months ended in Dec. 2023 was CHF0.0 Mil. Its Operating Income for the six months ended in Dec. 2023 was CHF18.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was CHF2.6 Mil.

Mikron Holding AG's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

GuruFocus does not calculate Mikron Holding AG's interest coverage with the available data.

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

Mikron Holding AG (XSWX:MIKN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mikron Holding AG (XSWX:MIKN) » Definitions » Interest Expense

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Traded in Other Exchanges

MIKNz:UK

Address

Muhlebrucke 2, Biel, CHE, CH-2502

Website

https://www.mikron.com

Mikron Holding AG operates in automation and machining systems that enable extremely precise and productive manufacturing processes. The group engages in the automotive, pharmaceutical, medtech, consumer goods, and watchmaking industries. The business activities are operated through Mikron Machining Solutions and Mikron Automation segments. The Mikron Machining Solutions segment offers customized machining solutions for the manufacturing of complex high-precision components made of metal, such as turbocharger housings, injection nozzles, and ballpoint pen tips. The Mikron Automation segment is a key revenue driver, and manufactures customized automation solutions for the assembly and testing of products.

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