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Black Sea Property (AQSE:BSP) Interest Expense : €-0.83 Mil (TTM As of Jun. 2023)


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What is Black Sea Property Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Black Sea Property's interest expense for the six months ended in Jun. 2023 was € -0.41 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was €-0.83 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. Black Sea Property's Operating Income for the six months ended in Jun. 2023 was € -0.35 Mil. Black Sea Property's Interest Expense for the six months ended in Jun. 2023 was € -0.41 Mil. Black Sea Property 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.


Black Sea Property Interest Expense Historical Data

The historical data trend for Black Sea Property'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.

Black Sea Property Interest Expense Chart

Black Sea Property Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial -0.72 -0.63 -0.70 -0.54 -0.64

Black Sea Property Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.39 -0.15 -0.22 -0.42 -0.41

Black Sea Property 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 €-0.83 Mil.

* 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.


Black Sea Property  (AQSE:BSP) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Black Sea Property's Interest Expense for the six months ended in Jun. 2023 was €-0.41 Mil. Its Operating Income for the six months ended in Jun. 2023 was €-0.35 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was €18.16 Mil.

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

Black Sea Property did not have earnings to cover the interest expense.

* 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.

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


Black Sea Property (AQSE:BSP) Business Description

Traded in Other Exchanges
N/A
Address
Victory House, Prospect Hill, 6th Floor, Douglas, IMN, IM1 1EQ
Black Sea Property PLC is a real estate company focused on investments in Bulgaria. It seeks to generate capital gains through development, financing and sale of property in Bulgaria, including the prime areas of Bulgaria's Black Sea coast, the ski resorts and the capital, Sofia. The Board is seeking to create a diverse portfolio of opportunistic and value-added Bulgarian real estate assets, including development land, partially completed construction projects and completed buildings.

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