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Andersen & Martini Holding A/S (CHIX:AMBC) Interest Expense : kr-4.9 Mil (TTM As of Jun. 2020)


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What is Andersen & Martini Holding A/S Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Andersen & Martini Holding A/S's interest expense for the six months ended in Jun. 2020 was kr -2.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2020 was kr-4.9 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. Andersen & Martini Holding A/S's Operating Income for the six months ended in Jun. 2020 was kr 2.1 Mil. Andersen & Martini Holding A/S's Interest Expense for the six months ended in Jun. 2020 was kr -2.6 Mil. Andersen & Martini Holding A/S's Interest Coverage for the quarter that ended in Jun. 2020 was 0.83. 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.


Andersen & Martini Holding A/S Interest Expense Historical Data

The historical data trend for Andersen & Martini Holding A/S'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.

Andersen & Martini Holding A/S Interest Expense Chart

Andersen & Martini Holding A/S Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.02 -11.43 -9.34 -7.54 -4.56

Andersen & Martini Holding A/S Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.86 -2.68 -2.23 -2.33 -2.58

Andersen & Martini Holding A/S 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. 2020 adds up the semi-annually data reported by the company within the most recent 12 months, which was kr-4.9 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.


Andersen & Martini Holding A/S  (CHIX:AMBc) 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.

Andersen & Martini Holding A/S's Interest Expense for the six months ended in Jun. 2020 was kr-2.6 Mil. Its Operating Income for the six months ended in Jun. 2020 was kr2.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2020 was kr94.9 Mil.

Andersen & Martini Holding A/S's Interest Coverage for the quarter that ended in Jun. 2020 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2020 )/Interest Expense (Q: Jun. 2020 )
=-1*2.137/-2.579
=0.83

* 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.


Andersen & Martini Holding A/S (CHIX:AMBC) Business Description

Traded in Other Exchanges
N/A
Address
AGENAVEJ 15, Greve, DNK, 2670
Andersen & Martini A/S is engaged in the operation of car dealerships. The company is active within the trade leasing and rental of new and used car for private use and business purposes. Its product includes, opel, Saab, Kia, Fiat, Cadillac, among others. It also provides car repair, leasing services.

Andersen & Martini Holding A/S (CHIX:AMBC) Headlines