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Meyer Burger Technology AG (CHIX:MBTNZ) Interest Expense : CHF-12.12 Mil (TTM As of Jun. 2024)


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What is Meyer Burger Technology AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Meyer Burger Technology AG's interest expense for the six months ended in Jun. 2024 was CHF 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was CHF-12.12 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. Meyer Burger Technology AG's Operating Income for the six months ended in Jun. 2024 was CHF -322.74 Mil. Meyer Burger Technology AG's Interest Expense for the six months ended in Jun. 2024 was CHF 0.00 Mil. Meyer Burger Technology AG has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Meyer Burger Technology AG Interest Expense Historical Data

The historical data trend for Meyer Burger Technology 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.

Meyer Burger Technology AG Interest Expense Chart

Meyer Burger Technology AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.06 -2.17 -5.84 -12.36 -25.41

Meyer Burger Technology AG Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -8.38 -6.47 -8.11 -12.12 -

Meyer Burger Technology 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was CHF-12.12 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.

Meyer Burger Technology AG  (CHIX:MBTNz) 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.

Meyer Burger Technology AG's Interest Expense for the six months ended in Jun. 2024 was CHF0.00 Mil. Its Operating Income for the six months ended in Jun. 2024 was CHF-322.74 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was CHF0.00 Mil.

Meyer Burger Technology AG's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Meyer Burger Technology AG had no long-term debt (1).

* 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.

Meyer Burger Technology AG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Meyer Burger Technology AG (CHIX:MBTNz) » Definitions » Interest Expense
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Traded in Other Exchanges
MYBUF:USA MYRBY:USA 0QQ7:UK MBTN:Switzerland
Address
Schorenstrasse 39, Gwatt (Thun), CHE, CH-3645
Website
https://www.meyerburger.com
Meyer Burger Technology AG operates in the technology sector of Switzerland. Its business involves building equipment to produce solar cells, modules, and systems. Meyer's activities are divided into reportable segments, Photovoltaics, and Modules. The company generates maximum revenue from Modules Segment whose product range includes efficient solar modules for roof systems in the private and commercial sector as well as solutions for the solar power plant segment. The company derives the majority of its revenue from Germany.

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