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Nemetschek SE (CHIX:NEMD) Interest Expense : €-11.0 Mil (TTM As of Sep. 2024)


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What is Nemetschek SE Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nemetschek SE's interest expense for the three months ended in Sep. 2024 was € -8.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was €-11.0 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. Nemetschek SE's Operating Income for the three months ended in Sep. 2024 was € 54.6 Mil. Nemetschek SE's Interest Expense for the three months ended in Sep. 2024 was € -8.1 Mil. Nemetschek SE's Interest Coverage for the quarter that ended in Sep. 2024 was 6.73. 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.


Nemetschek SE Interest Expense Historical Data

The historical data trend for Nemetschek SE'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.

Nemetschek SE Interest Expense Chart

Nemetschek SE 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 -3.17 -2.98 -2.74 -2.62 -3.28

Nemetschek SE Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.91 -0.81 -0.58 -1.50 -8.12

Nemetschek SE 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-11.0 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.


Nemetschek SE  (CHIX:NEMd) 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.

Nemetschek SE's Interest Expense for the three months ended in Sep. 2024 was €-8.1 Mil. Its Operating Income for the three months ended in Sep. 2024 was €54.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was €46.0 Mil.

Nemetschek SE's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*54.647/-8.118
=6.73

* 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.


Nemetschek SE Business Description

Address
Konrad-Zuse-Platz 1, Munich, BY, DEU, 81829
Nemetschek is a German company that makes software products for the architecture, engineering, and construction industry mainly, but also for the media and entertainment industry. Its software solutions cover the entire life cycle of building and infrastructure projects (design, build, and manage). In media and entertainment, it is one of the world's leading providers of software for the creation of 3D animation and visual effects in movies, TV shows, and gaming.

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