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Paranovus Entertainment Technology (FRA:2UO) Interest Expense : €-0.14 Mil (TTM As of Sep. 2024)


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What is Paranovus Entertainment Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Paranovus Entertainment Technology's interest expense for the six months ended in Sep. 2024 was € -0.10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was €-0.14 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. Paranovus Entertainment Technology's Operating Income for the six months ended in Sep. 2024 was € -1.04 Mil. Paranovus Entertainment Technology's Interest Expense for the six months ended in Sep. 2024 was € -0.10 Mil. Paranovus Entertainment Technology 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.

Paranovus Entertainment Technology Interest Expense Historical Data

The historical data trend for Paranovus Entertainment Technology'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.

Paranovus Entertainment Technology Interest Expense Chart

Paranovus Entertainment Technology Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial -0.09 -0.09 - - -0.04

Paranovus Entertainment Technology Semi-Annual Data
Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 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 - - - -0.04 -0.10

Paranovus Entertainment Technology 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 semi-annually data reported by the company within the most recent 12 months, which was €-0.14 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.

Paranovus Entertainment Technology  (FRA:2UO) 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.

Paranovus Entertainment Technology's Interest Expense for the six months ended in Sep. 2024 was €-0.10 Mil. Its Operating Income for the six months ended in Sep. 2024 was €-1.04 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was €0.00 Mil.

Paranovus Entertainment Technology's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Paranovus Entertainment Technology 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.

Paranovus Entertainment Technology Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Paranovus Entertainment Technology Ltd (FRA:2UO) » Definitions » Interest Expense
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BRID ATPC BHST LSF BRLS FTLF FARM STCB UMEWF LFVN XSWX:NESN XPAR:BN KHC SHSE:603288 GIS K NSE:NESTLEIND SHSE:600887 SZSE:300999 LSE:ABF
Traded in Other Exchanges
PAVS:USA
Address
250 Park Avenue, 7th Floor, New York, NY, USA, 10177
Website
https://www.pavs.ai
Paranovus Entertainment Technology Ltd through its subsidiary, is engaged in the AI-powered entertainment industry, aiming to provide users with AI-driven games and applications to deliver immersive and engaging entertainment experiences. It is planning to launch SimTwin application which will allow users to interact with digital versions of people and capture life moments. The company also has a software development agreement with Blueline Studios Inc which is developing 10,000 Lives, a mobile game where players pursue various careers and life goals using a board game mechanic.

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