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Shape Robotics A/S (FRA:50O) Interest Expense : €-0.75 Mil (TTM As of Mar. 2024)


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What is Shape Robotics A/S Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shape Robotics A/S's interest expense for the three months ended in Mar. 2024 was € -0.23 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-0.75 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. Shape Robotics A/S's Operating Income for the three months ended in Mar. 2024 was € -1.55 Mil. Shape Robotics A/S's Interest Expense for the three months ended in Mar. 2024 was € -0.23 Mil. Shape Robotics A/S 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.


Shape Robotics A/S Interest Expense Historical Data

The historical data trend for Shape Robotics 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.

Shape Robotics A/S Interest Expense Chart

Shape Robotics A/S Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -0.01 -0.02 -0.02 -0.30 -0.66

Shape Robotics A/S Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.11 -0.10 -0.24 -0.19 -0.23

Shape Robotics 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.75 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.


Shape Robotics A/S  (FRA:50O) 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.

Shape Robotics A/S's Interest Expense for the three months ended in Mar. 2024 was €-0.23 Mil. Its Operating Income for the three months ended in Mar. 2024 was €-1.55 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €2.89 Mil.

Shape Robotics A/S's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Shape Robotics A/S 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.


Shape Robotics A/S (FRA:50O) Business Description

Traded in Other Exchanges
Address
Rugmarken 18, Farum, DNK, DK-3520
Shape Robotics A/S is an educational technology company. It has developed schools with excellent classroom technology for STEAM Education which stands for Science, Technology, Engineering, Arts, and Mathematics. Its products include educational robots, such as Fable, Fable Go, Fable Explore, Steam Lab, and Teacher Zone.

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