Lacroix Group (FRA:51M) Interest Expense : €-8.2 Mil (TTM As of Dec. 2023)

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What is Lacroix Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lacroix Group's interest expense for the six months ended in Dec. 2023 was € -3.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-8.2 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. Lacroix Group's Operating Income for the six months ended in Dec. 2023 was € 10.4 Mil. Lacroix Group's Interest Expense for the six months ended in Dec. 2023 was € -3.2 Mil. Lacroix Group's Interest Coverage for the quarter that ended in Dec. 2023 was 3.25. 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.

Lacroix Group Interest Expense Historical Data

The historical data trend for Lacroix Group'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.

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Lacroix Group Interest Expense Chart

Lacroix Group Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Dec21

Dec22

Interest Expense

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-1.14

-0.79

-0.99

-0.85

-4.60

Lacroix Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.54	-2.16	-2.44	-4.97	-3.21

Lacroix Group 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-8.2 Mil.

Lacroix Group (FRA:51M) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Lacroix Group's Interest Expense for the six months ended in Dec. 2023 was €-3.2 Mil. Its Operating Income for the six months ended in Dec. 2023 was €10.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €107.4 Mil.

Lacroix Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	10.431	/	-3.214
	=	3.25

The higher the ratio, the stronger the company's financial strength is.

Lacroix Group (FRA:51M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Lacroix Group (FRA:51M) » Definitions » Interest Expense

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LACR:France

Address

8, impasse du Bourrelier, B.P. 30 004, Saint Herblain cedex, FRA, 44801

Website

https://www.lacroix-group.com

Lacroix Group is engaged in the design and production of consumer electronic equipment, in particular in the automotive, home automation, aeronautical, industrial and health sectors.

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