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Van Elle Holdings (FRA:5MH) Interest Expense : €-0.5 Mil (TTM As of Oct. 2024)


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What is Van Elle Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Van Elle Holdings's interest expense for the six months ended in Oct. 2024 was € -0.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2024 was €-0.5 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. Van Elle Holdings's Operating Income for the six months ended in Oct. 2024 was € 2.4 Mil. Van Elle Holdings's Interest Expense for the six months ended in Oct. 2024 was € -0.2 Mil. Van Elle Holdings's Interest Coverage for the quarter that ended in Oct. 2024 was 13.48. 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.


Van Elle Holdings Interest Expense Historical Data

The historical data trend for Van Elle Holdings'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.

Van Elle Holdings Interest Expense Chart

Van Elle Holdings Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.75 -0.70 -0.93 -0.55 -0.50

Van Elle Holdings Semi-Annual Data
Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
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 -0.23 -0.33 -0.20 -0.29 -0.18

Van Elle Holdings 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 Oct. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.5 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.


Van Elle Holdings  (FRA:5MH) 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.

Van Elle Holdings's Interest Expense for the six months ended in Oct. 2024 was €-0.2 Mil. Its Operating Income for the six months ended in Oct. 2024 was €2.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Oct. 2024 was €5.2 Mil.

Van Elle Holdings's Interest Coverage for the quarter that ended in Oct. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Oct. 2024 )/Interest Expense (Q: Oct. 2024 )
=-1*2.373/-0.176
=13.48

* 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.


Van Elle Holdings Business Description

Traded in Other Exchanges
Address
Southwell Lane Industrial Estate, Summit Close, Kirkby-in-Ashfield, Nottinghamshire, GBR, NG17 8GJ
Van Elle Holdings PLC is a geotechnical contractor. The company is engaged in providing ground engineering techniques and services. The operating segments of the company are General Piling, Specialist Piling and Rail, and Ground Engineering Services. Other services provided by the company are Screw Piles, Specialist Piling, Rotary Bored Piling Foundation Testing, Driven Piling, and others. The firm generates a majority of its revenue from the General Piling segment.

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