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WAG Payment Solutions (FRA:9VU) Interest Expense : €-25 Mil (TTM As of Jun. 2024)


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What is WAG Payment Solutions Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. WAG Payment Solutions's interest expense for the six months ended in Jun. 2024 was € -13 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-25 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. WAG Payment Solutions's Operating Income for the six months ended in Jun. 2024 was € 27 Mil. WAG Payment Solutions's Interest Expense for the six months ended in Jun. 2024 was € -13 Mil. WAG Payment Solutions's Interest Coverage for the quarter that ended in Jun. 2024 was 2.09. 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.


WAG Payment Solutions Interest Expense Historical Data

The historical data trend for WAG Payment Solutions'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.

WAG Payment Solutions Interest Expense Chart

WAG Payment Solutions Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -4.84 -6.22 -5.19 -5.82 -19.79

WAG Payment Solutions Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -2.73 -3.09 -8.26 -11.53 -12.98

WAG Payment Solutions 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-25 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.


WAG Payment Solutions  (FRA:9VU) 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.

WAG Payment Solutions's Interest Expense for the six months ended in Jun. 2024 was €-13 Mil. Its Operating Income for the six months ended in Jun. 2024 was €27 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was €301 Mil.

WAG Payment Solutions's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*27.133/-12.982
=2.09

* 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.


WAG Payment Solutions Business Description

Traded in Other Exchanges
Address
1 Albemarle Street, Third Floor (East), Albemarle House, London, GBR, W1S 4HA
WAG Payment Solutions PLC, formerly Eurowag is a pan-European integrated payment & mobility platform focused on the commercial road transport industry. The group's business involves the provision of services to the CRT industry which are focused on two primary segments: Payment solutions, comprising energy payments through pre-pay or post-pay fuel cards and toll payments; and Mobility solutions, comprising tax refund services; telematics; smart routing apps; and other adjacent services.

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