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Alfa Financial Software Holdings (FRA:A9F) Interest Expense : €-0.8 Mil (TTM As of Dec. 2024)


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What is Alfa Financial Software Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alfa Financial Software Holdings's interest expense for the six months ended in Dec. 2024 was € -0.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was €-0.8 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. Alfa Financial Software Holdings's Operating Income for the six months ended in Dec. 2024 was € 21.9 Mil. Alfa Financial Software Holdings's Interest Expense for the six months ended in Dec. 2024 was € -0.5 Mil. Alfa Financial Software Holdings's Interest Coverage for the quarter that ended in Dec. 2024 was 45.24. 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.


Alfa Financial Software Holdings Interest Expense Historical Data

The historical data trend for Alfa Financial Software 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.

Alfa Financial Software Holdings Interest Expense Chart

Alfa Financial Software Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.88 -0.94 -0.69 -0.58 -0.85

Alfa Financial Software Holdings Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -0.35 -0.23 -0.36 -0.48

Alfa Financial Software 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 Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.8 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.


Alfa Financial Software Holdings  (FRA:A9F) 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.

Alfa Financial Software Holdings's Interest Expense for the six months ended in Dec. 2024 was €-0.5 Mil. Its Operating Income for the six months ended in Dec. 2024 was €21.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was €11.1 Mil.

Alfa Financial Software Holdings's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*21.853/-0.483
=45.24

* 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.


Alfa Financial Software Holdings Business Description

Traded in Other Exchanges
Address
1 Fore Street Avenue, Moor Place, London, GBR, EC2Y 9DT
Alfa Financial Software Holdings PLC provides software and services to the auto and equipment finance industries. Alfa Systems, its technology platform, supports both retail and corporate business for auto, equipment, wholesale, and dealer finance on a multijurisdictional basis, including leases/loans, originations, and servicing. An end-to-end solution with integrated workflow and automated processing using business rules, it provides compelling solutions to asset finance companies. The company generates a majority of its revenue from the United Kingdom and the rest from the United States and other regions.

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