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Aquis Exchange (FRA:A9Q) Interest Expense : €-0.10 Mil (TTM As of Jun. 2024)


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What is Aquis Exchange Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aquis Exchange's interest expense for the six months ended in Jun. 2024 was € -0.05 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-0.10 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. Aquis Exchange's Operating Income for the six months ended in Jun. 2024 was € 0.23 Mil. Aquis Exchange's Interest Expense for the six months ended in Jun. 2024 was € -0.05 Mil. Aquis Exchange's Interest Coverage for the quarter that ended in Jun. 2024 was 4.81. 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.

Aquis Exchange Interest Expense Historical Data

The historical data trend for Aquis Exchange'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.

Aquis Exchange Interest Expense Chart

Aquis Exchange Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only -0.06 -0.05 -0.03 -0.08 -0.12

Aquis Exchange Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.04 -0.04 -0.06 -0.06 -0.05

Aquis Exchange 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 €-0.10 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.

Aquis Exchange  (FRA:A9Q) 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.

Aquis Exchange's Interest Expense for the six months ended in Jun. 2024 was €-0.05 Mil. Its Operating Income for the six months ended in Jun. 2024 was €0.23 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was €2.65 Mil.

Aquis Exchange'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*0.226/-0.047
=4.81

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Aquis Exchange PLC has enough cash to cover all of its debt. Its financial situation is stable.

Aquis Exchange Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Aquis Exchange PLC (FRA:A9Q) » Definitions » Interest Expense
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Traded in Other Exchanges
AQX:UK AQX:UK
Address
63 Queen Victoria Street, London, GBR, EC4N 4UA
Website
https://www.aquis.eu
Aquis Exchange PLC is a United Kingdom-based company that engages in cash equities trading exchange. It is authorized and regulated by the UK Financial Conduct Authority to operate a Multilateral Trading Facility. It allows institutional traders to trade stocks from European countries. It has three operating segments Aquis Exchange which operator of MTF and related services, Aquis Stock Exchange for primary listings and trading business, and Aquis Technologies developer of exchange technology and services.

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