DF Deutsche Forfait AG (FRA:DFTK) Interest Expense : €-0.78 Mil (TTM As of Dec. 2023)

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What is DF Deutsche Forfait AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. DF Deutsche Forfait AG's interest expense for the six months ended in Dec. 2023 was € -0.41 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-0.78 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. DF Deutsche Forfait AG's Operating Income for the six months ended in Dec. 2023 was € 1.53 Mil. DF Deutsche Forfait AG's Interest Expense for the six months ended in Dec. 2023 was € -0.41 Mil. DF Deutsche Forfait AG's Interest Coverage for the quarter that ended in Dec. 2023 was 3.77. 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.

DF Deutsche Forfait AG Interest Expense Historical Data

The historical data trend for DF Deutsche Forfait AG'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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DF Deutsche Forfait AG Interest Expense Chart

DF Deutsche Forfait AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.02

-0.09

-0.13

-0.40

-0.78

DF Deutsche Forfait AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.09	-0.12	-0.28	-0.38	-0.41

DF Deutsche Forfait AG 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 €-0.78 Mil.

DF Deutsche Forfait AG (FRA:DFTK) 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.

DF Deutsche Forfait AG's Interest Expense for the six months ended in Dec. 2023 was €-0.41 Mil. Its Operating Income for the six months ended in Dec. 2023 was €1.53 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €16.02 Mil.

DF Deutsche Forfait AG'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	*	1.527	/	-0.405
	=	3.77

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

DF Deutsche Forfait AG (FRA:DFTK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » DF Deutsche Forfait AG (FRA:DFTK) » Definitions » Interest Expense

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DFTK:Germany

Address

Hirtenweg 14, Grunwald, DEU, 82031

Website

https://www.dfag.de

DF Deutsche Forfait AG is engaged in the provision of financial services. Its products include financing solutions, foreign trade receivables, and trade finance funds. The company focuses on the purchase of receivables from imports and exports and provides the hedging of merchandise deliveries in emerging and developing countries. It supports exporters and importers by purchasing foreign trade receivables, providing liquidity and taking over the payment risks. For banks, it operates as a partner for financing solutions, such as structured, abstract payment obligations, and buys and sells assets. Its geographic focus is on the Near and Middle East.

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