Turnium Technology Group (FRA:E48) Interest Expense: €-1.57 Mil (TTM As of Mar. 2026)

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What is Turnium Technology Group Interest Expense?

Turnium Technology Group FRA:E48 Interest Expense is €-1.57 Mil as of Mar. 2026. The stock has 8 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Turnium Technology Group's interest expense for the three months ended in Mar. 2026 was € -0.71 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was €-1.57 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. Turnium Technology Group's Operating Income for the three months ended in Mar. 2026 was € -1.69 Mil. Turnium Technology Group's Interest Expense for the three months ended in Mar. 2026 was € -0.71 Mil. Turnium Technology Group did not have earnings to cover the interest expense. 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.

Turnium Technology Group  (FRA:E48) 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.

Turnium Technology Group's Interest Expense for the three months ended in Mar. 2026 was €-0.71 Mil. Its Operating Income for the three months ended in Mar. 2026 was €-1.69 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was €9.16 Mil.

Turnium Technology Group's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Turnium Technology Group did not have earnings to cover the interest expense.

* 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.

Turnium Technology Group Interest Expense Historical Data

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The historical data trend for Turnium Technology Group'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.

Turnium Technology Group Interest Expense Chart

Turnium Technology Group Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Interest Expense
Get a 7-Day Free Trial -0.27 -1.00 -0.42 -0.43 -1.03

Turnium Technology Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -0.25 -0.27 -0.29 -0.31 -0.71

Turnium Technology Group 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1.57 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of €-1.57 Mil mean?
Turnium Technology Group (FRA:E48) has a Interest Expense of €-1.57 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Turnium Technology Group and its competitors.
Is Turnium Technology Group's Interest Expense too high?
Turnium Technology Group's current Interest Expense is €-1.57 Mil.
How does Turnium Technology Group's Interest Expense compare to MSFT and ORCL?
Turnium Technology Group's Interest Expense of €-1.57 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Software company?
A good Interest Expense depends on the Software industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Turnium Technology Group and its competitors. Turnium Technology Group's current Interest Expense is €-1.57 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turnium Technology Group stock overvalued right now?
Based on GuruFocus' analysis, Turnium Technology Group (FRA:E48) is currently considered Possible Value Trap. The stock's GF Value™ is €0.04, compared to a current price of €0.02 — trading 40.5% below its estimated fair value. The current Interest Expense is €-1.57 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Turnium Technology Group (FRA:E48), the current Interest Expense is €-1.57 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Turnium Technology Group Business Description

Other Exchanges TTGI:Canada
Address 3355 Grandview Highway, Vancouver, BC, CAN, V5M 1Z5
Turnium Technology Group Inc invests in companies that are creating software-defined networks for service providers, enterprises, and small-medium business. The company deliver its software-defined wide area networking solution as a white label, containerized, disaggregated software platform that channel partners host, manage, brand, and price and as a managed cloud-native service. The Company's operations consist of two operating and reportable segments being Tenacious Networks Inc and Turnium Network Solutions Inc.