KATEK SE (FRA:KTEK) Interest Expense : €-13.0 Mil (TTM As of Dec. 2023)

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What is KATEK SE Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. KATEK SE's interest expense for the three months ended in Dec. 2023 was € -4.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-13.0 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. KATEK SE's Operating Income for the three months ended in Dec. 2023 was € -7.5 Mil. KATEK SE's Interest Expense for the three months ended in Dec. 2023 was € -4.7 Mil. KATEK SE 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.

KATEK SE Interest Expense Historical Data

The historical data trend for KATEK SE'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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KATEK SE Interest Expense Chart

KATEK SE Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-3.50

-2.93

-5.79

-12.99

KATEK SE Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial										-3.08	-2.36	-2.79	-3.12	-4.72

KATEK SE 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 quarterly data reported by the company within the most recent 12 months, which was €-13.0 Mil.

KATEK SE (FRA:KTEK) 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.

KATEK SE's Interest Expense for the three months ended in Dec. 2023 was €-4.7 Mil. Its Operating Income for the three months ended in Dec. 2023 was €-7.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was €109.2 Mil.

KATEK SE's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

KATEK SE did not have earnings to cover the interest expense.

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

KATEK SE (FRA:KTEK) Business Description

Industry

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KTEK:Germany

Address

Promenadeplatz 12, Munchen, BY, DEU, 80333

Website

https://www.katek-group.de

KATEK SE is a German electronics service provider. The key revenue streams are automotive, communication, consumer, industry, energy/solar, and medical technology. It has two segments, The Electronics segment comprises the activities of the Group in the development of hardware and software, prototyping, and the manufacture of high-quality electronics for industrial customers. The Systems & Products segment comprises the same value-added activities, but, in contrast to the Electronics segment, it possesses a number of additional features that together create particular value added (high-value electronics). The majority is from the Electronics segment. Geographically, the majority of revenue is from Germany.

Executives

Dr. Johannes Fues

Board of Directors

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