Orbis SE (FRA:OBS) Interest Expense : €-0.3 Mil (TTM As of Dec. 2022)

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What is Orbis SE Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Orbis SE's interest expense for the six months ended in Dec. 2022 was € -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2022 was €-0.3 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. Orbis SE's Operating Income for the six months ended in Dec. 2022 was € 1.9 Mil. Orbis SE's Interest Expense for the six months ended in Dec. 2022 was € -0.1 Mil. Orbis SE's Interest Coverage for the quarter that ended in Dec. 2022 was 17.12. 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.

Orbis SE Interest Expense Historical Data

The historical data trend for Orbis 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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Orbis SE Interest Expense Chart

Orbis SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.20

-0.32

-0.27

-0.29

-1.05

Orbis SE Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.22	-0.05	-0.18	-0.11	-

Orbis 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. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.3 Mil.

Orbis SE (FRA:OBS) 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.

Orbis SE's Interest Expense for the six months ended in Dec. 2022 was €-0.1 Mil. Its Operating Income for the six months ended in Dec. 2022 was €1.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2022 was €7.3 Mil.

Orbis SE's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2022 )	/	Interest Expense (Q: Dec. 2022 )
	=	-1	*	1.9	/	-0.111
	=	17.12

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

Orbis SE (FRA:OBS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Orbis SE (FRA:OBS) » Definitions » Interest Expense

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OBS:Germany

Address

Nell-breuning-allee 3-5, Saarbrücken, DEU, 66115

Website

https://www.orbis.de

Orbis SE is a globally active software and business consultancy company. The company advises and supports international corporations and mid-sized businesses ranging from strategic consulting, organizational consulting, and process consulting to technology consulting and systems integration. It specializes in the leading solutions from SAP and Microsoft.

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