Singulus Technologies AG (FRA:SNG) Interest Expense : €-0.60 Mil (TTM As of Jun. 2023)

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What is Singulus Technologies AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Singulus Technologies AG's interest expense for the three months ended in Jun. 2023 was € -0.60 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was €-0.60 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. Singulus Technologies AG's Operating Income for the three months ended in Jun. 2023 was € 0.20 Mil. Singulus Technologies AG's Interest Expense for the three months ended in Jun. 2023 was € -0.60 Mil. Singulus Technologies AG's Interest Coverage for the quarter that ended in Jun. 2023 was 0.33. 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.

Singulus Technologies AG Interest Expense Historical Data

The historical data trend for Singulus Technologies 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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Singulus Technologies AG Interest Expense Chart

Singulus Technologies AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

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Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-1.50

-1.30

-1.10

-1.50

Singulus Technologies AG Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.10	-0.50	-	-0.60	-

Singulus Technologies 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.60 Mil.

Singulus Technologies AG (FRA:SNG) 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.

Singulus Technologies AG's Interest Expense for the three months ended in Jun. 2023 was €-0.60 Mil. Its Operating Income for the three months ended in Jun. 2023 was €0.20 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was €33.50 Mil.

Singulus Technologies AG's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2023 )	/	Interest Expense (Q: Jun. 2023 )
	=	-1	*	0.2	/	-0.6
	=	0.33

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Singulus Technologies AGs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Singulus Technologies AG (FRA:SNG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Singulus Technologies AG (FRA:SNG) » Definitions » Interest Expense

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SNG:Germany SNG:Germany

Address

Hanauer Landstrasse 103, Kahl am Main, BY, DEU, D-63796

Website

https://www.singulus.de

Singulus Technologies AG is an operating high-tech engineering Company. It focuses its activities on the development, manufacturing, and selling of machines, plants, and systems in the area of vacuum coating technology, surface technology, wet-chemical as well as thermal processing technology. The products and services include machine sales as well as service and replacement part activities. Its product portfolio comprises vacuum thin-film and plasma coating, wet-chemical cleaning, and thermal processing technology. The Company operates through three segments: Life Science, Solar, and Semiconductor. The company generates the majority of its revenue from the solar segment. Geographically the company operates in Europe, North and South America, Asia, Africa, and Australia.

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