TMM Real Estate Development (FRA:TR61) Interest Expense: €-0.02 Mil (TTM As of Dec. 2023)

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FRA:TR61 TMM Real Estate Development PLC FRA:TR61
39 GF Score
Price €0.06
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What is TMM Real Estate Development Interest Expense?

TMM Real Estate Development FRA:TR61 39 Interest Expense is €-0.02 Mil as of Dec. 2023. GuruFocus rates FRA:TR61 with a GF Score™ of 39/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. TMM Real Estate Development's interest expense for the six months ended in Dec. 2023 was € -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-0.02 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. TMM Real Estate Development's Operating Income for the six months ended in Dec. 2023 was € 2.32 Mil. TMM Real Estate Development's Interest Expense for the six months ended in Dec. 2023 was € -0.02 Mil. TMM Real Estate Development's Interest Coverage for the quarter that ended in Dec. 2023 was 96.79. 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.

TMM Real Estate Development  (FRA:TR61) 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.

TMM Real Estate Development's Interest Expense for the six months ended in Dec. 2023 was €-0.02 Mil. Its Operating Income for the six months ended in Dec. 2023 was €2.32 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €0.25 Mil.

TMM Real Estate Development'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*2.323/-0.024
=96.79

* 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.

TMM Real Estate Development Interest Expense Historical Data

* Premium members only.

The historical data trend for TMM Real Estate Development'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.

TMM Real Estate Development Interest Expense Chart

TMM Real Estate Development Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.14 -0.01 -0.01 -0.01 -0.02

TMM Real Estate Development Semi-Annual Data
Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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 -1.14 -0.01 -0.01 -0.01 -0.02
FRA:TR61
39GF Score
TMM Real Estate Development PLC FRA:TR61
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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TMM Real Estate Development Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-0.02 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 €-0.02 Mil mean?
TMM Real Estate Development (FRA:TR61) has a Interest Expense of €-0.02 Mil as of Dec. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on TMM Real Estate Development and its competitors.
Is TMM Real Estate Development's Interest Expense too high?
TMM Real Estate Development's current Interest Expense is €-0.02 Mil. Overall, TMM Real Estate Development has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does TMM Real Estate Development's Interest Expense compare to competitors?
TMM Real Estate Development's Interest Expense of €-0.02 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Interest Expense depends on the Real Estate 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 TMM Real Estate Development and its competitors. TMM Real Estate Development's current Interest Expense is €-0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TMM Real Estate Development stock overvalued right now?
TMM Real Estate Development (FRA:TR61) has a current Interest Expense of €-0.02 Mil. The current Interest Expense is €-0.02 Mil. TMM Real Estate Development's overall GF Score™ is 39/100. 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 TMM Real Estate Development (FRA:TR61), the current Interest Expense is €-0.02 Mil as of Dec. 2023. 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.

TMM Real Estate Development Business Description

Address 49A, Volodymyrska Street, Kyiv, UKR, 04116
TMM Real Estate Development PLC operates as a real estate development and construction company and develops the construction of residential complexes on a turnkey basis, which covers all complex construction and fine finishing works as well as post-construction utility services for the completed projects. It operates in the following segments: Investment Property; Property Development & Construction; Utility and Management Services; and Air Mobility Solutions. The Investment Property segment leases residential and commercial property owned by the group. The Property Development & Construction segment builds and sells residential and commercial property and renders construction services. The Air Mobility Solutions segment earns the majority of revenue.
39GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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