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Zimtu Capital (FRA:ZCT1) Interest Expense : €-0.03 Mil (TTM As of Aug. 2024)


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What is Zimtu Capital Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Zimtu Capital's interest expense for the three months ended in Aug. 2024 was € -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Aug. 2024 was €-0.03 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. Zimtu Capital's Operating Income for the three months ended in Aug. 2024 was € 0.77 Mil. Zimtu Capital's Interest Expense for the three months ended in Aug. 2024 was € -0.01 Mil. Zimtu Capital's Interest Coverage for the quarter that ended in Aug. 2024 was 128.50. 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.

Zimtu Capital Interest Expense Historical Data

The historical data trend for Zimtu Capital'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.

* Premium members only.

Zimtu Capital Interest Expense Chart

Zimtu Capital Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.01 -0.01 -0.01 -0.01

Zimtu Capital Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 - -0.01 -0.01 -0.01 -0.01

Zimtu Capital 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 Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.03 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.

Zimtu Capital  (FRA:ZCT1) 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.

Zimtu Capital's Interest Expense for the three months ended in Aug. 2024 was €-0.01 Mil. Its Operating Income for the three months ended in Aug. 2024 was €0.77 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Aug. 2024 was €0.10 Mil.

Zimtu Capital's Interest Coverage for the quarter that ended in Aug. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Aug. 2024 )/Interest Expense (Q: Aug. 2024 )
=-1*0.771/-0.006
=128.50

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Zimtu Capital Corp has enough cash to cover all of its debt. Its financial situation is stable.

Zimtu Capital Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Zimtu Capital Corp (FRA:ZCT1) » Definitions » Interest Expense
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Traded in Other Exchanges
ZTMUF:USA ZC:Canada
Address
789 West Pender Street, Suite 1450, Vancouver, BC, CAN, V6C 1H2
Website
https://www.zimtu.com
Zimtu Capital Corp is an investment company. It is engaged in the business of investments in junior resource companies, acquisitions and dispositions, and the provision of management services. The company's business is located in Canada. Its segments are Investment in mineral properties, Corporate and Management services. It derives revenue from Management services.

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