ALBA SE (HAM:ABA) Interest Expense: €-2.2 Mil (TTM As of Jun. 2024)


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What is ALBA SE Interest Expense?

ALBA SE HAM:ABA +17.19% 10 Interest Expense is €-2.2 Mil as of Jun. 2024. GuruFocus rates HAM:ABA with a GF Score™ of 10/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ALBA SE's interest expense for the six months ended in Jun. 2024 was € -1.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-2.2 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. ALBA SE's Operating Income for the six months ended in Jun. 2024 was € 2.8 Mil. ALBA SE's Interest Expense for the six months ended in Jun. 2024 was € -1.0 Mil. ALBA SE's Interest Coverage for the quarter that ended in Jun. 2024 was 2.77. 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.

ALBA SE  (HAM:ABA) 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.

ALBA SE's Interest Expense for the six months ended in Jun. 2024 was €-1.0 Mil. Its Operating Income for the six months ended in Jun. 2024 was €2.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was €9.5 Mil.

ALBA SE's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*2.763/-0.997
=2.77

* 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.

ALBA SE Interest Expense Historical Data

* Premium members only.

The historical data trend for ALBA 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.

ALBA SE Interest Expense Chart

ALBA SE 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 -1.25 -0.84 -0.67 -0.93 -2.07

ALBA SE Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -0.41 -0.52 -0.85 -1.22 -1.00
HAM:ABA
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ALBA SE HAM:ABA
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ALBA 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-2.2 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 €-2.2 Mil mean?
ALBA SE (HAM:ABA) has a Interest Expense of €-2.2 Mil as of Jun. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on ALBA SE and its competitors.
Is ALBA SE's Interest Expense too high?
ALBA SE's current Interest Expense is €-2.2 Mil. Overall, ALBA SE has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does ALBA SE's Interest Expense compare to WM and RSG?
ALBA SE's Interest Expense of €-2.2 Mil can be compared against companies in the Waste Management 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 Waste Management company?
A good Interest Expense depends on the Waste Management 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 ALBA SE and its competitors. ALBA SE's current Interest Expense is €-2.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ALBA SE stock overvalued right now?
ALBA SE (HAM:ABA) has a current Interest Expense of €-2.2 Mil. The current Interest Expense is €-2.2 Mil. ALBA SE's overall GF Score™ is 10/100. 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 ALBA SE (HAM:ABA), the current Interest Expense is €-2.2 Mil as of Jun. 2024. 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.

ALBA SE Business Description

Address Stollwerckstrasse 9a, Cologne, DEU, 51149
ALBA SE is a German based holding company providing environmental services. Its activities are divided into two segments including Steel & Metals Recycling segment and Services segment. The Steel and Metals Recycling segment comprises all of the company's subsidiaries that undertake to recycle of steel and metals activities. The Services segment comprises activities, such as take-back of transport packaging, sales packaging and used paper bags, as well as recovery of waste electrical and electronic equipment. A major part of revenue comes from Steel and Metals segment. It operates in Germany, European countries and Non-European countries, Germany being the country with highest sales.
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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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