Wurmtal Beteiligungen AG (HAM:B9V) Interest Expense : €0.00 Mil (TTM As of Apr. 2024)

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What is Wurmtal Beteiligungen AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wurmtal Beteiligungen AG's interest expense for the six months ended in Apr. 2024 was € 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Apr. 2024 was €0.00 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. Wurmtal Beteiligungen AG's Operating Income for the six months ended in Apr. 2024 was € -0.15 Mil. Wurmtal Beteiligungen AG's Interest Expense for the six months ended in Apr. 2024 was € 0.00 Mil. Wurmtal Beteiligungen AG has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Wurmtal Beteiligungen AG Interest Expense Historical Data

The historical data trend for Wurmtal Beteiligungen 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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Wurmtal Beteiligungen AG Interest Expense Chart

Wurmtal Beteiligungen AG Annual Data

Trend

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Apr24

Interest Expense

Wurmtal Beteiligungen AG Semi-Annual Data
	Apr20	Apr21	Apr22	Apr23	Apr24
Interest Expense	-	-	-	-	-

Wurmtal Beteiligungen AG 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 Apr. 2024 was €0.00 Mil.

Wurmtal Beteiligungen AG (HAM:B9V) 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.

Wurmtal Beteiligungen AG's Interest Expense for the six months ended in Apr. 2024 was €0.00 Mil. Its Operating Income for the six months ended in Apr. 2024 was €-0.15 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Apr. 2024 was €0.00 Mil.

Wurmtal Beteiligungen AG's Interest Coverage for the quarter that ended in Apr. 2024 is calculated as

Wurmtal Beteiligungen AG had no long-term debt ⁽¹⁾.

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

Good Sign:

Wurmtal Beteiligungen AG has no debt.

Wurmtal Beteiligungen AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Wurmtal Beteiligungen AG (HAM:B9V) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

Carlstraße 50, Ubach-Palenberg, NW, DEU, D-52531

Website

https://www.wurmtal-beteiligungen.de

Wurmtal Beteiligungen AG invests exclusively in established companies.

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