Hoevelrat Holding AG (HAM:C9T) Interest Expense : €0.00 Mil (TTM As of Dec. 2022)

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What is Hoevelrat Holding AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hoevelrat Holding AG's interest expense for the six months ended in Dec. 2022 was € 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2022 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. Hoevelrat Holding AG's Operating Income for the six months ended in Dec. 2022 was € -0.85 Mil. Hoevelrat Holding AG's Interest Expense for the six months ended in Dec. 2022 was € 0.00 Mil. Hoevelrat Holding 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.

Hoevelrat Holding AG Interest Expense Historical Data

The historical data trend for Hoevelrat Holding 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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Hoevelrat Holding AG Interest Expense Chart

Hoevelrat Holding AG Annual Data

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Interest Expense

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Hoevelrat Holding AG Semi-Annual Data
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Hoevelrat Holding 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 Dec. 2022 was €0.00 Mil.

Hoevelrat Holding AG (HAM:C9T) 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.

Hoevelrat Holding AG's Interest Expense for the six months ended in Dec. 2022 was €0.00 Mil. Its Operating Income for the six months ended in Dec. 2022 was €-0.85 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2022 was €0.00 Mil.

Hoevelrat Holding AG's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Hoevelrat Holding AG had no long-term debt ⁽¹⁾.

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

Good Sign:

Hoevelrat Holding AG has no debt.

Hoevelrat Holding AG (HAM:C9T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Hoevelrat Holding AG (HAM:C9T) » Definitions » Interest Expense

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Address

Brodschrangen 3-5, Hamburg, DEU, 20457

Website

http://www.hoevelrat.de

Hoevelrat Holding AG is an independent asset manager. It is engaged in offering financial services. The firm provides various services such as research, marketing, controlling, distribution, staff, and sustainability.

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