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Funkwerk AG (HAM:FEW) Interest Expense : €-0.6 Mil (TTM As of Dec. 2022)


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What is Funkwerk AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Funkwerk AG's interest expense for the six months ended in Dec. 2022 was € -0.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2022 was €-0.6 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. Funkwerk AG's Operating Income for the six months ended in Dec. 2022 was € 19.5 Mil. Funkwerk AG's Interest Expense for the six months ended in Dec. 2022 was € -0.3 Mil. Funkwerk AG's Interest Coverage for the quarter that ended in Dec. 2022 was 61.95. 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.


Funkwerk AG Interest Expense Historical Data

The historical data trend for Funkwerk 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.

* Premium members only.

Funkwerk AG Interest Expense Chart

Funkwerk AG 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 -0.82 -0.81 -0.95 -0.57 -0.28

Funkwerk AG Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 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 -0.18 -0.77 -0.26 -0.31 -

Funkwerk AG 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 Dec. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.6 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.


Funkwerk AG  (HAM:FEW) 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.

Funkwerk AG's Interest Expense for the six months ended in Dec. 2022 was €-0.3 Mil. Its Operating Income for the six months ended in Dec. 2022 was €19.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2022 was €0.0 Mil.

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

Interest Coverage=-1* Operating Income (Q: Dec. 2022 )/Interest Expense (Q: Dec. 2022 )
=-1*19.451/-0.314
=61.95

* 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:

Funkwerk AG has no debt.


Funkwerk AG (HAM:FEW) Business Description

Traded in Other Exchanges
Address
Im Funkwerk 5, Kölleda / Thuringia, DEU, 99625
Funkwerk AG is a supplier of communication, information and security systems. Funkwerk provides tailor-made concepts for railway companies, vehicle manufacturers, industrial companies, transport, logistics, buildings and public, and private institutions. It also develops radio equipment's for railway companies, public transport, inland waterways, and airports, intelligent electronic security systems to protect buildings, squares, industrial buildings, property, and persons.

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