GBK Beteiligungen AG (HAM:GBQ) Interest Expense : €0.00 Mil (TTM As of Dec. 2023)

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What is GBK Beteiligungen AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. GBK Beteiligungen AG's interest expense for the six months ended in Dec. 2023 was € 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 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. GBK Beteiligungen AG's Operating Income for the six months ended in Dec. 2023 was € 1.09 Mil. GBK Beteiligungen AG's Interest Expense for the six months ended in Dec. 2023 was € 0.00 Mil. GBK 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.

GBK Beteiligungen AG Interest Expense Historical Data

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

GBK Beteiligungen AG Annual Data

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Interest Expense

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GBK Beteiligungen AG Semi-Annual Data
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GBK 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 Dec. 2023 was €0.00 Mil.

GBK Beteiligungen AG (HAM:GBQ) 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.

GBK Beteiligungen AG's Interest Expense for the six months ended in Dec. 2023 was €0.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was €1.09 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €0.00 Mil.

GBK Beteiligungen AG's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

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

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

Good Sign:

GBK Beteiligungen AG has no debt.

GBK Beteiligungen AG (HAM:GBQ) Business Description

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

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GBQ:Germany

Address

Guenther-Wagner-Allee 13, Hannover, DEU

Website

http://www.gbk-ag.de

GBK Beteiligungen AG is a investment company. The company provides capital for German companies.

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