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CGift AG (HAM:T7RA) Interest Expense : € Mil (TTM As of Dec. 2019)


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What is CGift AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CGift AG's interest expense for the six months ended in Dec. 2019 was € -0.01 Mil. CGift AG does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2019.

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. CGift AG's Operating Income for the six months ended in Dec. 2019 was € -0.14 Mil. CGift AG's Interest Expense for the six months ended in Dec. 2019 was € -0.01 Mil. CGift AG did not have earnings to cover the interest expense. 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.


CGift AG Interest Expense Historical Data

The historical data trend for CGift 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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CGift AG Interest Expense Chart

CGift AG Annual Data
Trend Dec17 Dec18 Dec19
Interest Expense
- -0.01 -0.01

CGift AG Semi-Annual Data
Dec17 Dec18 Dec19
Interest Expense - -0.01 -0.01

CGift AG Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.


CGift AG  (HAM:T7RA) 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.

CGift AG's Interest Expense for the six months ended in Dec. 2019 was €-0.01 Mil. Its Operating Income for the six months ended in Dec. 2019 was €-0.14 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2019 was €0.00 Mil.

CGift AG's Interest Coverage for the quarter that ended in Dec. 2019 is calculated as

CGift AG did not have earnings to cover the interest expense.

* 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.


CGift AG (HAM:T7RA) Business Description

Traded in Other Exchanges
N/A
Address
Schopenstehl 22, Hamburg, DEU, 20095
CGift AG, formerly Tyros AG is a Germany based financial services provider. It invests in companies consists of blockchain business. It is engaged in provision and operation of an App and web-based platform for managing and redeeming crypto gift cards.

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