Eurotech (LTS:0E7Z) Interest Expense : €-1.55 Mil (TTM As of Mar. 2024)

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What is Eurotech Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Eurotech's interest expense for the three months ended in Mar. 2024 was € -0.29 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-1.55 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. Eurotech's Operating Income for the three months ended in Mar. 2024 was € -4.50 Mil. Eurotech's Interest Expense for the three months ended in Mar. 2024 was € -0.29 Mil. Eurotech 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.

Eurotech Interest Expense Historical Data

The historical data trend for Eurotech'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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Eurotech Interest Expense Chart

Eurotech Annual Data

Trend

Dec14

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Dec19

Dec20

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Dec23

Interest Expense

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-0.47

-0.41

-0.35

-0.33

-1.06

Eurotech Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-0.22	-0.25	-0.74	-0.27	-0.29

Eurotech 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1.55 Mil.

Eurotech (LTS:0E7Z) 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.

Eurotech's Interest Expense for the three months ended in Mar. 2024 was €-0.29 Mil. Its Operating Income for the three months ended in Mar. 2024 was €-4.50 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €11.20 Mil.

Eurotech's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Eurotech did not have earnings to cover the interest expense.

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

Eurotech (LTS:0E7Z) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Eurotech (LTS:0E7Z) » Definitions » Interest Expense

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ETH:Italy E5T:Germany

Address

Via Fratelli Solari, 3/A, Amaro, Udine, ITA, 33020

Website

https://www.eurotech.com

Eurotech operates in the sector of research, development, production and marketing of miniaturised, high-performance and high-energy efficiency computers for special uses named NanoPCs. The company's product offering is modular with different levels of hardware and software integration, consisting of modules (Embedded PCs) and miniaturised or non-miniaturised electronic systems (Edge gateways, Edge servers and Edge AI) that can have high processing capabilities and very high energy efficiency, as well as software platforms for the Internet of Things, currently intended for the industrial automation, transport and off-road, medical, energy-gas-water networks and telecommunications sectors.

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