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Logicom Public (LTS:0F4G) Interest Expense : €-13.50 Mil (TTM As of Mar. 2024)


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What is Logicom Public Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Logicom Public's interest expense for the three months ended in Mar. 2024 was € -3.91 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-13.50 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. Logicom Public's Operating Income for the three months ended in Mar. 2024 was € 10.58 Mil. Logicom Public's Interest Expense for the three months ended in Mar. 2024 was € -3.91 Mil. Logicom Public's Interest Coverage for the quarter that ended in Mar. 2024 was 2.71. 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.

Logicom Public Interest Expense Historical Data

The historical data trend for Logicom Public'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.

Logicom Public Interest Expense Chart

Logicom Public 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 -8.47 -4.95 -4.02 -7.80 -13.11

Logicom Public 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 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 -3.52 -3.76 -3.38 -2.45 -3.91

Logicom Public 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 €-13.50 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.

Logicom Public  (LTS:0F4G) 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.

Logicom Public's Interest Expense for the three months ended in Mar. 2024 was €-3.91 Mil. Its Operating Income for the three months ended in Mar. 2024 was €10.58 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €10.95 Mil.

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

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*10.582/-3.905
=2.71

* 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.

Logicom Public (LTS:0F4G) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Logicom Public Ltd (LTS:0F4G) » Definitions » Interest Expense
Comparable Companies
CYS:FBI CYS:SAL CYS:KEO CYS:ATL CYS:DEM CYS:KG CYS:CBH CYS:PND CYS:CCC SNX SZSE:000938 TSE:4768 ARW XPAR:RXL NSIT AVT TPE:3702 TPE:2347 XSWX:ALSN TSE:3132
Traded in Other Exchanges
LOG:Cyprus
Address
Stasinou 26, Ayia Paraskevi Strovolos, Nicosia, CYP, 2003
Website
https://www.lgcom.net
Logicom Public Ltd is engaged in the distribution of technology products and services. In addition, it is also involved in the provision of integrated information technology networking, telecom, and business software solutions, and the execution of infrastructure projects in the areas of water, power, and gas. The company operates through two segments namely the Distribution segment and the Services segment. The Distribution segment includes the distribution of its technology products in the European, United Arab Emirates, and Saudi Arabia markets. The Services segment operates in the provision of solutions and services for networks and telecommunications, and software to customers in Cyprus and abroad.

Logicom Public (LTS:0F4G) Headlines

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