Arundel AG (LTS:0QLV) Interest Expense : CHF-3.93 Mil (TTM As of Jun. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Arundel AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Arundel AG's interest expense for the six months ended in Jun. 2024 was CHF -1.91 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was CHF-3.93 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. Arundel AG's Operating Income for the six months ended in Jun. 2024 was CHF 1.97 Mil. Arundel AG's Interest Expense for the six months ended in Jun. 2024 was CHF -1.91 Mil. Arundel AG's Interest Coverage for the quarter that ended in Jun. 2024 was 1.03. 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.

Arundel AG Interest Expense Historical Data

The historical data trend for Arundel 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.

Arundel AG Interest Expense Chart

Arundel AG Annual Data

Trend

Dec12

Mar15

Mar16

Mar17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-6.37

-3.94

-4.63

-4.84

-4.26

Arundel AG Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	Get a 7-Day Free Trial															-2.41	-2.52	-2.32	-2.03	-1.91

Arundel 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was CHF-3.93 Mil.

Arundel AG (LTS:0QLV) 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.

Arundel AG's Interest Expense for the six months ended in Jun. 2024 was CHF-1.91 Mil. Its Operating Income for the six months ended in Jun. 2024 was CHF1.97 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was CHF77.96 Mil.

Arundel AG's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2024 )	/	Interest Expense (Q: Jun. 2024 )
	=	-1	*	1.973	/	-1.907
	=	1.03

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Arundel AGs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Arundel AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Arundel AG (LTS:0QLV) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gotthardstrasse 21, Zurich, CHE, CH-8002

Website

https://www.arundel-ag.com

Arundel AG is a property investment company. The company's operating segments include Investment in Development Land; Investment Advisory; and Investment in Government Tenanted Property. It generates maximum revenue from the Investment in the Government Tenanted Property segment. The company generates a majority of its revenue in the form of rental income from leasing its investment property in Leipzig to the State of Saxony, and the rest in the form of advisory fees for providing administrative and unregulated advisory services to customers with a focus on investments in the United States and Europe.

Arundel AG Headlines

No Headlines