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Singulus Technologies AG (LTS:0RH3) Interest Expense : €-2.00 Mil (TTM As of Jun. 2024)


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What is Singulus Technologies AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Singulus Technologies AG's interest expense for the six months ended in Jun. 2024 was € -1.10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-2.00 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. Singulus Technologies AG's Operating Income for the six months ended in Jun. 2024 was € 1.20 Mil. Singulus Technologies AG's Interest Expense for the six months ended in Jun. 2024 was € -1.10 Mil. Singulus Technologies AG's Interest Coverage for the quarter that ended in Jun. 2024 was 1.09. 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.


Singulus Technologies AG Interest Expense Historical Data

The historical data trend for Singulus Technologies 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.

Singulus Technologies AG Interest Expense Chart

Singulus Technologies AG 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 -1.50 -1.30 -1.30 -1.10 -1.50

Singulus Technologies AG Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -0.40 -0.70 -0.60 -0.90 -1.10

Singulus Technologies 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 €-2.00 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.


Singulus Technologies AG  (LTS:0RH3) 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.

Singulus Technologies AG's Interest Expense for the six months ended in Jun. 2024 was €-1.10 Mil. Its Operating Income for the six months ended in Jun. 2024 was €1.20 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was €12.00 Mil.

Singulus Technologies 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*1.2/-1.1
=1.09

* 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.


Singulus Technologies AG Business Description

Traded in Other Exchanges
Address
Hanauer Landstrasse 103, Kahl am Main, BY, DEU, D-63796
Singulus Technologies AG is an operating high-tech engineering Company. It focuses its activities on the development, manufacturing, and selling of machines, plants, and systems in the area of vacuum coating technology, surface technology, wet-chemical as well as thermal processing technology. The products and services include machine sales as well as service and replacement part activities. Its product portfolio comprises vacuum thin-film and plasma coating, wet-chemical cleaning, and thermal processing technology. The Company operates through three segments: Life Science, Solar, and Semiconductor. It generates the majority of its revenue from the solar segment. Geographically the company operates in Europe, North and South America, Asia, Africa, and Australia.

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