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Voltabox AG (LTS:0RV4) Interest Expense : €-0.14 Mil (TTM As of Sep. 2024)


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What is Voltabox AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Voltabox AG's interest expense for the three months ended in Sep. 2024 was € -0.04 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was €-0.14 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. Voltabox AG's Operating Income for the three months ended in Sep. 2024 was € -0.79 Mil. Voltabox AG's Interest Expense for the three months ended in Sep. 2024 was € -0.04 Mil. Voltabox 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.


Voltabox AG Interest Expense Historical Data

The historical data trend for Voltabox 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.

Voltabox AG Interest Expense Chart

Voltabox 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 -0.22 -0.23 -0.01 -0.07 -0.07

Voltabox AG Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.01 -0.04 -0.02 -0.04 -0.04

Voltabox 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.14 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.


Voltabox AG  (LTS:0RV4) 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.

Voltabox AG's Interest Expense for the three months ended in Sep. 2024 was €-0.04 Mil. Its Operating Income for the three months ended in Sep. 2024 was €-0.79 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was €0.19 Mil.

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

Voltabox 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.


Voltabox AG Business Description

Traded in Other Exchanges
Address
Technologiepark 32, Paderborn, NW, DEU, D-33100
Voltabox AG is a provider of energy generation and storage solutions OEM. private and commercial customers. It is engaged in the development, manufacturing, and distribution of high-performance rechargeable battery systems with integrated battery management systems based on Lithium-Ion technology for a wide range of applications such as in public transportation vehicles, commercial and industrial vehicles as well as intralogistics. The operating segment are Volta mobil and Volta Store.

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