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Deutsche Rohstoff AG (LTS:0W2J) Interest Expense : €-14.0 Mil (TTM As of Sep. 2024)


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What is Deutsche Rohstoff AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Deutsche Rohstoff AG's interest expense for the three months ended in Sep. 2024 was € -3.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was €-14.0 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. Deutsche Rohstoff AG's Operating Income for the three months ended in Sep. 2024 was € 17.3 Mil. Deutsche Rohstoff AG's Interest Expense for the three months ended in Sep. 2024 was € -3.6 Mil. Deutsche Rohstoff AG's Interest Coverage for the quarter that ended in Sep. 2024 was 4.88. 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.

Deutsche Rohstoff AG Interest Expense Historical Data

The historical data trend for Deutsche Rohstoff 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.

Deutsche Rohstoff AG Interest Expense Chart

Deutsche Rohstoff 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 -7.42 -7.10 -6.28 -6.88 -9.72

Deutsche Rohstoff 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 -2.24 -4.01 -3.27 -3.22 -3.55

Deutsche Rohstoff 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 €-14.0 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.

Deutsche Rohstoff AG  (LTS:0W2J) 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.

Deutsche Rohstoff AG's Interest Expense for the three months ended in Sep. 2024 was €-3.6 Mil. Its Operating Income for the three months ended in Sep. 2024 was €17.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was €174.2 Mil.

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

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*17.33/-3.553
=4.88

* 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.

Deutsche Rohstoff AG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Deutsche Rohstoff AG (LTS:0W2J) » Definitions » Interest Expense
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Traded in Other Exchanges
1DR:Italy DR0:Germany
Address
Q7, 24, Mannheim, BW, DEU, 68161
Website
https://rohstoff.de
Deutsche Rohstoff AG is a company that operates in the oil and gas production industry. It is also involved in mining ventures and develops its own metal deposits, with a particular focus on precious and special metals. The company has operations in various regions around the globe, including the United States, Australia, Western Europe, Canada, and Brazil. The Group primarily generates its revenue from producing crude oil and natural gas in the USA. Aside from revenue generated from the production of raw materials and associated rights such as royalties, the company's business model also includes the acquisition, development, and sale of raw material projects. It has several projects, including Cub Creek Energy, Elster Oil and Gas, Bright Rock Energy, Salt Creek Oil and Gas, and others.

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