INVL Baltic Farmland AB (OVSE:INL1L) Interest Expense : €0.00 Mil (TTM As of Dec. 2023)

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What is INVL Baltic Farmland AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. INVL Baltic Farmland AB's interest expense for the six months ended in Dec. 2023 was € 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €0.00 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. INVL Baltic Farmland AB's Operating Income for the six months ended in Dec. 2023 was € 0.19 Mil. INVL Baltic Farmland AB's Interest Expense for the six months ended in Dec. 2023 was € 0.00 Mil. INVL Baltic Farmland AB has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

INVL Baltic Farmland AB Interest Expense Historical Data

The historical data trend for INVL Baltic Farmland AB'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.

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INVL Baltic Farmland AB Interest Expense Chart

INVL Baltic Farmland AB Annual Data

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Interest Expense

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INVL Baltic Farmland AB Semi-Annual Data
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INVL Baltic Farmland AB 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.00 Mil.

INVL Baltic Farmland AB (OVSE:INL1L) 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.

INVL Baltic Farmland AB's Interest Expense for the six months ended in Dec. 2023 was €0.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was €0.19 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €0.00 Mil.

INVL Baltic Farmland AB's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

INVL Baltic Farmland AB had no long-term debt ⁽¹⁾.

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

Good Sign:

INVL Baltic Farmland AB has no debt.

INVL Baltic Farmland AB (OVSE:INL1L) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » INVL Baltic Farmland AB (OVSE:INL1L) » Definitions » Interest Expense

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Address

Gyneju Street 14, Vilnius, LTU, LT-01109

Website

https://www.invlbalticfarmland.lt

INVL Baltic Farmland AB is an investment company. It manages shares of entities investing in agricultural land and provides finance. The company owns agricultural land in Lithuania, which is rented to farmers and agricultural companies. It focuses on the growth of the quality of owned land and environmental sustainability. The company operates in a single segment of Agricultural land. It generates revenue from lease, interest, and other income.

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