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Exchangeome (STU:0ON) Interest Expense : €-88 Mil (TTM As of Jun. 2024)


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What is Exchangeome Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Exchangeome's interest expense for the three months ended in Jun. 2024 was € -23 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-88 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. Exchangeome's Operating Income for the three months ended in Jun. 2024 was € 54 Mil. Exchangeome's Interest Expense for the three months ended in Jun. 2024 was € -23 Mil. Exchangeome's Interest Coverage for the quarter that ended in Jun. 2024 was 2.37. 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.


Exchangeome Interest Expense Historical Data

The historical data trend for Exchangeome'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.

Exchangeome Interest Expense Chart

Exchangeome 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 -39.99 -32.69 -36.09 -54.49 -81.88

Exchangeome Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 -20.77 -21.70 -21.35 -21.61 -22.88

Exchangeome 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 quarterly data reported by the company within the most recent 12 months, which was €-88 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.


Exchangeome  (STU:0ON) 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.

Exchangeome's Interest Expense for the three months ended in Jun. 2024 was €-23 Mil. Its Operating Income for the three months ended in Jun. 2024 was €54 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was €1,377 Mil.

Exchangeome'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*54.199/-22.878
=2.37

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Exchange Income Corp interest coverage is 2.27, which is low.


Exchangeome Business Description

Traded in Other Exchanges
Address
101-990 Lorimer Boulevard, Winnipeg, MB, CAN, R3P 0Z9
Exchange Income Corp is a diversified, acquisition-oriented corporation focused on opportunities in two sectors, aerospace, aviation services and equipment, and manufacturing. The business plan of the corporation is to invest in profitable, well-established companies with cash flows operating in niche markets. Its Aerospace and Aviation segment is a key revenue driver, recognizes revenue from the provision of Aftermarket parts sales, Aircraft and engine sales, Aircraft and engine lease revenue, Surveillance and aircraft modification services, Software development and sales of software licenses, Charter, passenger flight, medevac, and cargo services. The Manufacturing segment recognizes revenue from the sales of manufacturing products and services.

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