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MGI Digital Graphic Technology (STU:2EI) Interest Expense : €-0.22 Mil (TTM As of Dec. 2023)


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What is MGI Digital Graphic Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MGI Digital Graphic Technology's interest expense for the six months ended in Dec. 2023 was € -0.22 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-0.22 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. MGI Digital Graphic Technology's Operating Income for the six months ended in Dec. 2023 was € 7.05 Mil. MGI Digital Graphic Technology's Interest Expense for the six months ended in Dec. 2023 was € -0.22 Mil. MGI Digital Graphic Technology's Interest Coverage for the quarter that ended in Dec. 2023 was 32.79. 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.


MGI Digital Graphic Technology Interest Expense Historical Data

The historical data trend for MGI Digital Graphic Technology'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.

MGI Digital Graphic Technology Interest Expense Chart

MGI Digital Graphic Technology 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 -0.23 -0.20 -0.34 -0.19 -0.02

MGI Digital Graphic Technology Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -0.12 - -0.30 - -0.22

MGI Digital Graphic Technology 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 €-0.22 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.


MGI Digital Graphic Technology  (STU:2EI) 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.

MGI Digital Graphic Technology's Interest Expense for the six months ended in Dec. 2023 was €-0.22 Mil. Its Operating Income for the six months ended in Dec. 2023 was €7.05 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €9.50 Mil.

MGI Digital Graphic Technology's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*7.049/-0.215
=32.79

* 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.


MGI Digital Graphic Technology (STU:2EI) Business Description

Traded in Other Exchanges
Address
4, rue de la Meridienn, Fresnes, FRA, 94260
MGI Digital Graphic Technology SA is a France-based company engaged in designing, manufacturing, and selling digital printing and finishing equipment for the graphics industry. The company offers digital printing and finishing equipment in the areas of inkjet technology, digital printing, spot UV coating, embossed hot foiling, adhesive labels, digital finishing, plastic card production, envelope solutions, and turnkey paper solutions.

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