Sparta AG (STU:SPT6) Interest Expense : €-0.60 Mil (TTM As of Jun. 2024)

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What is Sparta AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sparta AG's interest expense for the six months ended in Jun. 2024 was € -0.16 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-0.60 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. Sparta AG's Operating Income for the six months ended in Jun. 2024 was € Mil. Sparta AG's Interest Expense for the six months ended in Jun. 2024 was € Mil. 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.

Sparta AG Interest Expense Historical Data

The historical data trend for Sparta 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.

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Sparta AG Interest Expense Chart

Sparta AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.11

-0.10

-0.09

-0.32

-0.99

Sparta AG Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	Get a 7-Day Free Trial															-0.04	-0.28	-0.55	-0.44	-0.16

Sparta 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.60 Mil.

Sparta AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Sparta AG (STU:SPT6) » Definitions » Interest Expense

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Traded in Other Exchanges

SPT6:Germany

Address

Brook 1, Hamburg, DEU, 20457

Website

http://www.sparta.de

Sparta AG invests in German and Swiss securities. The firm is publicly owned and provides financial consultancy to public and private companies.

Sparta AG Headlines

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