Tecan Group AG (STU:TEN) Interest Expense : €-1 Mil (TTM As of Dec. 2023)

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What is Tecan Group AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tecan Group AG's interest expense for the six months ended in Dec. 2023 was € -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-1 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. Tecan Group AG's Operating Income for the six months ended in Dec. 2023 was € 77 Mil. Tecan Group AG's Interest Expense for the six months ended in Dec. 2023 was € -1 Mil. Tecan Group AG's Interest Coverage for the quarter that ended in Dec. 2023 was 87.04. 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.

Tecan Group AG Interest Expense Historical Data

The historical data trend for Tecan Group 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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Tecan Group AG Interest Expense Chart

Tecan Group AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-1.21

-1.02

-4.02

-1.50

-1.41

Tecan Group AG 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															-2.15	-0.92	-0.54	-0.51	-0.89

Tecan Group 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-1 Mil.

Tecan Group AG (STU:TEN) 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.

Tecan Group AG's Interest Expense for the six months ended in Dec. 2023 was €-1 Mil. Its Operating Income for the six months ended in Dec. 2023 was €77 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €322 Mil.

Tecan Group AG'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	*	77.292	/	-0.888
	=	87.04

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

Tecan Group AG (STU:TEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Tecan Group AG (STU:TEN) » Definitions » Interest Expense

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Traded in Other Exchanges

TCGGY:USA TCHBF:USA TECNz:UK TECN:Switzerland

Address

Seestrasse 103, Mannedorf, CHE, 8708

Website

https://www.tecan.com

Tecan Group AG sells automated laboratory instruments and solutions for the diagnostics and life science research markets. The firm operates in two segments; Life Sciences Business (end-customer business) segment supplies end users with automated workflow solutions directly. These solutions include laboratory instruments, software packages, application know-how, services, consumables, and spare parts, and Partnering Business (OEM business) segment develops and manufactures OEM instruments and components that are distributed by partner companies under their own names. A majority proportion of Tecan's revenue is generated in the Americas and Europe.