VACNY (VAT Group AG) Interest Expense : $-6 Mil (TTM As of Dec. 2024)

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What is VAT Group AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. VAT Group AG's interest expense for the six months ended in Dec. 2024 was $ -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-6 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. VAT Group AG's Operating Income for the six months ended in Dec. 2024 was $ 161 Mil. VAT Group AG's Interest Expense for the six months ended in Dec. 2024 was $ -3 Mil. VAT Group AG's Interest Coverage for the quarter that ended in Dec. 2024 was 64.05. 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.

VAT Group AG Interest Expense Historical Data

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

VAT Group AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-4.60

-3.82

-3.84

-6.14

-6.48

VAT Group AG Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial															-1.18	-13.28	7.69	-3.95	-2.51

VAT 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-6 Mil.

VAT Group AG (OTCPK:VACNY) 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.

VAT Group AG's Interest Expense for the six months ended in Dec. 2024 was $-3 Mil. Its Operating Income for the six months ended in Dec. 2024 was $161 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was $268 Mil.

VAT Group AG's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	160.884	/	-2.512
	=	64.05

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

VAT Group AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » VAT Group AG (OTCPK:VACNY) » Definitions » Interest Expense

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VTTGF:USA VACNz:UK 0RFL:UK 19V0:Germany VACN:Switzerland

Address

Seelistrasse 1, Haag, CHE, 9469

Website

https://www.vatvalve.com

VAT Group AG manufactures and sells valves that are used in machines. The company has two segments. The Valves segment which is a developer, manufacturer and supplier of vacuum valves for the semiconductor, displays, photovoltaics and vacuum coating industries as well as for the industrial and research sector. The second segment, Global Service, provides local support to customers and offers spare parts, repairs and upgrades.. The company derives maximum revenue from the Valves segment. The company derives maximum revenue from China.