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ELQ Spolka Akcyjna (WAR:ELQ) Interest Expense : zł-0.38 Mil (TTM As of Mar. 2024)


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What is ELQ Spolka Akcyjna Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ELQ Spolka Akcyjna's interest expense for the three months ended in Mar. 2024 was zł -0.10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was zł-0.38 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. ELQ Spolka Akcyjna's Operating Income for the three months ended in Mar. 2024 was zł 1.40 Mil. ELQ Spolka Akcyjna's Interest Expense for the three months ended in Mar. 2024 was zł -0.10 Mil. ELQ Spolka Akcyjna's Interest Coverage for the quarter that ended in Mar. 2024 was 14.77. 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.


ELQ Spolka Akcyjna Interest Expense Historical Data

The historical data trend for ELQ Spolka Akcyjna'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.

ELQ Spolka Akcyjna Interest Expense Chart

ELQ Spolka Akcyjna Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.46 -0.30 -0.39 -0.04 -0.03

ELQ Spolka Akcyjna Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 0.24 -0.11 -0.14 -0.15 -0.10

ELQ Spolka Akcyjna 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was zł-0.38 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.


ELQ Spolka Akcyjna  (WAR:ELQ) 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.

ELQ Spolka Akcyjna's Interest Expense for the three months ended in Mar. 2024 was zł-0.10 Mil. Its Operating Income for the three months ended in Mar. 2024 was zł1.40 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was zł0.00 Mil.

ELQ Spolka Akcyjna's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*1.403/-0.095
=14.77

* 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.


ELQ Spolka Akcyjna (WAR:ELQ) Business Description

Traded in Other Exchanges
Address
ulica Jagiellonska 81/83, Czestochowa, POL, 42-200
ELQ Spolka Akcyjna manufactures prefabricated transformer stations MV / LV Cabinet of concrete and metal. The company supplies, installs and commissions power devices in the area of the secondary distribution of electricity. Its products include SN switchboard Ma20, ELQUSIM station 20/630 Mkb, SOLAR station IG 20/1000, station SOLAR IP 20/630 and station 20/250.

ELQ Spolka Akcyjna (WAR:ELQ) Headlines

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