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Wise Energy (WAR:FMG) Interest Expense : zł-6.0 Mil (TTM As of Sep. 2024)


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What is Wise Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wise Energy's interest expense for the three months ended in Sep. 2024 was zł -2.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was zł-6.0 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. Wise Energy's Operating Income for the three months ended in Sep. 2024 was zł 0.7 Mil. Wise Energy's Interest Expense for the three months ended in Sep. 2024 was zł -2.8 Mil. Wise Energy's Interest Coverage for the quarter that ended in Sep. 2024 was 0.26. 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.


Wise Energy Interest Expense Historical Data

The historical data trend for Wise Energy'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.

Wise Energy Interest Expense Chart

Wise Energy Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.64 -0.71 -0.82 -0.54 -2.60

Wise Energy Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.82 -0.65 -0.82 -1.79 -2.76

Wise Energy 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was zł-6.0 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.


Wise Energy  (WAR:FMG) 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.

Wise Energy's Interest Expense for the three months ended in Sep. 2024 was zł-2.8 Mil. Its Operating Income for the three months ended in Sep. 2024 was zł0.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was zł25.4 Mil.

Wise Energy's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*0.73/-2.762
=0.26

* 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.


Wise Energy Business Description

Traded in Other Exchanges
N/A
Address
Ulica Adama Naruszewicza 27 lok. 101, Warsaw, POL, 02-627
Wise Energy SA, formerly One SA is engaged in the management of companies under management contracts, creating and managing their offer, planning and implementation of strategies, an organization of financing development projects and supervision over ongoing investments. The revenues include management fees, considering the costs of currently implemented projects for supported clients and companies.

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