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Lena Lighting (WAR:LEN) Interest Expense : zł-0.2 Mil (TTM As of Sep. 2024)


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What is Lena Lighting Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lena Lighting's interest expense for the three months ended in Sep. 2024 was zł -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was zł-0.2 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. Lena Lighting's Operating Income for the three months ended in Sep. 2024 was zł 1.4 Mil. Lena Lighting's Interest Expense for the three months ended in Sep. 2024 was zł -0.1 Mil. Lena Lighting's Interest Coverage for the quarter that ended in Sep. 2024 was 23.17. 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.


Lena Lighting Interest Expense Historical Data

The historical data trend for Lena Lighting'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.

Lena Lighting Interest Expense Chart

Lena Lighting Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.02 -0.09 -0.78 -0.32

Lena Lighting Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 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 -0.09 -0.06 -0.02 -0.02 -0.06

Lena Lighting 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-0.2 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.


Lena Lighting  (WAR:LEN) 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.

Lena Lighting's Interest Expense for the three months ended in Sep. 2024 was zł-0.1 Mil. Its Operating Income for the three months ended in Sep. 2024 was zł1.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was zł0.0 Mil.

Lena Lighting'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*1.39/-0.06
=23.17

* 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.


Lena Lighting Business Description

Traded in Other Exchanges
N/A
Address
ul. Kornicka 52, Sroda Wielkopolska, POL, 63-000
Lena Lighting SA is a Poland based producer of professional, investment light fittings. Its products include surface-mounted wall and ceiling fitting for use with fluorescent tubes; one-sided and double-sided evacuation lighting fittings.