Minutor Energia (WAR:MTE) Interest Expense : zł0.00 Mil (TTM As of Sep. 2023)

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What is Minutor Energia Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Minutor Energia's interest expense for the three months ended in Sep. 2023 was zł 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was zł0.00 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. Minutor Energia's Operating Income for the three months ended in Sep. 2023 was zł -0.45 Mil. Minutor Energia's Interest Expense for the three months ended in Sep. 2023 was zł 0.00 Mil. Minutor Energia has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Minutor Energia Interest Expense Historical Data

The historical data trend for Minutor Energia'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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Minutor Energia Interest Expense Chart

Minutor Energia Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Interest Expense

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-0.02

-0.01

-0.02

Minutor Energia Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial															-	-0.01	-	-	-

Minutor Energia 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was zł0.00 Mil.

Minutor Energia (WAR:MTE) 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.

Minutor Energia's Interest Expense for the three months ended in Sep. 2023 was zł0.00 Mil. Its Operating Income for the three months ended in Sep. 2023 was zł-0.45 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was zł0.00 Mil.

Minutor Energia's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Minutor Energia had no long-term debt ⁽¹⁾.

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

Good Sign:

Minutor Energia SA has no debt.

Minutor Energia (WAR:MTE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Minutor Energia SA (WAR:MTE) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

ul. Miko?owska 26 / 1A, Myslowice, POL, 41-400

Website

https://www.minutor-energia.pl

Minutor Energia SA is engaged in the construction of renewable energy sources so that they can supply your homes and companies with green electricity and heat. The company's services include Photovoltaics for the home, Photovoltaics for business, Photovoltaics for the farmer, Solar farms, Heat pumps and Energy storage.

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