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EuroTeleSites AG (WBO:ETS) Interest Expense : € Mil (TTM As of Dec. 2023)


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What is EuroTeleSites AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. EuroTeleSites AG's interest expense for the three months ended in Dec. 2023 was € -20.40 Mil. EuroTeleSites AG does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2023.

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. EuroTeleSites AG's Operating Income for the three months ended in Dec. 2023 was € 30.46 Mil. EuroTeleSites AG's Interest Expense for the three months ended in Dec. 2023 was € -20.40 Mil. EuroTeleSites AG's Interest Coverage for the quarter that ended in Dec. 2023 was 1.49. 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.


EuroTeleSites AG Interest Expense Historical Data

The historical data trend for EuroTeleSites 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.

* Premium members only.

EuroTeleSites AG Interest Expense Chart

EuroTeleSites AG Annual Data
Trend Dec23
Interest Expense
-

EuroTeleSites AG Quarterly Data
Dec23
Interest Expense -20.40

EuroTeleSites AG Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.


EuroTeleSites AG  (WBO:ETS) 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.

EuroTeleSites AG's Interest Expense for the three months ended in Dec. 2023 was €-20.40 Mil. Its Operating Income for the three months ended in Dec. 2023 was €30.46 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was €1,331.87 Mil.

EuroTeleSites AG's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*30.458/-20.404
=1.49

* 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.


EuroTeleSites AG (WBO:ETS) Business Description

Traded in Other Exchanges
Address
Lassallestrasse 9, Vienna, AUT, 1020
EuroTeleSites AG is a company which operates through its subsidiary A1 Telekom Austria AG it is mainly in the business of providing communications and telecom tower. It has products and services in the areas of voice telephony, broadband Internet, mobile and home entertainment as well as smart home, data and IT solutions, wholesale, payment solutions and digital services.
Executives
Lars Mosdorf Board of Directors
Ivo Ivanovski Board of Directors

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