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Hypoport AG (WBO:HYQ) Interest Expense : €-3.0 Mil (TTM As of Dec. 2023)


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What is Hypoport AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hypoport AG's interest expense for the three months ended in Dec. 2023 was € -0.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-3.0 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. Hypoport AG's Operating Income for the three months ended in Dec. 2023 was € 14.5 Mil. Hypoport AG's Interest Expense for the three months ended in Dec. 2023 was € -0.9 Mil. Hypoport AG's Interest Coverage for the quarter that ended in Dec. 2023 was 16.99. 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.


Hypoport AG Interest Expense Historical Data

The historical data trend for Hypoport 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.

Hypoport AG Interest Expense Chart

Hypoport AG 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 -2.07 -3.03 -3.58 -3.23 -3.03

Hypoport AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.88 -0.66 -0.77 -0.75 -0.86

Hypoport AG 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-3.0 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.


Hypoport AG  (WBO:HYQ) 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.

Hypoport AG's Interest Expense for the three months ended in Dec. 2023 was €-0.9 Mil. Its Operating Income for the three months ended in Dec. 2023 was €14.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was €153.5 Mil.

Hypoport 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*14.526/-0.855
=16.99

* 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.


Hypoport AG (WBO:HYQ) Business Description

Traded in Other Exchanges
Address
Heidestr 8, Berlin, BB, DEU, 10557
Hypoport AG operates as a technology-based financial service provider in Germany. Business activity of the group is divided into Credit Platform, Private Clients, Real Estate Platform, Insurance Platform, Holding and Reconciliation. It generates maximum revenue from the Credit Platform segment. The Credit Platform segment focuses on financial product distributors and product suppliers. Its Private Clients segment offers mortgage finance, personal loans, insurance, current accounts, and deposit accounts through two distribution channels.

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