Linz Textil Holding AG (WBO:LTH) Interest Expense : €-0.03 Mil (TTM As of Jun. 2024)

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What is Linz Textil Holding AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Linz Textil Holding AG's interest expense for the six months ended in Jun. 2024 was € -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-0.03 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. Linz Textil Holding AG's Operating Income for the six months ended in Jun. 2024 was € 1.00 Mil. Linz Textil Holding AG's Interest Expense for the six months ended in Jun. 2024 was € -0.01 Mil. Linz Textil Holding AG's Interest Coverage for the quarter that ended in Jun. 2024 was 165.83. 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.

Linz Textil Holding AG Interest Expense Historical Data

The historical data trend for Linz Textil Holding 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.

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Linz Textil Holding AG Interest Expense Chart

Linz Textil Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.12

-0.04

-0.03

-0.13

-0.06

Linz Textil Holding AG Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	Get a 7-Day Free Trial															-0.04	-0.09	-0.04	-0.02	-0.01

Linz Textil Holding 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.03 Mil.

Linz Textil Holding AG (WBO:LTH) 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.

Linz Textil Holding AG's Interest Expense for the six months ended in Jun. 2024 was €-0.01 Mil. Its Operating Income for the six months ended in Jun. 2024 was €1.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was €0.00 Mil.

Linz Textil Holding AG's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2024 )	/	Interest Expense (Q: Jun. 2024 )
	=	-1	*	0.995	/	-0.006
	=	165.83

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

Linz Textil Holding AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Linz Textil Holding AG (WBO:LTH) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Wiener Strasse 435, Linz, AUT, A-4030

Website

http://www.linz-textil.com

Linz Textil Holding AG is an Austria based company, engages in the manufacture, and sale of textile products. It operates through the Textile Semis and Finished Textile Products business segments. The Textile Semis segment comprises of the yard and grey fabrics. The Finished Textile Products offers yarns, technical fabrics, home textiles, and clothing fabrics. It offers products in the fields of textile, weaving, technical fabrics, and yarns.