Wirecard AG (Wirecard AG) Interest Expense : $-50 Mil (TTM As of Sep. 2019)

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What is Wirecard AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wirecard AG's interest expense for the three months ended in Sep. 2019 was $ -19 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2019 was $-50 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. Wirecard AG's Operating Income for the three months ended in Sep. 2019 was $ 210 Mil. Wirecard AG's Interest Expense for the three months ended in Sep. 2019 was $ -19 Mil. Wirecard AG's Interest Coverage for the quarter that ended in Sep. 2019 was 10.79. 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.

Wirecard AG Interest Expense Historical Data

The historical data trend for Wirecard 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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Wirecard AG Interest Expense Chart

Wirecard AG Annual Data

Trend

Dec09

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Interest Expense

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-5.24

-9.61

-16.77

-24.85

-37.43

Wirecard AG Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Interest Expense	Get a 7-Day Free Trial															-10.74	-8.19	-8.93	-13.56	-19.49

Wirecard 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 Sep. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-50 Mil.

Wirecard AG (OTCPK:WRCDF) 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.

Wirecard AG's Interest Expense for the three months ended in Sep. 2019 was $-19 Mil. Its Operating Income for the three months ended in Sep. 2019 was $210 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2019 was $1,871 Mil.

Wirecard AG's Interest Coverage for the quarter that ended in Sep. 2019 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2019 )	/	Interest Expense (Q: Sep. 2019 )
	=	-1	*	210.352	/	-19.493
	=	10.79

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

Wirecard AG (Wirecard AG) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Wirecard AG (OTCPK:WRCDF) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Einsteinring 35, Aschheim, DEU, 85609

Website

https://www.wirecard.com

Wirecard AG is a Germany-based provider of software solutions to the financial services industry. The firm's operations are organized in three segments: Payment Processing and Risk Management, which offers electronic payment processing services; Acquiring and Issuing, which issues credit cards and statements for payments and transactions; and Call Center and Communication Services, which offers relationship management services to corporate customers. The firm has operations in Europe, the United States, and the Asia-Pacific region.