Hydratec Industries NV (XAMS:HYDRA) Interest Expense : €-1.0 Mil (TTM As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Hydratec Industries NV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hydratec Industries NV's interest expense for the six months ended in Dec. 2023 was € -0.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-1.0 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. Hydratec Industries NV's Operating Income for the six months ended in Dec. 2023 was € 16.3 Mil. Hydratec Industries NV's Interest Expense for the six months ended in Dec. 2023 was € -0.5 Mil. Hydratec Industries NV's Interest Coverage for the quarter that ended in Dec. 2023 was 30.94. 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.

Hydratec Industries NV Interest Expense Historical Data

The historical data trend for Hydratec Industries NV'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.

Hydratec Industries NV Interest Expense Chart

Hydratec Industries NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-1.35

-1.77

-1.48

-1.06

-1.27

Hydratec Industries NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.64	-0.71	-0.22	-0.43	-0.53

Hydratec Industries NV 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 semi-annually data reported by the company within the most recent 12 months, which was €-1.0 Mil.

Hydratec Industries NV (XAMS:HYDRA) 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.

Hydratec Industries NV's Interest Expense for the six months ended in Dec. 2023 was €-0.5 Mil. Its Operating Income for the six months ended in Dec. 2023 was €16.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €13.7 Mil.

Hydratec Industries NV'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	*	16.305	/	-0.527
	=	30.94

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

Hydratec Industries NV (XAMS:HYDRA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Hydratec Industries NV (XAMS:HYDRA) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

HYDRAa:UK

Address

Nijverheidsweg Noord 59B, P.O. Box 328, Amersfoort, NLD, 3800 AH

Website

http://www.hydratec.nl

Hydratec Industries NV is an industrial holding company which supplies high-quality industrial systems and components. The business activity of the group includes designing, developing and producing agricultural and food equipment; and plastics-parts and packaging products. It holds strong positions in the global agricultural and food markets; and Benelux and German plastic products and packaging industries. Geographically, the activities are carried out through the Netherlands.

Hydratec Industries NV (XAMS:HYDRA) Headlines

No Headlines