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New Amsterdam Invest NV (XAMS:NAI) Interest Expense : €-2.15 Mil (TTM As of Jun. 2024)


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What is New Amsterdam Invest NV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. New Amsterdam Invest NV's interest expense for the six months ended in Jun. 2024 was € -1.10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-2.15 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. New Amsterdam Invest NV's Operating Income for the six months ended in Jun. 2024 was € 2.41 Mil. New Amsterdam Invest NV's Interest Expense for the six months ended in Jun. 2024 was € -1.10 Mil. New Amsterdam Invest NV's Interest Coverage for the quarter that ended in Jun. 2024 was 2.19. 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.


New Amsterdam Invest NV Interest Expense Historical Data

The historical data trend for New Amsterdam Invest 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.

New Amsterdam Invest NV Interest Expense Chart

New Amsterdam Invest NV Annual Data
Trend Dec21 Dec22 Dec23
Interest Expense
- -0.03 -1.09

New Amsterdam Invest NV Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Interest Expense Get a 7-Day Free Trial -0.14 0.11 - -1.05 -1.10

New Amsterdam Invest 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-2.15 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.


New Amsterdam Invest NV  (XAMS:NAI) 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.

New Amsterdam Invest NV's Interest Expense for the six months ended in Jun. 2024 was €-1.10 Mil. Its Operating Income for the six months ended in Jun. 2024 was €2.41 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was €36.24 Mil.

New Amsterdam Invest NV'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*2.412/-1.099
=2.19

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. New Amsterdam Invest NV interest coverage is 1.87, which is low.


New Amsterdam Invest NV Business Description

Traded in Other Exchanges
Address
Herengracht 280, Amsterdam, NLD, 1016 BX
New Amsterdam Invest NV is a commercial real estate company. Its main objective is running commercial activities including owning, (re-)developing, acquiring, divesting, maintaining, letting out, and otherwise operating commercial real estate.

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