Simac Techniek (XAMS:SIMAC) Interest Expense : €-0.1 Mil (TTM As of Dec. 2014)

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What is Simac Techniek Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Simac Techniek's interest expense for the six months ended in Dec. 2014 was € -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2014 was €-0.1 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. Simac Techniek's Operating Income for the six months ended in Dec. 2014 was € 1.4 Mil. Simac Techniek's Interest Expense for the six months ended in Dec. 2014 was € -0.1 Mil. Simac Techniek's Interest Coverage for the quarter that ended in Dec. 2014 was 10.16. 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.

Simac Techniek Interest Expense Historical Data

The historical data trend for Simac Techniek'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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Simac Techniek Interest Expense Chart

Simac Techniek Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Interest Expense

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-0.42

-0.22

-0.06

-0.11

-0.13

Simac Techniek Semi-Annual Data
	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14
Interest Expense	Get a 7-Day Free Trial					-0.42	-0.22	-0.06	-0.11	-0.13

Simac Techniek Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2014 was €-0.1 Mil.

Simac Techniek (XAMS:SIMAC) 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.

Simac Techniek's Interest Expense for the six months ended in Dec. 2014 was €-0.1 Mil. Its Operating Income for the six months ended in Dec. 2014 was €1.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2014 was €0.1 Mil.

Simac Techniek's Interest Coverage for the quarter that ended in Dec. 2014 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2014 )	/	Interest Expense (Q: Dec. 2014 )
	=	-1	*	1.362	/	-0.134
	=	10.16

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

Simac Techniek (XAMS:SIMAC) Business Description

Industry

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Address

Website

http://www.simac.com

Simac Techniek is an IT services company. It designs, implements & manages communication & IT infrastructure, Designs & delivers sector-specific applications & Supplies products, projects & services in the field of industrial electronics & automation.

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