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Progres AD (XBLB:PRGS-R-A) Interest Expense : BAM-0.58 Mil (TTM As of Dec. 2024)


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What is Progres AD Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Progres AD's interest expense for the six months ended in Dec. 2024 was BAM -0.58 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was BAM-0.58 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. Progres AD's Operating Income for the six months ended in Dec. 2024 was BAM -1.46 Mil. Progres AD's Interest Expense for the six months ended in Dec. 2024 was BAM -0.58 Mil. Progres AD did not have earnings to cover the interest expense. 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.


Progres AD Interest Expense Historical Data

The historical data trend for Progres AD'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.

Progres AD Interest Expense Chart

Progres AD Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
- - -0.73 -0.58 -0.58

Progres AD Semi-Annual Data
Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense - - -0.73 -0.58 -0.58

Progres AD 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. 2024 was BAM-0.58 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.


Progres AD  (XBLB:PRGS-R-A) 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.

Progres AD's Interest Expense for the six months ended in Dec. 2024 was BAM-0.58 Mil. Its Operating Income for the six months ended in Dec. 2024 was BAM-1.46 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was BAM0.00 Mil.

Progres AD's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Progres AD did not have earnings to cover the interest expense.

* 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.


Progres AD Business Description

Traded in Other Exchanges
N/A
Address
Ulica Zmaj Jovina number 8-10, Belgrade, SRB, 71000
Progres AD provides psycho-social support for children, youth and adults on the territory of Bosnia and Herzegovina.

Progres AD Headlines

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