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Vipo AS (XBRA:1VIP01AE) Interest Expense : €-0.08 Mil (TTM As of Dec. 2023)


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What is Vipo AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vipo AS's interest expense for the six months ended in Dec. 2023 was € -0.05 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-0.08 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. Vipo AS's Operating Income for the six months ended in Dec. 2023 was € 1.40 Mil. Vipo AS's Interest Expense for the six months ended in Dec. 2023 was € -0.05 Mil. Vipo AS's Interest Coverage for the quarter that ended in Dec. 2023 was 29.13. 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.


Vipo AS Interest Expense Historical Data

The historical data trend for Vipo AS'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.

Vipo AS Interest Expense Chart

Vipo AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.03 -0.02 -0.01 -0.03 -0.08

Vipo AS 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -0.01 -0.02 -0.04 -0.05

Vipo AS 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 €-0.08 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.


Vipo AS  (XBRA:1VIP01AE) 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.

Vipo AS's Interest Expense for the six months ended in Dec. 2023 was €-0.05 Mil. Its Operating Income for the six months ended in Dec. 2023 was €1.40 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €0.00 Mil.

Vipo AS'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*1.398/-0.048
=29.13

* 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.


Vipo AS (XBRA:1VIP01AE) Business Description

Traded in Other Exchanges
N/A
Address
Gen Svobodu 1069/4, Partizanske, SVK, 95801
Vipo AS is engaged in research, development and production of Machinery and Electronic systems. The company activities also include chemical research and production with specializing in rubber and adhesive chemistry. Its chemical production focus on hot melt, dispersion and solvent adhesives. The company projects include OP VAI-ARTEC, ON KAHR-SARIO, ON VAV VEGUM, OP KARR-SIEA, ON VAN REINZINIERING.

Vipo AS (XBRA:1VIP01AE) Headlines

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