Candela Invest (XBRU:CAND) Interest Expense : €-0.06 Mil (TTM As of Jun. 2023)

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What is Candela Invest Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Candela Invest's interest expense for the six months ended in Jun. 2023 was € -0.08 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was €-0.06 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. Candela Invest's Operating Income for the six months ended in Jun. 2023 was € 0.05 Mil. Candela Invest's Interest Expense for the six months ended in Jun. 2023 was € -0.08 Mil. Candela Invest's Interest Coverage for the quarter that ended in Jun. 2023 was 0.62. 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.

Candela Invest Interest Expense Historical Data

The historical data trend for Candela Invest'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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Candela Invest Interest Expense Chart

Candela Invest Annual Data

Trend

Jul10

Jul11

Jul12

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-0.04

-0.44

-0.11

Candela Invest Semi-Annual Data
	Jan10	Jul10	Jan11	Jul11	Jan12	Jul12	Jan13	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Interest Expense	Get a 7-Day Free Trial															-0.01	-0.10	-0.02	0.02	-0.08

Candela Invest 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.06 Mil.

Candela Invest (XBRU:CAND) 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.

Candela Invest's Interest Expense for the six months ended in Jun. 2023 was €-0.08 Mil. Its Operating Income for the six months ended in Jun. 2023 was €0.05 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was €5.00 Mil.

Candela Invest's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2023 )	/	Interest Expense (Q: Jun. 2023 )
	=	-1	*	0.047	/	-0.076
	=	0.62

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

Candela Invest (XBRU:CAND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Candela Invest SA (XBRU:CAND) » Definitions » Interest Expense

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Address

The Crescent, Lenniksebaan 451 bus 32, Anderlecht, Bruxelles, BEL, 1070

Website

http://www.candelainvest.com

Candela Invest SA is a sector fund company that focuses on the acquisition of industrial lighting sector and production of waterproof luminaires. Its main objective is the acquisition, active management and disposal of potential.

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