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Immo Genk Zuid (XBRU:GENK) Interest Expense : €-0.02 Mil (TTM As of May. 2021)


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What is Immo Genk Zuid Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Immo Genk Zuid's interest expense for the six months ended in May. 2021 was € -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in May. 2021 was €-0.02 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. Immo Genk Zuid's Operating Income for the six months ended in May. 2021 was € 1.07 Mil. Immo Genk Zuid's Interest Expense for the six months ended in May. 2021 was € -0.02 Mil. Immo Genk Zuid's Interest Coverage for the quarter that ended in May. 2021 was 50.86. 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.


Immo Genk Zuid Interest Expense Historical Data

The historical data trend for Immo Genk Zuid'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.

Immo Genk Zuid Interest Expense Chart

Immo Genk Zuid Annual Data
Trend Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.09 -0.08 -0.07 -0.09 -0.07

Immo Genk Zuid Semi-Annual Data
May11 Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 May21
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 2.40 -0.03 -0.03 -0.03 -0.02

Immo Genk Zuid 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 May. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.02 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.


Immo Genk Zuid  (XBRU:GENK) 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.

Immo Genk Zuid's Interest Expense for the six months ended in May. 2021 was €-0.02 Mil. Its Operating Income for the six months ended in May. 2021 was €1.07 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in May. 2021 was €1.14 Mil.

Immo Genk Zuid's Interest Coverage for the quarter that ended in May. 2021 is calculated as

Interest Coverage=-1* Operating Income (Q: May. 2021 )/Interest Expense (Q: May. 2021 )
=-1*1.068/-0.021
=50.86

* 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.


Immo Genk Zuid (XBRU:GENK) Business Description

Traded in Other Exchanges
N/A
Address
Avenue du Port 12, Brussels, BEL, 1080
Immo Genk Zuid is engaged in real estate business.