Mazaro NV (XBRU:MLMAZ) Interest Expense : €-0.00 Mil (TTM As of Dec. 2023)

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What is Mazaro NV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mazaro NV's interest expense for the six months ended in Dec. 2023 was € -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-0.00 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. Mazaro NV's Operating Income for the six months ended in Dec. 2023 was € -0.76 Mil. Mazaro NV's Interest Expense for the six months ended in Dec. 2023 was € -0.00 Mil. Mazaro NV 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.

Mazaro NV Interest Expense Historical Data

The historical data trend for Mazaro NV'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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Mazaro NV Interest Expense Chart

Mazaro NV Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.05

-0.01

Mazaro NV Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22	Dec23
Interest Expense	-	-	-0.05	-0.01	-

Mazaro NV 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. 2023 was €-0.00 Mil.

Mazaro NV (XBRU:MLMAZ) 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.

Mazaro NV's Interest Expense for the six months ended in Dec. 2023 was €-0.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was €-0.76 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €55.76 Mil.

Mazaro NV's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Mazaro NV did not have earnings to cover the interest expense.

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

Mazaro NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Mazaro NV (XBRU:MLMAZ) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

Bommelsrede 42, Destelbergen, BEL, 9070

Website

https://www.mazaro.eu

Mazaro NV is specialized in the design and development of transmissions systems. The group offers reversible variable transmissions for motor vehicles such as passenger cars, trucks, buses, off-road vehicles, forklifts, tractors and single-stage variable transmissions for electric vehicles and industrial powertrains. It designs various transmissions that combine exceptionally high internal efficiency with the ability to keep the internal combustion engine or E-engine on its optimal efficiency curve at all times, providing unparalleled energy, emissions and cost savings while optimizing performance and comfort. The benefits of this technology is impressive in trucks, buses, off-highway vehicles, SUVs, lift trucks and tractors both powered by a combustion engine and electric.

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