Emka Ad (XBUL:EMKA) Interest Expense : лв-0.1 Mil (TTM As of Dec. 2023)

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What is Emka Ad Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Emka Ad's interest expense for the three months ended in Dec. 2023 was лв -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was лв-0.1 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. Emka Ad's Operating Income for the three months ended in Dec. 2023 was лв 1.8 Mil. Emka Ad's Interest Expense for the three months ended in Dec. 2023 was лв -0.1 Mil. Emka Ad's Interest Coverage for the quarter that ended in Dec. 2023 was 17.92. 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.

Emka Ad Interest Expense Historical Data

The historical data trend for Emka 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.

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Emka Ad Interest Expense Chart

Emka Ad Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.02

-0.06

-0.01

Emka Ad Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.02	-0.01	-	-	-0.10

Emka Ad 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 quarterly data reported by the company within the most recent 12 months, which was лв-0.1 Mil.

Emka Ad (XBUL:EMKA) 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.

Emka Ad's Interest Expense for the three months ended in Dec. 2023 was лв-0.1 Mil. Its Operating Income for the three months ended in Dec. 2023 was лв1.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was лв0.0 Mil.

Emka Ad'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	*	1.828	/	-0.102
	=	17.92

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

Good Sign:

Emka Ad has no debt.

Emka Ad (XBUL:EMKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Emka Ad (XBUL:EMKA) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

Street Bacho Kiro No. 8, Sofia, BGR, 1000

Website

http://www.emka-bg.com

Emka Ad is engaged in the production of wires and cables. The company manufactures non-halogen and polyurethane cables. The product portfolio includes insulated wires, cables, flexible cords, non-insulated wires, winding wires, among others.

Emka Ad (XBUL:EMKA) Headlines

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