GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Sinergon Holding AD (XBUL:SNRG) » Definitions » Interest Expense

Sinergon Holding AD (XBUL:SNRG) Interest Expense : лв-0.6 Mil (TTM As of Jun. 2024)


View and export this data going back to 1998. Start your Free Trial

What is Sinergon Holding AD Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sinergon Holding AD's interest expense for the six months ended in Jun. 2024 was лв -0.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was лв-0.6 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. Sinergon Holding AD's Operating Income for the six months ended in Jun. 2024 was лв -3.1 Mil. Sinergon Holding AD's Interest Expense for the six months ended in Jun. 2024 was лв -0.6 Mil. Sinergon Holding AD 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.


Sinergon Holding AD Interest Expense Historical Data

The historical data trend for Sinergon Holding 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.

* Premium members only.

Sinergon Holding AD Interest Expense Chart

Sinergon Holding AD Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.39 -1.88 -1.07 -0.83 -1.05

Sinergon Holding AD Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23 Jun24
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 -3.51 2.46 -3.74 -2.00 -0.61

Sinergon Holding 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was лв-0.6 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.


Sinergon Holding AD  (XBUL:SNRG) 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.

Sinergon Holding AD's Interest Expense for the six months ended in Jun. 2024 was лв-0.6 Mil. Its Operating Income for the six months ended in Jun. 2024 was лв-3.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was лв8.9 Mil.

Sinergon Holding AD's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Sinergon Holding AD did not have earnings to cover the interest expense.

* 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.


Sinergon Holding AD Business Description

Traded in Other Exchanges
N/A
Address
2 Solunska Street, Sofia, BGR, 1000
Sinergon Holding AD is engaged in acquisition, management, valuation and sales of stake, patents and bonds in Bulgaria and internationally. The company is also engaged in providing tourist services, hotel and restaurant services.

Sinergon Holding AD Headlines

From GuruFocus