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Axon Partners Group (XMAD:APG) Interest Expense : € Mil (TTM As of Dec. 2022)


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What is Axon Partners Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Axon Partners Group's interest expense for the six months ended in Dec. 2022 was € -0.05 Mil. Axon Partners Group does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2022.

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. Axon Partners Group's Operating Income for the six months ended in Dec. 2022 was € 5.00 Mil. Axon Partners Group's Interest Expense for the six months ended in Dec. 2022 was € -0.05 Mil. Axon Partners Group's Interest Coverage for the quarter that ended in Dec. 2022 was 101.96. 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.


Axon Partners Group Interest Expense Historical Data

The historical data trend for Axon Partners Group'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.

Axon Partners Group Interest Expense Chart

Axon Partners Group Annual Data
Trend Dec20 Dec21 Dec22
Interest Expense
-0.06 -0.06 -0.05

Axon Partners Group Semi-Annual Data
Dec20 Dec21 Dec22
Interest Expense -0.06 -0.06 -0.05

Axon Partners Group Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.


Axon Partners Group  (XMAD:APG) 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.

Axon Partners Group's Interest Expense for the six months ended in Dec. 2022 was €-0.05 Mil. Its Operating Income for the six months ended in Dec. 2022 was €5.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2022 was €0.27 Mil.

Axon Partners Group's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2022 )/Interest Expense (Q: Dec. 2022 )
=-1*4.996/-0.049
=101.96

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Axon Partners Group SA has enough cash to cover all of its debt. Its financial situation is stable.


Axon Partners Group (XMAD:APG) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Calle Sagasta 18, 3rd Floor, Madrid, ESP, 28004
Axon Partners Group SA is an investment and consulting firm. It offers advisory services in the area of Cybersecurity, Digital Platforms, Cloud, Fog & Edge Computing, AI & Big Data, Cleantech, and Sustainability, among others. It also investment strategies consisting Direct Investment, Fund of Funds, Corporate Venture Capital, and Special Opportunities.

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