Axon Partners Group (XMAD:APG) Interest Expense : €-0.04 Mil (TTM As of Dec. 2023)

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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. 2023 was € -0.04 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-0.04 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. Axon Partners Group's Operating Income for the six months ended in Dec. 2023 was € 5.68 Mil. Axon Partners Group's Interest Expense for the six months ended in Dec. 2023 was € -0.04 Mil. Axon Partners Group's Interest Coverage for the quarter that ended in Dec. 2023 was 132.12. 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.

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Axon Partners Group Interest Expense Chart

Axon Partners Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.06

-0.05

-0.04

Axon Partners Group Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Interest Expense	-0.06	-0.06	-0.05	-0.04

Axon Partners Group 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 €-0.04 Mil.

Axon Partners Group (XMAD:APG) 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.

Axon Partners Group's Interest Expense for the six months ended in Dec. 2023 was €-0.04 Mil. Its Operating Income for the six months ended in Dec. 2023 was €5.68 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €0.08 Mil.

Axon Partners Group'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	*	5.681	/	-0.043
	=	132.12

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 Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Axon Partners Group SA (XMAD:APG) » Definitions » Interest Expense

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Traded in Other Exchanges

XE1:Germany

Address

Calle Sagasta 18, 3rd Floor, Madrid, ESP, 28004

Website

https://www.axonpartnersgroup.com

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.