Compania Espanola de Viviendas en Alquiler (XMAD:CEV) Interest Expense : €-2.51 Mil (TTM As of Jun. 2024)

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What is Compania Espanola de Viviendas en Alquiler Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Compania Espanola de Viviendas en Alquiler's interest expense for the six months ended in Jun. 2024 was € -1.43 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-2.51 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. Compania Espanola de Viviendas en Alquiler's Operating Income for the six months ended in Jun. 2024 was € 16.93 Mil. Compania Espanola de Viviendas en Alquiler's Interest Expense for the six months ended in Jun. 2024 was € -1.43 Mil. Compania Espanola de Viviendas en Alquiler's Interest Coverage for the quarter that ended in Jun. 2024 was 11.87. 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.

Compania Espanola de Viviendas en Alquiler Interest Expense Historical Data

The historical data trend for Compania Espanola de Viviendas en Alquiler'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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Compania Espanola de Viviendas en Alquiler Interest Expense Chart

Compania Espanola de Viviendas en Alquiler Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-1.66

-1.44

-1.34

-1.43

-2.01

Compania Espanola de Viviendas en Alquiler Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	Get a 7-Day Free Trial															-0.66	-0.77	-0.93	-1.08	-1.43

Compania Espanola de Viviendas en Alquiler 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 €-2.51 Mil.

Compania Espanola de Viviendas en Alquiler (XMAD:CEV) 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.

Compania Espanola de Viviendas en Alquiler's Interest Expense for the six months ended in Jun. 2024 was €-1.43 Mil. Its Operating Income for the six months ended in Jun. 2024 was €16.93 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was €66.11 Mil.

Compania Espanola de Viviendas en Alquiler's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2024 )	/	Interest Expense (Q: Jun. 2024 )
	=	-1	*	16.93	/	-1.426
	=	11.87

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

Compania Espanola de Viviendas en Alquiler Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Compania Espanola de Viviendas en Alquiler SA (XMAD:CEV) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Avda. Meridiana, 350, 6th floor, Barcelona, ESP, 08027

Website

http://www.cevasa.com

Compania Espanola de Viviendas en Alquiler SA operates in the real estate sector, and its main objective is to develop equity investments in social housing. The company is engaged in the development and management of residential and non-residential properties. Its property portfolio consists of housing units, commercial and industrial properties.