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Energia Innovacion Y Desarrollo Fotovoltaico (XMAD:EIDF) Interest Expense : €-9.6 Mil (TTM As of Dec. 2023)


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What is Energia Innovacion Y Desarrollo Fotovoltaico Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Energia Innovacion Y Desarrollo Fotovoltaico's interest expense for the six months ended in Dec. 2023 was € -5.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-9.6 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. Energia Innovacion Y Desarrollo Fotovoltaico's Operating Income for the six months ended in Dec. 2023 was € 1.2 Mil. Energia Innovacion Y Desarrollo Fotovoltaico's Interest Expense for the six months ended in Dec. 2023 was € -5.6 Mil. Energia Innovacion Y Desarrollo Fotovoltaico's Interest Coverage for the quarter that ended in Dec. 2023 was 0.22. 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.

Energia Innovacion Y Desarrollo Fotovoltaico Interest Expense Historical Data

The historical data trend for Energia Innovacion Y Desarrollo Fotovoltaico'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.

Energia Innovacion Y Desarrollo Fotovoltaico Interest Expense Chart

Energia Innovacion Y Desarrollo Fotovoltaico Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
-0.25 -0.51 -1.78 -3.51 -9.57

Energia Innovacion Y Desarrollo Fotovoltaico Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial -1.65 -1.70 -1.81 -4.00 -5.57

Energia Innovacion Y Desarrollo Fotovoltaico 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 semi-annually data reported by the company within the most recent 12 months, which was €-9.6 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.

Energia Innovacion Y Desarrollo Fotovoltaico  (XMAD:EIDF) 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.

Energia Innovacion Y Desarrollo Fotovoltaico's Interest Expense for the six months ended in Dec. 2023 was €-5.6 Mil. Its Operating Income for the six months ended in Dec. 2023 was €1.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €12.5 Mil.

Energia Innovacion Y Desarrollo Fotovoltaico'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*1.205/-5.566
=0.22

* 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.

Energia Innovacion Y Desarrollo Fotovoltaico Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Energia Innovacion Y Desarrollo Fotovoltaico SA (XMAD:EIDF) » Definitions » Interest Expense
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Traded in Other Exchanges
F63:Germany
Address
Poligono Industrial Outeda - Curro, No.3, Mud, Pontevedra, ESP, 36692
Website
https://www.eidfsolar.es
Energia Innovacion Y Desarrollo Fotovoltaico SA is a company specialized in photovoltaic solar energy projects. It offers engineering services, energy consulting, and installation of low and medium voltage. It is engaged in self-consumption photovoltaic installations for companies. Some of its projects are Generation park-Pulpi I, Fricosa, Barcia pipes, Peregrin One Garlic among others.

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