Serrano 61 Desarrollo Socimi (XMAD:YSRR) Interest Expense : €-2.04 Mil (TTM As of Jun. 2024)

Serrano 61 Desarrollo Socimi Interest Expense Chart

Serrano 61 Desarrollo Socimi Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	Get a 7-Day Free Trial										-0.33	-0.46	-0.80	-1.01	-1.03

Serrano 61 Desarrollo Socimi 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 €-2.04 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.

Serrano 61 Desarrollo Socimi  (XMAD:YSRR) 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.

Serrano 61 Desarrollo Socimi's Interest Expense for the six months ended in Jun. 2024 was €-1.03 Mil. Its Operating Income for the six months ended in Jun. 2024 was €0.08 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was €4.11 Mil.

Serrano 61 Desarrollo Socimi's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Serrano 61 Desarrollo Socimi SAs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Serrano 61 Desarrollo Socimi Business Description