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Bastide Le Confort Medical (XPAR:BLC) Interest Expense : €-16.6 Mil (TTM As of Jun. 2023)


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What is Bastide Le Confort Medical Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bastide Le Confort Medical's interest expense for the six months ended in Jun. 2023 was € -9.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was €-16.6 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. Bastide Le Confort Medical's Operating Income for the six months ended in Jun. 2023 was € 22.3 Mil. Bastide Le Confort Medical's Interest Expense for the six months ended in Jun. 2023 was € -9.4 Mil. Bastide Le Confort Medical's Interest Coverage for the quarter that ended in Jun. 2023 was 2.39. 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.


Bastide Le Confort Medical Interest Expense Historical Data

The historical data trend for Bastide Le Confort Medical'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.

Bastide Le Confort Medical Interest Expense Chart

Bastide Le Confort Medical Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.44 -7.86 -8.91 -10.20 -16.59

Bastide Le Confort Medical Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.53 -5.22 -4.98 -7.24 -9.35

Bastide Le Confort Medical 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-16.6 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.


Bastide Le Confort Medical  (XPAR:BLC) 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.

Bastide Le Confort Medical's Interest Expense for the six months ended in Jun. 2023 was €-9.4 Mil. Its Operating Income for the six months ended in Jun. 2023 was €22.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was €335.1 Mil.

Bastide Le Confort Medical's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2023 )/Interest Expense (Q: Jun. 2023 )
=-1*22.324/-9.354
=2.39

* 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. Bastide Le Confort Medical SA interest coverage is 2.41, which is low.


Bastide Le Confort Medical (XPAR:BLC) Business Description

Traded in Other Exchanges
Address
12, Avenue de la Dame, Caissargues, FRA, 30132
Bastide Le Confort Medical SA is a France-based company that is engaged in the sale and rental of medical supplies and equipment for the home care of the elderly, sick and disabled. The company provides care equipment, such as hospital beds, personal assistance products, nutrition, insulin pumps, and syringe-drivers.

Bastide Le Confort Medical (XPAR:BLC) Headlines

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