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Eurosic (XPAR:ERSC) Interest Expense : €-58.5 Mil (TTM As of Jun. 2017)


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What is Eurosic Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Eurosic's interest expense for the six months ended in Jun. 2017 was € -33.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2017 was €-58.5 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. Eurosic's Operating Income for the six months ended in Jun. 2017 was € 408.1 Mil. Eurosic's Interest Expense for the six months ended in Jun. 2017 was € -33.5 Mil. Eurosic's Interest Coverage for the quarter that ended in Jun. 2017 was 12.19. 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.


Eurosic Interest Expense Historical Data

The historical data trend for Eurosic'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.

Eurosic Interest Expense Chart

Eurosic Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -39.64 - -29.28 -32.25 -42.22

Eurosic Semi-Annual Data
Dec06 Dec07 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17
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 -15.98 -16.27 -17.21 -25.01 -33.48

Eurosic 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. 2017 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-58.5 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.


Eurosic  (XPAR:ERSC) 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.

Eurosic's Interest Expense for the six months ended in Jun. 2017 was €-33.5 Mil. Its Operating Income for the six months ended in Jun. 2017 was €408.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2017 was €2,846.5 Mil.

Eurosic's Interest Coverage for the quarter that ended in Jun. 2017 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2017 )/Interest Expense (Q: Jun. 2017 )
=-1*408.13/-33.484
=12.19

* 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.


Eurosic (XPAR:ERSC) Business Description

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Address
Eurosic is a company engaged in the real estate investment sector. It specializes in the acquisition, management of property assets.it's portfolio consists of commercial assets and diversification assets in the leisure, tertiary and logistics sectors.

Eurosic (XPAR:ERSC) Headlines

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