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Graines Voltz (XPAR:GRVO) Interest Expense : €-1.5 Mil (TTM As of Sep. 2023)


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What is Graines Voltz Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Graines Voltz's interest expense for the six months ended in Sep. 2023 was € -0.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was €-1.5 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. Graines Voltz's Operating Income for the six months ended in Sep. 2023 was € -4.1 Mil. Graines Voltz's Interest Expense for the six months ended in Sep. 2023 was € -0.9 Mil. Graines Voltz did not have earnings to cover the interest expense. 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.


Graines Voltz Interest Expense Historical Data

The historical data trend for Graines Voltz'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.

Graines Voltz Interest Expense Chart

Graines Voltz Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.23 -0.31 -0.35 -0.63 -1.51

Graines Voltz Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -0.18 -0.43 -0.20 -0.60 -0.91

Graines Voltz 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-1.5 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.


Graines Voltz  (XPAR:GRVO) 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.

Graines Voltz's Interest Expense for the six months ended in Sep. 2023 was €-0.9 Mil. Its Operating Income for the six months ended in Sep. 2023 was €-4.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was €25.0 Mil.

Graines Voltz's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Graines Voltz did not have earnings to cover the interest expense.

* 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.


Graines Voltz (XPAR:GRVO) Business Description

Traded in Other Exchanges
Address
1 rue Edouard Branly, Colmar, FRA, 68000
Graines Voltz is engaged in distributing seeds and seedlings primarily in France and internationally. The company offers flower and vegetable seeds, young plants, and horticultural supplies.

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