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Azorean-Aquatic Technologies (XPAR:MLAAT) Interest Expense : € Mil (TTM As of Dec. 2019)


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What is Azorean-Aquatic Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Azorean-Aquatic Technologies's interest expense for the six months ended in Dec. 2019 was € 0.00 Mil. Azorean-Aquatic Technologies does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2019.

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. Azorean-Aquatic Technologies's Operating Income for the six months ended in Dec. 2019 was € -0.01 Mil. Azorean-Aquatic Technologies's Interest Expense for the six months ended in Dec. 2019 was € 0.00 Mil. Azorean-Aquatic Technologies has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Azorean-Aquatic Technologies Interest Expense Historical Data

The historical data trend for Azorean-Aquatic Technologies'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.

Azorean-Aquatic Technologies Interest Expense Chart

Azorean-Aquatic Technologies Annual Data
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Azorean-Aquatic Technologies Semi-Annual Data
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Azorean-Aquatic Technologies Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.


Azorean-Aquatic Technologies  (XPAR:MLAAT) 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.

Azorean-Aquatic Technologies's Interest Expense for the six months ended in Dec. 2019 was €0.00 Mil. Its Operating Income for the six months ended in Dec. 2019 was €-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2019 was €0.00 Mil.

Azorean-Aquatic Technologies's Interest Coverage for the quarter that ended in Dec. 2019 is calculated as

Azorean-Aquatic Technologies had no long-term debt (1).

* 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.


Azorean-Aquatic Technologies (XPAR:MLAAT) Business Description

Traded in Other Exchanges
N/A
Address
Rua da Pranchinha N 92, Ponta Delgada, PRT, 9500-331
Azorean-Aquatic Technologies SA provides solutions to produce instruments and autonomous robots for different market segments from leisure to business and scientific exploration. Its product includes Ziphius, an aquatic civilian drone for the general public, controlled by Wi-Fi via smartphone or tablet PC, able to move at a speed of up to 10 kph and capable of taking and sharing photos and videos.

Azorean-Aquatic Technologies (XPAR:MLAAT) Headlines

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