Lombard et Medot (XPAR:MLCAC) Interest Expense : € Mil (TTM As of Dec. 2022)

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What is Lombard et Medot Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lombard et Medot's interest expense for the six months ended in Dec. 2022 was € -0.34 Mil. Lombard et Medot does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2022.

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. Lombard et Medot's Operating Income for the six months ended in Dec. 2022 was € 0.26 Mil. Lombard et Medot's Interest Expense for the six months ended in Dec. 2022 was € -0.34 Mil. Lombard et Medot's Interest Coverage for the quarter that ended in Dec. 2022 was 0.76. 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.

Lombard et Medot Interest Expense Historical Data

The historical data trend for Lombard et Medot'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.

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Lombard et Medot Interest Expense Chart

Lombard et Medot Annual Data

Trend

Dec20

Dec21

Dec22

Interest Expense

-0.29

-0.26

-0.34

Lombard et Medot Semi-Annual Data
	Dec20	Dec21	Dec22
Interest Expense	-0.29	-0.26	-0.34

Lombard et Medot Interest Expense Calculation

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

Lombard et Medot (XPAR:MLCAC) 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.

Lombard et Medot's Interest Expense for the six months ended in Dec. 2022 was €-0.34 Mil. Its Operating Income for the six months ended in Dec. 2022 was €0.26 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2022 was €16.43 Mil.

Lombard et Medot's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2022 )	/	Interest Expense (Q: Dec. 2022 )
	=	-1	*	0.256	/	-0.336
	=	0.76

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. Lombard et Medots earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Lombard et Medot (XPAR:MLCAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Lombard et Medot (XPAR:MLCAC) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

1 Rue Des Cotelles PB 118, Epernay, FRA, 51204

Website

http://www.champagne-lombard.com

Lombard et Medot operates in brewers industry. The company is engaged in the manufacturing, packaging, and distribution of champagne in France and other parts of the world.

Lombard et Medot (XPAR:MLCAC) Headlines

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