Proactis (XPAR:PROAC) Interest Expense : €-0.00 Mil (TTM As of Jul. 2024)

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What is Proactis Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Proactis's interest expense for the six months ended in Jul. 2024 was € -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jul. 2024 was €-0.00 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. Proactis's Operating Income for the six months ended in Jul. 2024 was € -0.95 Mil. Proactis's Interest Expense for the six months ended in Jul. 2024 was € -0.00 Mil. Proactis 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.

Proactis Interest Expense Historical Data

The historical data trend for Proactis'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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Proactis Interest Expense Chart

Proactis Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Jul18

Jul19

Jul20

Jul21

Jul22

Jan24

Interest Expense

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-0.01

-0.03

-0.02

-0.03

Proactis Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul24
Interest Expense	Get a 7-Day Free Trial															-0.01	-0.01	-0.02	-0.02	-

Proactis 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 Jul. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.00 Mil.

Proactis (XPAR:PROAC) 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.

Proactis's Interest Expense for the six months ended in Jul. 2024 was €-0.00 Mil. Its Operating Income for the six months ended in Jul. 2024 was €-0.95 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jul. 2024 was €0.00 Mil.

Proactis's Interest Coverage for the quarter that ended in Jul. 2024 is calculated as

Proactis did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Proactis Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Proactis SA (XPAR:PROAC) » Definitions » Interest Expense

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Address

54 rue de Londres, Paris, FRA, 75008

Website

http://www.proactis.com

Proactis SA is involved in providing business software solutions to various organisations. It offers its solutions to Public Sector, Education, Retail, Financial Services, Not-for-Profit, Housing Authorities and Property and Facilities Management among others.

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