Medartis Holding AG (XSWX:MED) Interest Expense : CHF-0.8 Mil (TTM As of Dec. 2023)

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What is Medartis Holding AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Medartis Holding AG's interest expense for the six months ended in Dec. 2023 was CHF 2.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was CHF-0.8 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. Medartis Holding AG's Operating Income for the six months ended in Dec. 2023 was CHF 6.9 Mil. Medartis Holding AG's Interest Expense for the six months ended in Dec. 2023 was CHF 2.0 Mil. Medartis Holding AG 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.

Medartis Holding AG Interest Expense Historical Data

The historical data trend for Medartis Holding AG'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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Medartis Holding AG Interest Expense Chart

Medartis Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.89

-0.78

-0.75

-0.73

-0.83

Medartis Holding AG Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial											-0.07	-0.99	0.25	-2.84	2.01

Medartis Holding AG 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was CHF-0.8 Mil.

Medartis Holding AG (XSWX:MED) 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.

Medartis Holding AG's Interest Expense for the six months ended in Dec. 2023 was CHF2.0 Mil. Its Operating Income for the six months ended in Dec. 2023 was CHF6.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was CHF20.6 Mil.

Medartis Holding AG's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

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

Medartis Holding AG (XSWX:MED) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Medartis Holding AG (XSWX:MED) » Definitions » Interest Expense

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MEDz:UK

Address

Hochbergerstrasse 60E, Basel, CHE, 4057

Website

https://www.medartis.com

Medartis Holding AG is a medical device company. The company's product profile is divided into APTUS products and MODUS products. APTUS includes products for Hand, Wrist, Elbow, Shoulder, and Foot. MODUS comprises products for Cranium, Midface, and mandible. Geographically, it derives majority of the revenue from EMEA and also has a presence in APAC; LATAM and North America.