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Avemio AG (XTER:3D6) Interest Expense : €-0.24 Mil (TTM As of Jun. 2023)


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What is Avemio AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Avemio AG's interest expense for the six months ended in Jun. 2023 was € -0.24 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was €-0.24 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. Avemio AG's Operating Income for the six months ended in Jun. 2023 was € 0.65 Mil. Avemio AG's Interest Expense for the six months ended in Jun. 2023 was € -0.24 Mil. Avemio AG's Interest Coverage for the quarter that ended in Jun. 2023 was 2.72. 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.


Avemio AG Interest Expense Historical Data

The historical data trend for Avemio 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.

* Premium members only.

Avemio AG Interest Expense Chart

Avemio AG Annual Data
Trend Dec19 Dec20 Dec21
Interest Expense
- - -

Avemio AG Semi-Annual Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23
Interest Expense Get a 7-Day Free Trial - - - - -0.24

Avemio 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.24 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.


Avemio AG  (XTER:3D6) 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.

Avemio AG's Interest Expense for the six months ended in Jun. 2023 was €-0.24 Mil. Its Operating Income for the six months ended in Jun. 2023 was €0.65 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was €0.00 Mil.

Avemio AG's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2023 )/Interest Expense (Q: Jun. 2023 )
=-1*0.645/-0.237
=2.72

* 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.


Avemio AG (XTER:3D6) Business Description

Traded in Other Exchanges
Address
Königsallee 60f, Dusseldorf, DEU, 40212
Avemio AG Formerly Palgon AG provides management consulting services. It offers marketing, distribution, and other services in the field of information technology, including the Internet and data processing and related fields. Further, the group is also involved in acquiring, selling, renting, and managing real estate.

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