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Einhell Germany AG (XTER:EIN) Interest Expense : €-2 Mil (TTM As of Sep. 2024)


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What is Einhell Germany AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Einhell Germany AG's interest expense for the three months ended in Sep. 2024 was € -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was €-2 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. Einhell Germany AG's Operating Income for the three months ended in Sep. 2024 was € 24 Mil. Einhell Germany AG's Interest Expense for the three months ended in Sep. 2024 was € -2 Mil. Einhell Germany AG's Interest Coverage for the quarter that ended in Sep. 2024 was 11.69. 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.


Einhell Germany AG Interest Expense Historical Data

The historical data trend for Einhell Germany 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.

Einhell Germany AG Interest Expense Chart

Einhell Germany AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.97 -0.90 -1.64 -5.17 -6.44

Einhell Germany AG Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.47 7.62 -4.63 -3.05 -2.04

Einhell Germany 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-2 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.


Einhell Germany AG  (XTER:EIN) 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.

Einhell Germany AG's Interest Expense for the three months ended in Sep. 2024 was €-2 Mil. Its Operating Income for the three months ended in Sep. 2024 was €24 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was €100 Mil.

Einhell Germany AG's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*23.82/-2.037
=11.69

* 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.


Einhell Germany AG Business Description

Traded in Other Exchanges
Address
Wiesenweg 22, Landau an der Isar, DEU, D-94405
Einhell Germany AG is engaged in the DIY sector and designs and distributes solutions for DIY enthusiasts and hobby gardeners for use at home, in the workshop, and in the garden. The companys product range includes hand-held power tools, stationary tools, and accessories as well as lawn and garden care tools, irrigation, and drainage solutions.
Executives
Prof. Dr. Manfred Schwaiger Supervisory Board
Andreas Kroiss Board of Directors
Dr. Markus Thannhuber Board of Directors

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