Pferdewetten de AG (XTER:EMH1) Interest Expense : €-0.33 Mil (TTM As of Sep. 2023)

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What is Pferdewetten de AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Pferdewetten de AG's interest expense for the three months ended in Sep. 2023 was € -0.32 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was €-0.33 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. Pferdewetten de AG's Operating Income for the three months ended in Sep. 2023 was € -4.02 Mil. Pferdewetten de AG's Interest Expense for the three months ended in Sep. 2023 was € -0.32 Mil. Pferdewetten de 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.

Pferdewetten de AG Interest Expense Historical Data

The historical data trend for Pferdewetten de 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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Pferdewetten de AG Interest Expense Chart

Pferdewetten de AG Annual Data

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Interest Expense

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-0.01

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Pferdewetten de AG Quarterly Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial															-	-0.01	-	-	-0.32

Pferdewetten de 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.33 Mil.

Pferdewetten de AG (XTER:EMH1) 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.

Pferdewetten de AG's Interest Expense for the three months ended in Sep. 2023 was €-0.32 Mil. Its Operating Income for the three months ended in Sep. 2023 was €-4.02 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was €8.87 Mil.

Pferdewetten de AG's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Pferdewetten de AG did not have earnings to cover the interest expense.

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

Pferdewetten de AG (XTER:EMH1) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Pferdewetten de AG (XTER:EMH1) » Definitions » Interest Expense

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EMH1:Germany EMH:Germany

Address

Schlossstrasse 38, Hamburg, DEU

Website

http://www.pferdewetten.ag

Pferdewetten de AG is involved in arranging and placing bets for horse racing and other sports events. It engages in the online and offline horse betting business in Germany. Its horse betting services range from betting on German galloping and trotting to English, French, and other international horse races. The company also provides online horse betting services through its Internet platform pferdewetten.de. In addition, it offers consultancy and training services for the implementation and processing of sports and horse betting.

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