GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » HGears AG (XTER:HGEA) » Definitions » Interest Expense

HGears AG (XTER:HGEA) Interest Expense : €-2.77 Mil (TTM As of Dec. 2024)


View and export this data going back to 2021. Start your Free Trial

What is HGears AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. HGears AG's interest expense for the six months ended in Dec. 2024 was € -1.50 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was €-2.77 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. HGears AG's Operating Income for the six months ended in Dec. 2024 was € -8.74 Mil. HGears AG's Interest Expense for the six months ended in Dec. 2024 was € -1.50 Mil. HGears 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.

HGears AG Interest Expense Historical Data

The historical data trend for HGears 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.

HGears AG Interest Expense Chart

HGears AG Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
-3.19 -3.70 -1.38 -2.29 -2.77

HGears AG Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.64 -1.08 -1.22 -1.27 -1.50

HGears 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-2.77 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.

HGears AG  (XTER:HGEA) 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.

HGears AG's Interest Expense for the six months ended in Dec. 2024 was €-1.50 Mil. Its Operating Income for the six months ended in Dec. 2024 was €-8.74 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was €15.30 Mil.

HGears AG's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

HGears AG did not have earnings to cover the interest expense.

* 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.

HGears AG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » HGears AG (XTER:HGEA) » Definitions » Interest Expense
Comparable Companies
XTER:PGN XTER:IS7 XTER:H9W XTER:DEX HAM:SW10 TSE:4298 ORLY AZO TSE:6902 TSE:5108 XPAR:ML SHSE:600660 XKRX:012330 XTER:CON GPC TSE:5802 XTER:KBX APTV MBLY NSE:MOTHERSON
Traded in Other Exchanges
HGEA:Germany
Address
Brambach 38, Schramberg, BW, DEU, 78713
Website
https://www.hgears.com
HGears AG is a manufacturer of high-precision gears and components. The company divides its business into three areas: the e-mobility focuses on products for e-bike drive systems and drive train units for electric and hybrid vehicles; the e-Tools focus on components utilized in the powering mechanism of battery-driven (e-drive), the Conventional automotive and industrial applications focus on gear units for various applications, such as rolling shutters and systems for heating, ventilation and air conditioning, motorbikes and non-combustion part precision components for premium and luxury vehicles. The company consists of one operating segment, the production of high-precision gears and components.
Executives
Sven Arend Board of Directors
Volker Stauch Supervisory Board
Daniel Basok Board of Directors
Daniel Kartje Supervisory Board
Christophe Hemmerle Supervisory Board
Dr. Gabriele Fontane Supervisory Board
Mathias Seidler Supervisory Board
Pierluca Sartorello Board of Directors

HGears AG Headlines

No Headlines