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GBS Software AG (XTER:INW) Interest Expense : €-0.00 Mil (TTM As of Jun. 2024)


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What is GBS Software AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. GBS Software AG's interest expense for the six months ended in Jun. 2024 was € -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-0.00 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. GBS Software AG's Operating Income for the six months ended in Jun. 2024 was € -0.16 Mil. GBS Software AG's Interest Expense for the six months ended in Jun. 2024 was € -0.00 Mil. GBS Software 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.


GBS Software AG Interest Expense Historical Data

The historical data trend for GBS Software 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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GBS Software AG Interest Expense Chart

GBS Software AG Annual Data
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GBS Software AG Semi-Annual Data
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GBS Software 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.00 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.


GBS Software AG  (XTER:INW) 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.

GBS Software AG's Interest Expense for the six months ended in Jun. 2024 was €-0.00 Mil. Its Operating Income for the six months ended in Jun. 2024 was €-0.16 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was €0.00 Mil.

GBS Software AG's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

GBS Software 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.


GBS Software AG Business Description

Traded in Other Exchanges
Address
Friedrich Ebert Anlage 49, Frankfurt, DEU, 60308
GBS Software AG provides solutions and services in the fields of messaging security and workflow for the IBM and Microsoft collaboration platforms. It acts as a providers of email security and workflow management solutions. The company operates in Europe, North America, and Asia. It provides retirement management solutions as well. The group provides the following services: Domino Administration, XPages migration, Mobility, Consulting, and Training and mentoring.

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