LAIQON AG (XTER:LQAG) Interest Expense : €-10.08 Mil (TTM As of Dec. 2023)

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What is LAIQON AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. LAIQON AG's interest expense for the six months ended in Dec. 2023 was € -9.13 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-10.08 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. LAIQON AG's Operating Income for the six months ended in Dec. 2023 was € -7.20 Mil. LAIQON AG's Interest Expense for the six months ended in Dec. 2023 was € -9.13 Mil. LAIQON 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.

LAIQON AG Interest Expense Historical Data

The historical data trend for LAIQON 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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LAIQON AG Interest Expense Chart

LAIQON AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.61

-7.53

-9.69

-2.93

-10.08

LAIQON AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-2.98	-0.79	-2.14	-0.96	-9.13

LAIQON 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-10.08 Mil.

LAIQON AG (XTER:LQAG) 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.

LAIQON AG's Interest Expense for the six months ended in Dec. 2023 was €-9.13 Mil. Its Operating Income for the six months ended in Dec. 2023 was €-7.20 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €36.43 Mil.

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

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

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

LAIQON AG (XTER:LQAG) Business Description

Industry

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LQAG:Germany LQAG:Germany LQAG:Germany

Address

An der Alster 42, Hamburg, DEU, 20099

Website

https://www.laiqon.com

LAIQON AG along with its subsidiaries develops, markets, and manages investments in real assets for institutional and retail investors. The business of the company operates in three business segments namely Lloyd Fonds positioned as a special provider of non-benchmarked equity, fixed-income and mixed funds with a clear focus on active alpha strategies. The LLOYD WEALTH business segment is committed to proactive holistic 360° implementation of the individual goals of high net-worth individuals by means of personal asset management. The LLOYD DIGITAL business segment offers digital and risk-optimized investment solutions for retail and institutional investors.

Executives

Achim Plate

Board of Directors

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