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SMA Solar Technology AG (XTER:S92) Interest Expense : €-10 Mil (TTM As of Dec. 2024)


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What is SMA Solar Technology AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SMA Solar Technology AG's interest expense for the three months ended in Dec. 2024 was € -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was €-10 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. SMA Solar Technology AG's Operating Income for the three months ended in Dec. 2024 was € -144 Mil. SMA Solar Technology AG's Interest Expense for the three months ended in Dec. 2024 was € -2 Mil. SMA Solar Technology 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.


SMA Solar Technology AG Interest Expense Historical Data

The historical data trend for SMA Solar Technology 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.

SMA Solar Technology AG Interest Expense Chart

SMA Solar Technology AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.53 -1.68 -3.60 -4.86 -9.39

SMA Solar Technology AG Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -1.45 -2.40 -1.18 -4.42 -1.69

SMA Solar Technology 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 quarterly data reported by the company within the most recent 12 months, which was €-10 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.


SMA Solar Technology AG  (XTER:S92) 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.

SMA Solar Technology AG's Interest Expense for the three months ended in Dec. 2024 was €-2 Mil. Its Operating Income for the three months ended in Dec. 2024 was €-144 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was €0 Mil.

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

SMA Solar Technology 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.


SMA Solar Technology AG Business Description

Address
Sonnenallee 1, Niestetal, DEU, 34266
SMA Solar Technology AG produces, develops, and sells systems and solutions for the efficient and sustainable generation, storage and use of solar energy. Its products include PV and battery inverters, monitoring systems for PV systems, charging solutions for electric vehicles as well as energy management systems, and digital services for the future energy supply. The company operates through the following segments; Home Solutions, Commercial & Industrial Solutions, and Large Scale & Project Solutions. The Large Scale & Project Solutions segment, which derives key revenue for the company, offers products, systems and solutions for industrial solar, storage and hydrogen projects as well as for the conversion of utility grids to a higher proportion of renewable energy.
Executives
Dr. Jürgen Reinert Board of Directors
Barbara Gregor Board of Directors
Uwe Kleinkauf Supervisory Board

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