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ZEAL Network SE (XTER:TIMA) Interest Expense : €-2.0 Mil (TTM As of Mar. 2024)


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What is ZEAL Network SE Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ZEAL Network SE's interest expense for the three months ended in Mar. 2024 was € -0.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-2.0 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. ZEAL Network SE's Operating Income for the three months ended in Mar. 2024 was € 7.5 Mil. ZEAL Network SE's Interest Expense for the three months ended in Mar. 2024 was € -0.6 Mil. ZEAL Network SE's Interest Coverage for the quarter that ended in Mar. 2024 was 13.33. 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.

ZEAL Network SE Interest Expense Historical Data

The historical data trend for ZEAL Network SE'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.

ZEAL Network SE Interest Expense Chart

ZEAL Network SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.39 -0.32 -1.50 -0.70 -1.53

ZEAL Network SE Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.29 -0.43 -0.38 -0.58 -0.56

ZEAL Network SE 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-2.0 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.

ZEAL Network SE  (XTER:TIMA) 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.

ZEAL Network SE's Interest Expense for the three months ended in Mar. 2024 was €-0.6 Mil. Its Operating Income for the three months ended in Mar. 2024 was €7.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €31.1 Mil.

ZEAL Network SE's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*7.503/-0.563
=13.33

* 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.

ZEAL Network SE (XTER:TIMA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » ZEAL Network SE (XTER:TIMA) » Definitions » Interest Expense
Comparable Companies
XTER:EMH1 XTER:ACX LSE:FLTR OSTO:EVO DKNG ASX:ALL CHDN LNW ASX:TLC XPAR:FDJ ATH:OPAP LSE:ENT IGT MIL:LTMC OSTO:KIND SDB TSE:6417 SGHC LSE:PTEC OSTO:BETS B PHS:PLUS
Traded in Other Exchanges
TIM:Germany TIMA:Germany TIMA:Germany
Address
Strassenbahnring 11, Hamburg, NI, DEU, 20251
Website
https://www.zealnetwork.de
ZEAL Network SE is a holding company specialized in the area of online lottery. The company offers consumer-facing lottery-based games as well as business-to-business solutions. The operating business segments are Germany and Other. The Germany operating segment comprises the results of the online lottery brokerage business and the Group's charity lotteries in Germany. The Other segment comprises the online lottery operation for the charitable org ONCE in Spain and investment in early-stage start-ups under Zeal ventures. The majority of revenue is derived from the Germany segment.
Executives
Sönke Martens Board of Directors
Dr. Helmut Wilhelm Becker Board of Directors
Jonas Mattsson Board of Directors
Peter Steiner Supervisory Board
Frank Strauß Supervisory Board
Oliver Jaster Supervisory Board

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