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Campine NV (CHIX:CAMBB) Interest Expense : €-1.3 Mil (TTM As of Dec. 2023)


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What is Campine NV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Campine NV's interest expense for the six months ended in Dec. 2023 was € -0.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-1.3 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. Campine NV's Operating Income for the six months ended in Dec. 2023 was € 6.3 Mil. Campine NV's Interest Expense for the six months ended in Dec. 2023 was € -0.7 Mil. Campine NV's Interest Coverage for the quarter that ended in Dec. 2023 was 8.88. 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.


Campine NV Interest Expense Historical Data

The historical data trend for Campine NV'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.

Campine NV Interest Expense Chart

Campine NV 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 -0.35 -0.26 -0.35 -0.75 -1.30

Campine NV 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 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 -0.20 -0.23 -0.52 -0.59 -0.71

Campine NV 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 €-1.3 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.


Campine NV  (CHIX:CAMBb) 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.

Campine NV's Interest Expense for the six months ended in Dec. 2023 was €-0.7 Mil. Its Operating Income for the six months ended in Dec. 2023 was €6.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €4.2 Mil.

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

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*6.302/-0.71
=8.88

* 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.


Campine NV (CHIX:CAMBB) Business Description

Traded in Other Exchanges
Address
Nijverheidsstraat 2, Beerse, BEL, 2340
Campine NV is engaged in fire retardancy and concentrates, masterbatches for plastics, PET catalyst, and lead recycling. The company has two operating segments namely Specialty Chemicals and Circular Metals. The Main activities of Specialty chemicals which hosts all businesses which serve end-markets with chemical products and derivates. The Specialty Chemicals division comprises the business units (BU's) BU Antimony trioxide, BU FR Masterbatches and BU recycled Polymers. Circular Metals hosts the businesses in which metals are being recovered from industrial and postconsumer waste streams. The main activity is the manufacturing of lead alloys. It generates maximum revenue from the Circular Metals segment. Geographically, its manufacturing operations are located in Belgium.

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