Decheng Technology AG (FRA:3330) Interest Expense : €-0.01 Mil (TTM As of Dec. 2023)

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What is Decheng Technology AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Decheng Technology AG's interest expense for the six months ended in Dec. 2023 was € -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-0.01 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. Decheng Technology AG's Operating Income for the six months ended in Dec. 2023 was € -0.03 Mil. Decheng Technology AG's Interest Expense for the six months ended in Dec. 2023 was € -0.00 Mil. Decheng 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.

Decheng Technology AG Interest Expense Historical Data

The historical data trend for Decheng 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.

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Decheng Technology AG Interest Expense Chart

Decheng Technology AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec23

Interest Expense

-0.26

-0.21

-0.01

Decheng Technology AG Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Mar20	Sep20	Mar21	Sep21	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial										-	-	-	-	-

Decheng 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.01 Mil.

Decheng Technology AG (FRA:3330) 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.

Decheng Technology AG's Interest Expense for the six months ended in Dec. 2023 was €-0.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was €-0.03 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €0.00 Mil.

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

Decheng Technology AG did not have earnings to cover the interest expense.

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

Decheng Technology AG (FRA:3330) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Decheng Technology AG (FRA:3330) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ziegelhauser Landstrasse 3, Heidelberg, DEU, 69120

Website

https://www.decheng-ag.de

Decheng Technology AG is engaged in the research and development, production and marketing of polyurethane resin and related additives in the People's Republic of China. The company's product profile includes Textile Applications, Leather Applications, Magnetic Absorber Material, and others. Its core product is classified into six categories namely Two liquid type polyurethane resin for dry fabrics, Polyurethane produces by the wet winding technology, Polyurethane resin for fiberic coating, Single liquid type polyurethane resin for dry fabrics, Coating additives, and Magnetic absorption polyurethane resin. The Polyurethane resin for fiberic coating generates maximum revenue for the company.

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