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BETA Systems Software AG (FRA:BSS) Interest Expense : €-1.19 Mil (TTM As of Mar. 2024)


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What is BETA Systems Software AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. BETA Systems Software AG's interest expense for the six months ended in Mar. 2024 was € -1.06 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-1.19 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. BETA Systems Software AG's Operating Income for the six months ended in Mar. 2024 was € 2.92 Mil. BETA Systems Software AG's Interest Expense for the six months ended in Mar. 2024 was € -1.06 Mil. BETA Systems Software AG's Interest Coverage for the quarter that ended in Mar. 2024 was 2.74. 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.

BETA Systems Software AG Interest Expense Historical Data

The historical data trend for BETA Systems Software 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.

BETA Systems Software AG Interest Expense Chart

BETA Systems Software AG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.09 -0.34 -0.39 -0.29 -0.29

BETA Systems Software AG Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 -0.15 -0.14 -0.16 -0.13 -1.06

BETA Systems Software 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-1.19 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.

BETA Systems Software AG  (FRA:BSS) 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.

BETA Systems Software AG's Interest Expense for the six months ended in Mar. 2024 was €-1.06 Mil. Its Operating Income for the six months ended in Mar. 2024 was €2.92 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was €1.98 Mil.

BETA Systems Software AG'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*2.916/-1.063
=2.74

* 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.

BETA Systems Software AG (FRA:BSS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » BETA Systems Software AG (FRA:BSS) » Definitions » Interest Expense
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Traded in Other Exchanges
BSS:Germany
Address
Beta Systems Software AG, Alt-moabit 90d, Berlin, DEU, 10559
Website
http://www.betasystems.com
BETA Systems Software AG develops software products and solutions. It offers large corporations, mid-sized companies and organizations high-end infrastructure software and solutions which spans sectors.
Executives
Dr. Andreas Huth Board of Directors
Wilhelm K. T. Zours Supervisory Board
Wilhelm K.t. Zours Supervisory Board
Carl Ernst Veit Paas Supervisory Board

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