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PSB Industries (LTS:0IIA) Interest Expense : €-0.8 Mil (TTM As of Dec. 2020)


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What is PSB Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PSB Industries's interest expense for the six months ended in Dec. 2020 was € -0.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2020 was €-0.8 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. PSB Industries's Operating Income for the six months ended in Dec. 2020 was € 0.0 Mil. PSB Industries's Interest Expense for the six months ended in Dec. 2020 was € -0.3 Mil. PSB Industries's Interest Coverage for the quarter that ended in Dec. 2020 was 0.12. 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.


PSB Industries Interest Expense Historical Data

The historical data trend for PSB Industries'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.

PSB Industries Interest Expense Chart

PSB Industries Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.86 -2.51 -1.93 -0.76 -0.80

PSB Industries Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20
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 -1.21 -0.47 -0.29 -0.48 -0.31

PSB Industries 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. 2020 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.8 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.


PSB Industries  (LTS:0IIA) 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.

PSB Industries's Interest Expense for the six months ended in Dec. 2020 was €-0.3 Mil. Its Operating Income for the six months ended in Dec. 2020 was €0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2020 was €25.2 Mil.

PSB Industries's Interest Coverage for the quarter that ended in Dec. 2020 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2020 )/Interest Expense (Q: Dec. 2020 )
=-1*0.037/-0.314
=0.12

* 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.


PSB Industries (LTS:0IIA) Business Description

Traded in Other Exchanges
N/A
Address
Park Nord Immeuble Les Pleiades n 21, Route de la bouvarde, Metz-Tessy, FRA, 74370
PSB Industries SA is a holding company, which engages in the packaging of specialty chemicals and cosmetics. It operates its business through the following segments: Luxury and Beauty, Food and Distribution, Specialty Chemicals and Healthcare and Industry. The Luxury and Beauty segment specializes in plastic injection and finishing for the cosmetics and perfume industry. The Food and Distribution segment specializes in the design and manufacture food tray, blister pack, thermoformed packaging. The Specialty Chemicals segment specializes in the production of powders and liquids based on ultra-pure alumina. Healthcare and Industry segment focuses on a primary and secondary market. Most of its revenue is generated in France.

PSB Industries (LTS:0IIA) Headlines

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