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Neways Electronics International NV (Neways Electronics International NV) Interest Expense : $-1.5 Mil (TTM As of Dec. 2021)


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What is Neways Electronics International NV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Neways Electronics International NV's interest expense for the six months ended in Dec. 2021 was $ -0.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2021 was $-1.5 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. Neways Electronics International NV's Operating Income for the six months ended in Dec. 2021 was $ 7.8 Mil. Neways Electronics International NV's Interest Expense for the six months ended in Dec. 2021 was $ -0.7 Mil. Neways Electronics International NV's Interest Coverage for the quarter that ended in Dec. 2021 was 11.34. 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.


Neways Electronics International NV Interest Expense Historical Data

The historical data trend for Neways Electronics International 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.

Neways Electronics International NV Interest Expense Chart

Neways Electronics International NV Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.57 -1.82 -2.74 -1.93 -1.45

Neways Electronics International NV Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
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 -1.12 -1.37 -0.45 -0.81 -0.69

Neways Electronics International 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. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-1.5 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.


Neways Electronics International NV  (GREY:NWYEF) 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.

Neways Electronics International NV's Interest Expense for the six months ended in Dec. 2021 was $-0.7 Mil. Its Operating Income for the six months ended in Dec. 2021 was $7.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2021 was $25.0 Mil.

Neways Electronics International NV's Interest Coverage for the quarter that ended in Dec. 2021 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2021 )/Interest Expense (Q: Dec. 2021 )
=-1*7.811/-0.689
=11.34

* 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.


Neways Electronics International NV (Neways Electronics International NV) Business Description

Traded in Other Exchanges
N/A
Address
5010 Science Park Eindhoven, P.O. Box 69, Son, NLD, 5690 AB
Neways Electronics International NV is an international provider for product lifecycle management of advanced and integrated electronic applications, from the initial idea to development and production, repairs and service. The company's applications are used in end products of various industries including automotive, semiconductors, industrial, medical and defense market sectors. Its operations are spread across Western Europe (the Netherlands and Germany), Eastern Europe (the Czech Republic and Slovakia) and China. The company derives its revenue from the services it provides.

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