1st RED AG (STU:SXL) Interest Expense : €-0.00 Mil (TTM As of Jun. 2018)

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What is 1st RED AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. 1st RED AG's interest expense for the six months ended in Jun. 2018 was € 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2018 was €-0.00 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. 1st RED AG's Operating Income for the six months ended in Jun. 2018 was € -0.44 Mil. 1st RED AG's Interest Expense for the six months ended in Jun. 2018 was € 0.00 Mil. 1st RED AG has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

1st RED AG Interest Expense Historical Data

The historical data trend for 1st RED 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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1st RED AG Interest Expense Chart

1st RED AG Annual Data

Trend

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Interest Expense

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-0.01

1st RED AG Semi-Annual Data
	Dec07	Dec08	Jun09	Dec09	Jun10	Dec10	Dec11	Jun12	Dec12	Jun13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18
Interest Expense	Get a 7-Day Free Trial														-0.01	-	-	-	-

1st RED 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 Jun. 2018 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.00 Mil.

1st RED AG (STU:SXL) 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.

1st RED AG's Interest Expense for the six months ended in Jun. 2018 was €0.00 Mil. Its Operating Income for the six months ended in Jun. 2018 was €-0.44 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2018 was €0.00 Mil.

1st RED AG's Interest Coverage for the quarter that ended in Jun. 2018 is calculated as

1st RED AG had no long-term debt ⁽¹⁾.

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

1st RED AG (STU:SXL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » 1st RED AG (STU:SXL) » Definitions » Interest Expense

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Address

Am Kaiserkai 62, Harburg, DEU, 20457

Website

http://www.1st-red.com

1st RED AG is engaged in the real estate industry. It provides investment and asset management services and the buying and selling of properties in Germany.

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