MotorK (XAMS:MTRK) Interest Expense : €-1.01 Mil (TTM As of Dec. 2023)

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What is MotorK Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MotorK's interest expense for the six months ended in Dec. 2023 was € -0.69 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-1.01 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. MotorK's Operating Income for the six months ended in Dec. 2023 was € -4.09 Mil. MotorK's Interest Expense for the six months ended in Dec. 2023 was € -0.69 Mil. MotorK 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.

MotorK Interest Expense Historical Data

The historical data trend for MotorK'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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MotorK Interest Expense Chart

MotorK Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-1.44

-1.56

-2.21

-0.52

-1.01

MotorK Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial					-1.29	-0.26	-0.27	-0.32	-0.69

MotorK 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 €-1.01 Mil.

MotorK (XAMS:MTRK) 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.

MotorK's Interest Expense for the six months ended in Dec. 2023 was €-0.69 Mil. Its Operating Income for the six months ended in Dec. 2023 was €-4.09 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €13.18 Mil.

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

MotorK did not have earnings to cover the interest expense.

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

MotorK (XAMS:MTRK) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » MotorK PLC (XAMS:MTRK) » Definitions » Interest Expense

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5FS:Germany

Address

One New Change, 5th Floor, London, GBR, EC4M 9AF

Website

https://www.motork.io

MotorK PLC is specialized in the development of SaaS solutions in digital sales and marketing for the automotive retail sector. The company offers platforms for maximizing traffic acquisition, managing inventory, managing sales operations, managing omni-channel prospects, launching promotional campaigns and others.

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