Tatatu SPA (XPAR:ALTTU) Interest Expense : €-1.1 Mil (TTM As of Jun. 2023)

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What is Tatatu SPA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tatatu SPA's interest expense for the six months ended in Jun. 2023 was € -0.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was €-1.1 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. Tatatu SPA's Operating Income for the six months ended in Jun. 2023 was € 0.4 Mil. Tatatu SPA's Interest Expense for the six months ended in Jun. 2023 was € -0.7 Mil. Tatatu SPA's Interest Coverage for the quarter that ended in Jun. 2023 was 0.55. 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.

Tatatu SPA Interest Expense Historical Data

The historical data trend for Tatatu SPA'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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Tatatu SPA Interest Expense Chart

Tatatu SPA Annual Data

Trend

Dec20

Dec21

Dec22

Interest Expense

-0.90

-0.61

Tatatu SPA Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Interest Expense	Get a 7-Day Free Trial			-0.02	-0.88	-0.16	-0.45	-0.70

Tatatu SPA 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-1.1 Mil.

Tatatu SPA (XPAR:ALTTU) 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.

Tatatu SPA's Interest Expense for the six months ended in Jun. 2023 was €-0.7 Mil. Its Operating Income for the six months ended in Jun. 2023 was €0.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was €25.2 Mil.

Tatatu SPA's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2023 )	/	Interest Expense (Q: Jun. 2023 )
	=	-1	*	0.385	/	-0.696
	=	0.55

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

Tatatu SPA (XPAR:ALTTU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tatatu SPA (XPAR:ALTTU) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Barberini 29, Rome, ITA, 00187

Website

https://www.tatatu.com

Tatatu SPA is the social media and entertainment application. It rewards users for the value they generate by spending time on the platform. Users receive TTU Coins for viewing content and social media interactions. Users can post photos and videos and earn even more TTU Coins when someone likes, comments, views, or shares a post or when users invite a friend. Rewards can be redeemed by bidding at auctions for the chance to win exclusive products and experiences through affiliated merchants.

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