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The Naga Group AG (XTER:N4G) Interest Expense : €-0.40 Mil (TTM As of Jun. 2023)


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What is The Naga Group AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. The Naga Group AG's interest expense for the six months ended in Jun. 2023 was € -0.52 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was €-0.40 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. The Naga Group AG's Operating Income for the six months ended in Jun. 2023 was € -1.14 Mil. The Naga Group AG's Interest Expense for the six months ended in Jun. 2023 was € -0.52 Mil. The Naga Group AG 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.


The Naga Group AG Interest Expense Historical Data

The historical data trend for The Naga Group 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.

* Premium members only.

The Naga Group AG Interest Expense Chart

The Naga Group AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial -0.16 -0.13 -0.68 -1.68 -0.39

The Naga Group AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 -0.46 -1.22 -0.51 0.12 -0.52

The Naga Group 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.40 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.


The Naga Group AG  (XTER:N4G) 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.

The Naga Group AG's Interest Expense for the six months ended in Jun. 2023 was €-0.52 Mil. Its Operating Income for the six months ended in Jun. 2023 was €-1.14 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was €0.00 Mil.

The Naga Group AG's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

The Naga Group AG did not have earnings to cover the interest expense.

* 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.


The Naga Group AG (XTER:N4G) Business Description

Traded in Other Exchanges
Address
Hohe Bleichen 12, Hamburg, DEU, 20354
The Naga Group AG develops and markets disruptive applications in financial technology. Its products include NAGA Trader, NAGA Brokers, NAGA Virtual, NAGA Wallet, and NAGA Markets to trade with an EU licensed brokerage company. Its core business is an online brokerage and generates revenue from the same.
Executives
Qiang Liu Supervisory Board
Harald Patt Supervisory Board
Benjamin Jakub Bilski Board of Directors
Michalis Mylonas Board of Directors
Andreas Luecke Board of Directors
Hans-jochen Lorenzen Supervisory Board

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