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SMT Scharf AG (XTER:S4AA) Interest Expense : €-1.54 Mil (TTM As of Mar. 2024)


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What is SMT Scharf AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SMT Scharf AG's interest expense for the three months ended in Mar. 2024 was € -0.35 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-1.54 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. SMT Scharf AG's Operating Income for the three months ended in Mar. 2024 was € -1.00 Mil. SMT Scharf AG's Interest Expense for the three months ended in Mar. 2024 was € -0.35 Mil. SMT Scharf 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.


SMT Scharf AG Interest Expense Historical Data

The historical data trend for SMT Scharf 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.

SMT Scharf AG Interest Expense Chart

SMT Scharf AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.87 -0.90 -0.94 -1.37 -1.49

SMT Scharf AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.30 -0.29 -0.38 -0.52 -0.35

SMT Scharf 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1.54 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.


SMT Scharf AG  (XTER:S4AA) 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.

SMT Scharf AG's Interest Expense for the three months ended in Mar. 2024 was €-0.35 Mil. Its Operating Income for the three months ended in Mar. 2024 was €-1.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €2.40 Mil.

SMT Scharf AG's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

SMT Scharf 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.


SMT Scharf AG (XTER:S4AA) Business Description

Traded in Other Exchanges
Address
Romerstrasse 104, Hamm, DEU, 59075
SMT Scharf AG is a supplier of rail bound transport systems. The group develops, manufactures, and services transportation equipment and logistics systems for underground mining and tunnel construction. It has four primary segments Coal Mining, Mineral Mining, and Tunnel, Other Industries segment. The company derives the maximum revenue from the Coal Mining segment. Its products categories include Monorail systems, Floor-mounted Rail??, and Rubber wheeled transportation?.
Executives
Dr. Dirk Vorsteher Supervisory Board
Univ.-prof. Dr. Louis Velthuis Supervisory Board

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