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Vtion Wireless Technology AG (XTER:V33) Interest Expense : €-0.02 Mil (TTM As of Sep. 2015)


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What is Vtion Wireless Technology AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vtion Wireless Technology AG's interest expense for the three months ended in Sep. 2015 was € 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2015 was €-0.02 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. Vtion Wireless Technology AG's Operating Income for the three months ended in Sep. 2015 was € -0.08 Mil. Vtion Wireless Technology AG's Interest Expense for the three months ended in Sep. 2015 was € 0.00 Mil. Vtion Wireless Technology 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.


Vtion Wireless Technology AG Interest Expense Historical Data

The historical data trend for Vtion Wireless Technology 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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Vtion Wireless Technology AG Interest Expense Chart

Vtion Wireless Technology AG Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Interest Expense
Get a 7-Day Free Trial -0.04 -0.05 - -0.02 -0.02

Vtion Wireless Technology AG Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 -0.01 -0.01 - -0.01 -

Vtion Wireless Technology 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 Sep. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.02 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.


Vtion Wireless Technology AG  (XTER:V33) 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.

Vtion Wireless Technology AG's Interest Expense for the three months ended in Sep. 2015 was €0.00 Mil. Its Operating Income for the three months ended in Sep. 2015 was €-0.08 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2015 was €0.00 Mil.

Vtion Wireless Technology AG's Interest Coverage for the quarter that ended in Sep. 2015 is calculated as

Vtion Wireless Technology AG had no long-term debt (1).

* 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.


Vtion Wireless Technology AG (XTER:V33) Business Description

Traded in Other Exchanges
N/A
Address
11-12, 11F Westhafen Tower, Westhafen Plaza 1, Frankfurt, DEU, 60327
Vtion Wireless Technology AG is a German company engaged as a supplier of wireless computing solutions and products for mobile internet access through broadband wireless networks in China. The products of the company include wireless data cards.

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