Vectron Systems AG (XTER:V3S) Interest Expense : €-0.37 Mil (TTM As of Jun. 2023)

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What is Vectron Systems AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vectron Systems AG's interest expense for the six months ended in Jun. 2023 was € -0.21 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was €-0.37 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. Vectron Systems AG's Operating Income for the six months ended in Jun. 2023 was € -0.03 Mil. Vectron Systems AG's Interest Expense for the six months ended in Jun. 2023 was € -0.21 Mil. Vectron Systems 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.

Vectron Systems AG Interest Expense Historical Data

The historical data trend for Vectron Systems 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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Vectron Systems AG Interest Expense Chart

Vectron Systems AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-0.21

-0.19

-0.36

-0.28

-0.34

Vectron Systems AG Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Interest Expense	Get a 7-Day Free Trial															-0.12	-0.16	-0.18	-0.16	-0.21

Vectron Systems 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 €-0.37 Mil.

Vectron Systems AG (XTER:V3S) 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.

Vectron Systems AG's Interest Expense for the six months ended in Jun. 2023 was €-0.21 Mil. Its Operating Income for the six months ended in Jun. 2023 was €-0.03 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was €6.96 Mil.

Vectron Systems AG's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Vectron Systems AG did not have earnings to cover the interest expense.

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

Vectron Systems AG (XTER:V3S) Business Description

Industry

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V3S:Germany V3S:Germany V3S:Germany

Address

Willy-Brandt-Weg 41, Munster, DEU, 48155

Website

http://www.vectron.de

Vectron Systems AG engages in the production and sale of point of sale (POS) systems and communication software for the networking of branch shops in Germany. It offers stationary and mobile POS systems; POS software; Commander communications software for the interconnection of POS systems; peripherals, such as customer displays and transponders; ECR app, a mobile app for hospitality professionals; trade solutions for hospitality, gastronomy, bakeries, hotels, and cafes; and bonVito, an online marketing instrument with various functions in the areas of customer retention.

Executives

Dr. Rer. Oec. Ralf-peter Simon	Board of Directors
Christoph Thye	Board of Directors
Thomas Stümmler	Board of Directors
Jens Reckendorf	Board of Directors
Andreas Prenner	Supervisory Board

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