Codon AG (LTS:0Q37) Interest Expense : €-0.70 Mil (TTM As of Jun. 2022)

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What is Codon AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Codon AG's interest expense for the six months ended in Jun. 2022 was € -0.30 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2022 was €-0.70 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. Codon AG's Operating Income for the six months ended in Jun. 2022 was € -10.60 Mil. Codon AG's Interest Expense for the six months ended in Jun. 2022 was € -0.30 Mil. Codon 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.

Codon AG Interest Expense Historical Data

The historical data trend for Codon 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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Codon AG Interest Expense Chart

Codon AG Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Interest Expense

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-0.10

-2.79

-4.55

-3.74

-0.88

Codon AG Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Interest Expense	Get a 7-Day Free Trial															-3.20	-0.55	-0.48	-0.40	-0.30

Codon 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. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.70 Mil.

Codon AG (LTS:0Q37) 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.

Codon AG's Interest Expense for the six months ended in Jun. 2022 was €-0.30 Mil. Its Operating Income for the six months ended in Jun. 2022 was €-10.60 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2022 was €5.85 Mil.

Codon AG's Interest Coverage for the quarter that ended in Jun. 2022 is calculated as

Codon AG did not have earnings to cover the interest expense.

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

Codon AG Business Description

Industry

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Address

Warthestrasse 21, Teltow, DEU, 14513

Website

http://www.codon.de

Codon AG develops, produces and distributes autologous cell therapies for the minimally invasive repair of cartilage defects. The product being marketed is a cell therapy product for the minimally invasive treatment of cartilage damage in the knee joint that uses only the patient's own cartilage cells (autologous chondrocytes). CODON's method is currently used in over 200 clinics in Germany and more than 14,000 patients have already been treated.

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