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Hardide (LSE:HDD) Interest Expense : £-0.07 Mil (TTM As of Mar. 2024)


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What is Hardide Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hardide's interest expense for the six months ended in Mar. 2024 was £ -0.05 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was £-0.07 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. Hardide's Operating Income for the six months ended in Mar. 2024 was £ -0.88 Mil. Hardide's Interest Expense for the six months ended in Mar. 2024 was £ -0.05 Mil. Hardide 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.


Hardide Interest Expense Historical Data

The historical data trend for Hardide'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.

Hardide Interest Expense Chart

Hardide Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.01 -0.02 -0.05 -0.06

Hardide Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 -0.01 -0.04 -0.05 -0.01 -0.05

Hardide 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 semi-annually data reported by the company within the most recent 12 months, which was £-0.07 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.


Hardide  (LSE:HDD) 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.

Hardide's Interest Expense for the six months ended in Mar. 2024 was £-0.05 Mil. Its Operating Income for the six months ended in Mar. 2024 was £-0.88 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was £2.37 Mil.

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

Hardide 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.


Hardide (LSE:HDD) Business Description

Traded in Other Exchanges
N/A
Address
9 Longlands Road, Bicester, Oxfordshire, GBR, OX26 5AH
Hardide PLC is a UK-based company that acts as a provider of advanced tungsten carbide coatings for metal components operating in abrasive, erosive, corrosive, and chemically aggressive environments. The company provides nanostructured and patented, low-temperature chemical vapour deposition coating which provides wear and corrosion resistance and combines toughness with ductility. It extends the life of critical components across high-value industries and applications including oil and gas, pumps, aerospace, petrochemical, power generation, defense, industrial tooling, and others. The company has reportable segments namely UK operation, US operation, Corporate Central Functions., and Eliminations The majority of the company's revenue is generated from United Kingdom operations.

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