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Northern Electric (LSE:NTEA.PFD) Interest Expense : £ Mil (TTM As of . 20)


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What is Northern Electric Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Northern Electric's interest expense for the three months ended in . 20 was £ 0.00 Mil. Northern Electric does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Northern Electric's Operating Income for the three months ended in . 20 was £ 0.00 Mil. Northern Electric's Interest Expense for the three months ended in . 20 was £ 0.00 Mil. Northern Electric 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.


Northern Electric Interest Expense Historical Data

The historical data trend for Northern Electric'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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Northern Electric Interest Expense Chart

Northern Electric Annual Data
Trend
Interest Expense

Northern Electric Quarterly Data
Interest Expense

Northern Electric Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.


Northern Electric  (LSE:NTEA.PFD) 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.

Northern Electric's Interest Expense for the three months ended in . 20 was £0.00 Mil. Its Operating Income for the three months ended in . 20 was £0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in . 20 was £0.00 Mil.

Northern Electric's Interest Coverage for the quarter that ended in . 20 is calculated as

Northern Electric 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.


Northern Electric (LSE:NTEA.PFD) Business Description

Traded in Other Exchanges
N/A
Address
78 Grey Street, Lloyds Court, Newcastle upon Tyne, GBR, NE1 6AF
Northern Electric PLC distributes and supplies electricity. It provides electricity distribution and engineering contracting services to various clients and smart meter rental services to energy suppliers in northeastern England.

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