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Octopus Eclipse VCT 2 (LSE:OEC2) Interest Expense : £0.00 Mil (TTM As of Jul. 2012)


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What is Octopus Eclipse VCT 2 Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Octopus Eclipse VCT 2's interest expense for the six months ended in Jul. 2012 was £ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jul. 2012 was £0.00 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. Octopus Eclipse VCT 2's Operating Income for the six months ended in Jul. 2012 was £ -0.08 Mil. Octopus Eclipse VCT 2's Interest Expense for the six months ended in Jul. 2012 was £ 0.00 Mil. Octopus Eclipse VCT 2 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.


Octopus Eclipse VCT 2 Interest Expense Historical Data

The historical data trend for Octopus Eclipse VCT 2'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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Octopus Eclipse VCT 2 Interest Expense Chart

Octopus Eclipse VCT 2 Annual Data
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Octopus Eclipse VCT 2 Semi-Annual Data
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Octopus Eclipse VCT 2 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 Jul. 2012 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.00 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.


Octopus Eclipse VCT 2  (LSE:OEC2) 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.

Octopus Eclipse VCT 2's Interest Expense for the six months ended in Jul. 2012 was £0.00 Mil. Its Operating Income for the six months ended in Jul. 2012 was £-0.08 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jul. 2012 was £0.00 Mil.

Octopus Eclipse VCT 2's Interest Coverage for the quarter that ended in Jul. 2012 is calculated as

Octopus Eclipse VCT 2 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.


Octopus Eclipse VCT 2 (LSE:OEC2) Business Description

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Octopus Eclipse VCT 2 PLC is a venture capital trust which aims to provide shareholders with attractive tax-free dividends and long-term capital growth, by investing in a diverse portfolio of unquoted and AIM-quoted companies.

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