RegTech Open Project (LSE:RTOP) Interest Expense : £ Mil (TTM As of Dec. 2022)

View and export this data going back to 2023. Start your Free Trial

What is RegTech Open Project Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. RegTech Open Project's interest expense for the six months ended in Dec. 2022 was £ -0.04 Mil. RegTech Open Project does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2022.

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. RegTech Open Project's Operating Income for the six months ended in Dec. 2022 was £ -1.95 Mil. RegTech Open Project's Interest Expense for the six months ended in Dec. 2022 was £ -0.04 Mil. RegTech Open Project 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.

RegTech Open Project Interest Expense Historical Data

The historical data trend for RegTech Open Project'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.

RegTech Open Project Interest Expense Chart

RegTech Open Project Annual Data

Trend

Dec20

Dec21

Interest Expense

-0.01

RegTech Open Project Semi-Annual Data
	Dec20	Dec21	Dec22
Interest Expense	-	-0.01	-0.04

RegTech Open Project Interest Expense Calculation

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

RegTech Open Project (LSE:RTOP) 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.

RegTech Open Project's Interest Expense for the six months ended in Dec. 2022 was £-0.04 Mil. Its Operating Income for the six months ended in Dec. 2022 was £-1.95 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2022 was £0.01 Mil.

RegTech Open Project's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

RegTech Open Project did not have earnings to cover the interest expense.

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

RegTech Open Project (LSE:RTOP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » RegTech Open Project plc (LSE:RTOP) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

RM1:Germany

Address

107 Cheapside, 9th Floor, London, GBR, EC2V 6DN

Website

https://www.regtechopenproject.co.uk

RegTech Open Project plc is a technology business specialized in regtech that has developed the Orbit Open Platform, an award-winning proprietary software platform focused on OR, which helps its customers navigate an increasingly complex regulatory landscape, maintain a secure and stable operating environment, whilst improving compliance with applicable regulations and standards and reducing the risk of business disruptions. The Orbit Open Platform is a cloud-based SaaS solution that offers a suite of modules and features enabling businesses to achieve OR more efficiently and effectively. By leveraging the cloud, the Orbit Open Platform is able to offer flexibility, scalability, and easy access for businesses of all sizes, sectors and geographies.

RegTech Open Project (LSE:RTOP) Headlines

No Headlines