Smartspace Software (LSE:SMRT) Interest Expense : £-0.02 Mil (TTM As of Jul. 2023)

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What is Smartspace Software Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Smartspace Software's interest expense for the six months ended in Jul. 2023 was £ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jul. 2023 was £-0.02 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. Smartspace Software's Operating Income for the six months ended in Jul. 2023 was £ -0.58 Mil. Smartspace Software's Interest Expense for the six months ended in Jul. 2023 was £ -0.01 Mil. Smartspace Software 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.

Smartspace Software Interest Expense Historical Data

The historical data trend for Smartspace Software'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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Smartspace Software Interest Expense Chart

Smartspace Software Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Interest Expense

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-0.12

-0.02

-0.03

-0.01

Smartspace Software Semi-Annual Data
	Jan14	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23
Interest Expense	Get a 7-Day Free Trial															-0.01	-	-	-	-0.01

Smartspace Software 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.02 Mil.

Smartspace Software (LSE:SMRT) 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.

Smartspace Software's Interest Expense for the six months ended in Jul. 2023 was £-0.01 Mil. Its Operating Income for the six months ended in Jul. 2023 was £-0.58 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jul. 2023 was £0.23 Mil.

Smartspace Software's Interest Coverage for the quarter that ended in Jul. 2023 is calculated as

Smartspace Software did not have earnings to cover the interest expense.

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

Smartspace Software (LSE:SMRT) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Smartspace Software PLC (LSE:SMRT) » Definitions » Interest Expense

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Address

4 Fordham House Court, Fordham House Estate, Fordham, Cambridgeshire, GBR, CB7 5LL

Website

https://www.smartspaceplc.com

Smartspace Software PLC is engaged in the development and sale of software products. It is also engaged in the sale and installation of audio-visual hardware products. It operates through the following segments SwipedOn, and Space Connect. The firm generates the majority of revenue from the SwipedOn segment which is engaged in the sale and support of self-service visitor management software to customers throughout the world.