Polar Capital Technology Trust (Polar Capital Technology Trust) Interest Expense : $-2.2 Mil (TTM As of Oct. 2023)

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What is Polar Capital Technology Trust Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Polar Capital Technology Trust's interest expense for the six months ended in Oct. 2023 was $ -1.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2023 was $-2.2 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. Polar Capital Technology Trust's Operating Income for the six months ended in Oct. 2023 was $ Mil. Polar Capital Technology Trust's Interest Expense for the six months ended in Oct. 2023 was $ Mil. 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.

Polar Capital Technology Trust Interest Expense Historical Data

The historical data trend for Polar Capital Technology Trust'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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Polar Capital Technology Trust Interest Expense Chart

Polar Capital Technology Trust Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Interest Expense

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-1.24

-1.51

-1.26

-1.89

Polar Capital Technology Trust Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Interest Expense	Get a 7-Day Free Trial															-0.61	-0.68	-0.77	-1.05	-1.14

Polar Capital Technology Trust 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 Oct. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-2.2 Mil.

Polar Capital Technology Trust (Polar Capital Technology Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Polar Capital Technology Trust PLC (OTCPK:PLCQF) » Definitions » Interest Expense

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PCTl:UK PCT:UK

Address

16 Palace Street, London, GBR, SW1E 5JD

Website

https://www.polarcapitaltechnologytrust.co.uk

Polar Capital Technology Trust PLC is a UK-based investment trust company. The company's investment objective is to maximize long-term capital growth by investing in a diversified portfolio of technology companies across the world. Geographically, the company earns investment income from North America, Europe, and the Asia Pacific region. It invests in Software, Interactive Media and Services, Semiconductors and Semiconductor Equipment, Technology Hardware, Storage and Peripherals, Internet and Direct Marketing Retail, IT Services, Entertainment, and other sectors.

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