Flexiroam (ASX:FRX) Interest Expense : A$-0.58 Mil (TTM As of Dec. 2023)

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What is Flexiroam Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Flexiroam's interest expense for the six months ended in Dec. 2023 was A$ -0.29 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.58 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. Flexiroam's Operating Income for the six months ended in Dec. 2023 was A$ 0.32 Mil. Flexiroam's Interest Expense for the six months ended in Dec. 2023 was A$ -0.29 Mil. Flexiroam's Interest Coverage for the quarter that ended in Dec. 2023 was 1.11. 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.

Flexiroam Interest Expense Historical Data

The historical data trend for Flexiroam'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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Flexiroam Interest Expense Chart

Flexiroam Annual Data

Trend

Jun15

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-0.33

-0.39

-0.06

-0.17

-0.50

Flexiroam Semi-Annual Data
	Jun15	Dec15	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Dec23
Interest Expense	Get a 7-Day Free Trial												-0.06	-0.11	-0.20	-0.30	-0.29

Flexiroam 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-0.58 Mil.

Flexiroam (ASX:FRX) 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.

Flexiroam's Interest Expense for the six months ended in Dec. 2023 was A$-0.29 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$0.32 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$0.00 Mil.

Flexiroam's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	0.315	/	-0.285
	=	1.11

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Flexiroam Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Flexiroam (ASX:FRX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Flexiroam Ltd (ASX:FRX) » Definitions » Interest Expense

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Address

No. 6, Jalan SS21/37, Damansara Utama, Lot 4-401 & 4-402, Level 4, The Starling Mall, Petaling Jaya, SGR, MYS, 47400

Website

https://www.flexiroam.com

Flexiroam Ltd is a virtual network operator that offers voice and data roaming services across the globe. The operating segment includes Travel and Solution. Their product line includes Flexiroam App and Flexiroam X. Corporate sales generate maximum revenue for the company.