Phoslock Environmental Technologies (ASX:PET) Interest Expense : A$-0.02 Mil (TTM As of Dec. 2024)

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What is Phoslock Environmental Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Phoslock Environmental Technologies's interest expense for the six months ended in Dec. 2024 was A$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was A$-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. Phoslock Environmental Technologies's Operating Income for the six months ended in Dec. 2024 was A$ -2.18 Mil. Phoslock Environmental Technologies's Interest Expense for the six months ended in Dec. 2024 was A$ 0.00 Mil. GuruFocus does not calculate Phoslock Environmental Technologies's interest coverage with the available data. 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.

Phoslock Environmental Technologies Interest Expense Historical Data

The historical data trend for Phoslock Environmental Technologies'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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Phoslock Environmental Technologies Interest Expense Chart

Phoslock Environmental Technologies Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-0.20

-0.06

-0.01

-0.03

-0.02

Phoslock Environmental Technologies Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial															-0.02	-0.02	-0.01	-0.02	-

Phoslock Environmental Technologies 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-0.02 Mil.

Phoslock Environmental Technologies (ASX:PET) 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.

Phoslock Environmental Technologies's Interest Expense for the six months ended in Dec. 2024 was A$0.00 Mil. Its Operating Income for the six months ended in Dec. 2024 was A$-2.18 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was A$0.35 Mil.

Phoslock Environmental Technologies's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

GuruFocus does not calculate Phoslock Environmental Technologies's interest coverage with the available data.

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

Phoslock Environmental Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Phoslock Environmental Technologies Ltd (ASX:PET) » Definitions » Interest Expense

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Address

75 Elizabeth Street, Suite3, Level 12, Sydney, NSW, AUS, 2000

Website

http://www.phoslock.com.au

Phoslock Environmental Technologies Ltd provides water technologies and engineering solutions to manage nutrients and other water pollutants. The company is engaged in providing design, engineering, and project implementation solutions for water-related projects and water treatment products to clean up lakes, rivers, canals, wetlands, and drinking water reservoirs. The geographical segments of the group are Australia/New Zealand, Europe/UK, U.S/Canada/Brazil, and China.