Vonex (ASX:VN8) Interest Expense : A$-3.31 Mil (TTM As of Dec. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Vonex Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vonex's interest expense for the six months ended in Dec. 2024 was A$ -1.69 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was A$-3.31 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. Vonex's Operating Income for the six months ended in Dec. 2024 was A$ 0.80 Mil. Vonex's Interest Expense for the six months ended in Dec. 2024 was A$ -1.69 Mil. Vonex's Interest Coverage for the quarter that ended in Dec. 2024 was 0.47. 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.

Vonex Interest Expense Historical Data

The historical data trend for Vonex'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.

Vonex Interest Expense Chart

Vonex Annual Data

Trend

Dec17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Interest Expense

Get a 7-Day Free Trial

-0.01

-1.53

-2.28

-3.88

Vonex Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial										-0.99	-1.29	-2.26	-1.62	-1.69

Vonex 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$-3.31 Mil.

Vonex (ASX:VN8) 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.

Vonex's Interest Expense for the six months ended in Dec. 2024 was A$-1.69 Mil. Its Operating Income for the six months ended in Dec. 2024 was A$0.80 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was A$1.88 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	0.795	/	-1.687
	=	0.47

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. Vonex Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Vonex Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Vonex Ltd (ASX:VN8) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

303 Coronation Drive, Level 6, Milton, QLD, AUS, 4064

Website

https://www.vonex.com.au

Vonex Ltd is an Australia-based telecommunications company. The Company also provides a full range of traditional telecommunications products such as mobile and internet. Its wholesale customers, such as internet service providers, can access the core Vonex PBX, call termination services, hardware, mobile , and internet at wholesale rates via a white-label model. Vonex also delivers custom-built software solutions to wholesale customers to facilitate projects of scale. Geographically, the company has operations in Australia and the United States. It generates a vast majority of the revenues from the retail segment within Australia.

Vonex Headlines

No Headlines