Carclo (Carclo) Interest Expense : $-6.4 Mil (TTM As of Sep. 2023)

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What is Carclo Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Carclo's interest expense for the six months ended in Sep. 2023 was $ -3.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-6.4 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. Carclo's Operating Income for the six months ended in Sep. 2023 was $ 2.8 Mil. Carclo's Interest Expense for the six months ended in Sep. 2023 was $ -3.6 Mil. Carclo's Interest Coverage for the quarter that ended in Sep. 2023 was 0.76. 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.

Carclo Interest Expense Historical Data

The historical data trend for Carclo'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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Carclo Interest Expense Chart

Carclo Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-2.54

-3.08

-3.62

-4.04

-4.81

Carclo Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Interest Expense	Get a 7-Day Free Trial															-1.97	-2.15	-1.89	-2.79	-3.61

Carclo 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-6.4 Mil.

Carclo (OTCPK:CCEGF) 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.

Carclo's Interest Expense for the six months ended in Sep. 2023 was $-3.6 Mil. Its Operating Income for the six months ended in Sep. 2023 was $2.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was $37.9 Mil.

Carclo's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2023 )	/	Interest Expense (Q: Sep. 2023 )
	=	-1	*	2.762	/	-3.611
	=	0.76

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

Carclo (Carclo) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Carclo PLC (OTCPK:CCEGF) » Definitions » Interest Expense

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Traded in Other Exchanges

CARl:UK CAR.GB:UK CAR:UK C1Y:Germany

Address

Unit 5, Silkwood Court, Ossett, W Yorks, GBR, WF5 9TP

Website

http://www.carclo-plc.com

Carclo PLC is a technology-led plastics group that is engaged in three segments: CTP, Aerospace, and Central. The CTP segment supplies value-adding engineered solutions for the life science, optical and precision component industries. This business operates internationally in a fast?growing and dynamic market underpinned by rapid technological development. The Aerospace segment supplies systems to the manufacturing and aerospace industries. The central segment relates to central costs and non-trading companies. Geographically, it operates in the regions of the UK, North America, China, and India. The company earns three-fifths of its revenue from medical products, and the balance of the revenue is generated from the automotive industry.