PowerHouse Energy Group (FRA:BT81) Interest Expense : €0.00 Mil (TTM As of Jun. 2023)

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What is PowerHouse Energy Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PowerHouse Energy Group's interest expense for the six months ended in Jun. 2023 was € 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was €0.00 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. PowerHouse Energy Group's Operating Income for the six months ended in Jun. 2023 was € -1.57 Mil. PowerHouse Energy Group's Interest Expense for the six months ended in Jun. 2023 was € 0.00 Mil. PowerHouse Energy Group has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

PowerHouse Energy Group Interest Expense Historical Data

The historical data trend for PowerHouse Energy Group'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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PowerHouse Energy Group Interest Expense Chart

PowerHouse Energy Group Annual Data

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Interest Expense

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-0.01

PowerHouse Energy Group Semi-Annual Data
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PowerHouse Energy Group 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.00 Mil.

PowerHouse Energy Group (FRA:BT81) 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.

PowerHouse Energy Group's Interest Expense for the six months ended in Jun. 2023 was €0.00 Mil. Its Operating Income for the six months ended in Jun. 2023 was €-1.57 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was €0.00 Mil.

PowerHouse Energy Group's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

PowerHouse Energy Group had no long-term debt ⁽¹⁾.

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

Good Sign:

PowerHouse Energy Group PLC has no debt.

PowerHouse Energy Group (FRA:BT81) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » PowerHouse Energy Group PLC (FRA:BT81) » Definitions » Interest Expense

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PHE:UK

Address

Mill Field Road, 15 Victoria Mews, Cottingley Business Park, Bingley, GBR, BD16 1PY

Website

https://www.powerhouseenergy.net

PowerHouse Energy Group PLC is the creator, designer, and developer of sustainable technology to transform plastics and waste into clean energy. It has a Distributed Modular Generation (DMG) product platform for the regeneration of plastic to power and hydrogen. The Company has one business segment; being a development company intending to license its technology to projects. It generates the majority of revenue from Engineering and related services and includes Exclusivity fees and others.

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