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Symphony Environmental Technologies (LSE:SYM) Interest Expense : £-0.21 Mil (TTM As of Dec. 2024)


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What is Symphony Environmental Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Symphony Environmental Technologies's interest expense for the six months ended in Dec. 2024 was £ -0.12 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was £-0.21 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. Symphony Environmental Technologies's Operating Income for the six months ended in Dec. 2024 was £ -0.67 Mil. Symphony Environmental Technologies's Interest Expense for the six months ended in Dec. 2024 was £ -0.12 Mil. Symphony Environmental Technologies did not have earnings to cover the interest expense. 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.


Symphony Environmental Technologies Interest Expense Historical Data

The historical data trend for Symphony 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.

* Premium members only.

Symphony Environmental Technologies Interest Expense Chart

Symphony Environmental Technologies Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.05 -0.05 -0.08 -0.19 -0.21

Symphony 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.05 -0.08 -0.11 -0.10 -0.12

Symphony 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 £-0.21 Mil.

* 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.


Symphony Environmental Technologies  (LSE:SYM) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Symphony Environmental Technologies's Interest Expense for the six months ended in Dec. 2024 was £-0.12 Mil. Its Operating Income for the six months ended in Dec. 2024 was £-0.67 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was £0.02 Mil.

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

Symphony Environmental Technologies did not have earnings to cover the interest expense.

* 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.

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


Symphony Environmental Technologies Business Description

Traded in Other Exchanges
Address
6 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, GBR, WD6 1JD
Symphony Environmental Technologies PLC develops and markets environmental plastic products. It has developed a protective plastic technology under the d2p (designed to protect) brand, which offers extra protection from bacteria, insects, fungi, algae, odor, fouling, and fire. Its products include d2w a masterbatch system that turns ordinary plastic into a material with a different molecular structure, d2Detector is a portable XRF that determines whether a plastic product contains d2w, d2p offers extra protection to plastic products, and d2t offers a tracer system to determine the authenticity of plastic packaging and other plastic products. Its geographic areas are the United Kingdom, Europe, the Americas, the Middle East and Asia, and Africa.