Futures Capital AD (XBUL:FCAD) Interest Expense : лв-0.45 Mil (TTM As of Jun. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Futures Capital AD Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Futures Capital AD's interest expense for the six months ended in Jun. 2023 was лв -0.24 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was лв-0.45 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. Futures Capital AD's Operating Income for the six months ended in Jun. 2023 was лв 0.72 Mil. Futures Capital AD's Interest Expense for the six months ended in Jun. 2023 was лв -0.24 Mil. Futures Capital AD's Interest Coverage for the quarter that ended in Jun. 2023 was 3.04. 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.

Futures Capital AD Interest Expense Historical Data

The historical data trend for Futures Capital AD'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.

Futures Capital AD Interest Expense Chart

Futures Capital AD Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

Get a 7-Day Free Trial

-0.49

-0.51

-0.48

-0.52

Futures Capital AD Semi-Annual Data
	Dec11	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Interest Expense	Get a 7-Day Free Trial															-0.21	-0.27	-0.31	-0.22	-0.24

Futures Capital AD 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 лв-0.45 Mil.

Futures Capital AD (XBUL:FCAD) 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.

Futures Capital AD's Interest Expense for the six months ended in Jun. 2023 was лв-0.24 Mil. Its Operating Income for the six months ended in Jun. 2023 was лв0.72 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was лв8.51 Mil.

Futures Capital AD's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2023 )	/	Interest Expense (Q: Jun. 2023 )
	=	-1	*	0.717	/	-0.236
	=	3.04

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. Futures Capital AD interest coverage is 1.08, which is low.

Futures Capital AD (XBUL:FCAD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Futures Capital AD (XBUL:FCAD) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

70B Ing. Ivan Ivanov Boulevard, Floor 3, Sofia, BGR, 1303

Website

http://www.futures-capital.com

Futures Capital AD provides foreign direct investments in the real estate, leisure, healthcare, infrastructure, energy, and technology sectors.

Futures Capital AD (XBUL:FCAD) Headlines

No Headlines