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FD Technologies (AQSE:FDP.GB) Interest Expense : £-4.0 Mil (TTM As of Feb. 2024)


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What is FD Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. FD Technologies's interest expense for the six months ended in Feb. 2024 was £ -1.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was £-4.0 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. FD Technologies's Operating Income for the six months ended in Feb. 2024 was £ 1.3 Mil. FD Technologies's Interest Expense for the six months ended in Feb. 2024 was £ -1.6 Mil. FD Technologies's Interest Coverage for the quarter that ended in Feb. 2024 was 0.81. 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.


FD Technologies Interest Expense Historical Data

The historical data trend for FD 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.

FD Technologies Interest Expense Chart

FD Technologies Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.67 -4.18 -3.02 -4.78 -3.97

FD Technologies Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 -1.00 -1.72 -3.06 -2.36 -1.61

FD 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 Feb. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-4.0 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.


FD Technologies  (AQSE:FDP.GB) 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.

FD Technologies's Interest Expense for the six months ended in Feb. 2024 was £-1.6 Mil. Its Operating Income for the six months ended in Feb. 2024 was £1.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Feb. 2024 was £44.1 Mil.

FD Technologies's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Feb. 2024 )/Interest Expense (Q: Feb. 2024 )
=-1*1.306/-1.612
=0.81

* 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.


FD Technologies (AQSE:FDP.GB) Business Description

Traded in Other Exchanges
Address
3 Canal Quay, Brian Conlon House, Newry, County Down, GBR, BT35 6BP
FD Technologies PLC is a group of data-driven businesses that unlock the value of insight, hindsight, and foresight to drive organizations forward. It comprises KX, the technology for real-time continuous intelligence; First Derivative, a provider of technology-led services in capital markets; and MRP, the enterprise-class, predictive Accounts Based Marketing solution. The Group has determined that its reportable segments are KX, First Derivative, and MRP. First Derivative (FD) segment provides technology and data services in its primary market of Financial Services. The majority of revenue is from the FD segment.

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