Ilika (AQSE:IKA.GB) Interest Expense : £-0.04 Mil (TTM As of Oct. 2023)

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

What is Ilika Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ilika's interest expense for the six months ended in Oct. 2023 was £ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2023 was £-0.04 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. Ilika's Operating Income for the six months ended in Oct. 2023 was £ -3.09 Mil. Ilika's Interest Expense for the six months ended in Oct. 2023 was £ -0.02 Mil. Ilika 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.

Ilika Interest Expense Historical Data

The historical data trend for Ilika'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.

Ilika Interest Expense Chart

Ilika Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Interest Expense

Get a 7-Day Free Trial

-0.01

-0.03

-0.04

Ilika Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Interest Expense	Get a 7-Day Free Trial															-0.02	-0.02	-0.02	-0.02	-0.02

Ilika 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 Oct. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.04 Mil.

Ilika (AQSE:IKA.GB) 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.

Ilika's Interest Expense for the six months ended in Oct. 2023 was £-0.02 Mil. Its Operating Income for the six months ended in Oct. 2023 was £-3.09 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Oct. 2023 was £0.32 Mil.

Ilika's Interest Coverage for the quarter that ended in Oct. 2023 is calculated as

Ilika did not have earnings to cover the interest expense.

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

Ilika (AQSE:IKA.GB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ilika PLC (AQSE:IKA.GB) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

ILIKF:USA IKA:UK I8A:Germany

Address

Unit 10a, The Quadrangle, Abbey Park Industrial Estate, Romsey, GBR, SO51 9DL

Website

https://www.ilika.com

Ilika PLC is a pioneer in solid-state battery technology with its innovative Stereax micro batteries designed for Industrial IoT and MedTech markets. It also offers Goliath large format batteries for the electric vehicle and consumer electronics markets. Ilika works closely with its ecosystem of partners to provide customisable Stereax micro batteries that provide the specific power requirements to IoT or MedTech applications. Stereax battery technology offers compelling advantages over conventional lithium-ion batteries, including smaller footprint, high energy density, non-toxic materials, faster charging, increased cycle life, low leakage and reduced flammability. Stereax solid state batteries are also customisable in shape and form, stackable and operational at high temperatures.

Ilika (AQSE:IKA.GB) Headlines

No Headlines