Probiotix Health (AQSE:PBX) Interest Expense : £0.00 Mil (TTM As of Jun. 2023)

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What is Probiotix Health Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Probiotix Health'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. Probiotix Health's Operating Income for the six months ended in Jun. 2023 was £ -0.51 Mil. Probiotix Health's Interest Expense for the six months ended in Jun. 2023 was £ 0.00 Mil. Probiotix Health 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.

Probiotix Health Interest Expense Historical Data

The historical data trend for Probiotix Health'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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Probiotix Health Interest Expense Chart

Probiotix Health Annual Data

Trend

Dec18

Dec19

Dec20

Dec22

Interest Expense

-0.05

Probiotix Health Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Jun22	Dec22	Jun23
Interest Expense	Get a 7-Day Free Trial			-0.03	-0.03	-	-	-

Probiotix Health 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.

Probiotix Health (AQSE:PBX) 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.

Probiotix Health'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 £-0.51 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was £0.00 Mil.

Probiotix Health's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Probiotix Health had no long-term debt ⁽¹⁾.

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

Good Sign:

Probiotix Health PLC has no debt.

Probiotix Health (AQSE:PBX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Probiotix Health PLC (AQSE:PBX) » Definitions » Interest Expense

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Traded in Other Exchanges

X90:Germany

Address

Nostell Business Estate, First Floor Zucchi Suite, Wakefield, GBR, WF4 1AB

Website

https://www.probiotixhealth-ir.com

Probiotix Health PLC develops probiotics to tackle cardiovascular disease and other lifestyle conditions which are affecting growing numbers of people across the world. The Company has one class of business, in three geographical areas being that of identifying and developing microbial strains, compounds and formulations for use in the nutraceutical industry.

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