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Aeris Environmental (ASX:AEI) Interest Expense : A$-0.04 Mil (TTM As of Dec. 2023)


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What is Aeris Environmental Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aeris Environmental's interest expense for the six months ended in Dec. 2023 was A$ -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-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. Aeris Environmental's Operating Income for the six months ended in Dec. 2023 was A$ -1.91 Mil. Aeris Environmental's Interest Expense for the six months ended in Dec. 2023 was A$ -0.03 Mil. Aeris Environmental 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.


Aeris Environmental Interest Expense Historical Data

The historical data trend for Aeris Environmental'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.

Aeris Environmental Interest Expense Chart

Aeris Environmental Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 -0.04 -0.06 -0.01 -0.05

Aeris Environmental Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -0.02 0.01 -0.03 -0.02 -0.03

Aeris Environmental 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-0.04 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.


Aeris Environmental  (ASX:AEI) 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.

Aeris Environmental's Interest Expense for the six months ended in Dec. 2023 was A$-0.03 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-1.91 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$0.05 Mil.

Aeris Environmental's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Aeris Environmental 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.


Aeris Environmental (ASX:AEI) Business Description

Traded in Other Exchanges
N/A
Address
Unit 5, 26-34 Dunning Avenue, Level 1, Rosebery, Sydney, NSW, AUS, 2018
Aeris Environmental Ltd is engaged in the research, development, commercialization of proprietary technologies, and distribution of the AerisGuard products and provides HVAC/R Hygiene and Remediation Technology, and Energy Efficiency services. The company provides various solutions and products such as Aerisview, Aerisguard Polymers, Aeris Smarthub, Bioactive Coil Treatment, Multi Enzyme Coil Cleaner, Surface Treatment, HD Cleaner, and others. Its geographic reportable segments are Australia and International. The company generates a majority of its revenue from Australia.

Aeris Environmental (ASX:AEI) Headlines

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