Alcidion Group (ASX:ALC) Interest Expense : A$-0.10 Mil (TTM As of Jun. 2024)

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What is Alcidion Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alcidion Group's interest expense for the six months ended in Jun. 2024 was A$ -0.05 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was A$-0.10 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. Alcidion Group's Operating Income for the six months ended in Jun. 2024 was A$ -4.12 Mil. Alcidion Group's Interest Expense for the six months ended in Jun. 2024 was A$ -0.05 Mil. Alcidion Group 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.

Alcidion Group Interest Expense Historical Data

The historical data trend for Alcidion Group'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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Alcidion Group Interest Expense Chart

Alcidion Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Interest Expense

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-0.07

-0.13

-0.10

Alcidion Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	Get a 7-Day Free Trial															-0.04	-0.06	-0.06	-0.05	-0.05

Alcidion Group 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-0.10 Mil.

Alcidion Group (ASX:ALC) 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.

Alcidion Group's Interest Expense for the six months ended in Jun. 2024 was A$-0.05 Mil. Its Operating Income for the six months ended in Jun. 2024 was A$-4.12 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was A$1.00 Mil.

Alcidion Group's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Alcidion Group did not have earnings to cover the interest expense.

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

Alcidion Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Alcidion Group Ltd (ASX:ALC) » Definitions » Interest Expense

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Address

9 Yarra Street, Level 10, South Yarra, Melbourne, VIC, AUS, 3141

Website

https://www.alcidion.com

Alcidion Group Ltd is a provider of intelligent informatics software. The company builds, sells, delivers, runs, and supports solutions for healthcare provider organizations. It offers solutions such as Miya ED, Miya Patient Flow, Miya Revenue and Reimbursement, Smartpage, and others. Geographically, it derives a majority of its revenue from Australia/New Zealand and also has a presence in the United Kingdom.