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DUG Technology (ASX:DUG) Interest Expense : A$-0.38 Mil (TTM As of Jun. 2024)


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What is DUG Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. DUG Technology's interest expense for the six months ended in Jun. 2024 was A$ -0.04 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was A$-0.38 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. DUG Technology's Operating Income for the six months ended in Jun. 2024 was A$ 5.99 Mil. DUG Technology's Interest Expense for the six months ended in Jun. 2024 was A$ -0.04 Mil. DUG Technology's Interest Coverage for the quarter that ended in Jun. 2024 was 153.49. 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.


DUG Technology Interest Expense Historical Data

The historical data trend for DUG Technology'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.

DUG Technology Interest Expense Chart

DUG Technology Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Interest Expense
-3.42 -1.09 -0.51 -0.38

DUG Technology Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Interest Expense Get a 7-Day Free Trial Premium Member Only -0.56 -0.27 -0.24 -0.34 -0.04

DUG Technology 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$-0.38 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.


DUG Technology  (ASX:DUG) 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.

DUG Technology's Interest Expense for the six months ended in Jun. 2024 was A$-0.04 Mil. Its Operating Income for the six months ended in Jun. 2024 was A$5.99 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was A$36.87 Mil.

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

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*5.986/-0.039
=153.49

* 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.


DUG Technology Business Description

Traded in Other Exchanges
Address
76 Kings Park Road, West Perth, Perth, WA, AUS, 6005
DUG Technology Ltd is a technology company providing high performance computing as a service (HPCaaS), scientific data analysis services, and software solutions for the technology and resource sectors. Also, the company offers data management, multi-tiered support for optimising third-party algorithms, and integrated scientific software and services. The company has Three reportable segments which includes HPCaaS, Services, and Software segments and the company generates majority of its revenue from services segment.

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