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Optiscan Imaging (ASX:OIL) Interest Expense : A$-0.03 Mil (TTM As of Dec. 2023)


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What is Optiscan Imaging Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Optiscan Imaging's interest expense for the six months ended in Dec. 2023 was A$ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.03 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. Optiscan Imaging's Operating Income for the six months ended in Dec. 2023 was A$ -4.06 Mil. Optiscan Imaging's Interest Expense for the six months ended in Dec. 2023 was A$ -0.01 Mil. Optiscan Imaging 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.


Optiscan Imaging Interest Expense Historical Data

The historical data trend for Optiscan Imaging'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.

Optiscan Imaging Interest Expense Chart

Optiscan Imaging 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 - -0.06 -0.06 -0.03 -0.03

Optiscan Imaging 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 -0.02 -0.02 -0.02 -0.01

Optiscan Imaging 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$-0.03 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.


Optiscan Imaging  (ASX:OIL) 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.

Optiscan Imaging's Interest Expense for the six months ended in Dec. 2023 was A$-0.01 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-4.06 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$0.08 Mil.

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

Optiscan Imaging 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.


Optiscan Imaging (ASX:OIL) Business Description

Traded in Other Exchanges
N/A
Address
16 Miles Street, Mulgrave, Melbourne, VIC, AUS, 3170
Optiscan Imaging Ltd is engaged in the development, manufacture, and commercialization of endomicroscopic digital imaging technology solutions for medical, translational, and pre-clinical applications. Its technology offers real-time, 3D, in vivo imaging at the single-cell level, in a non-destructive manner that enables clinicians to make immediate informed decisions. Its products include InVivage, ViewnVivo, and Customisation.

Optiscan Imaging (ASX:OIL) Headlines

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