QANTM Intellectual Property (ASX:QIP) Interest Expense : A$-3.5 Mil (TTM As of Dec. 2023)

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What is QANTM Intellectual Property Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. QANTM Intellectual Property's interest expense for the six months ended in Dec. 2023 was A$ -1.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-3.5 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. QANTM Intellectual Property's Operating Income for the six months ended in Dec. 2023 was A$ 11.4 Mil. QANTM Intellectual Property's Interest Expense for the six months ended in Dec. 2023 was A$ -1.7 Mil. QANTM Intellectual Property's Interest Coverage for the quarter that ended in Dec. 2023 was 6.77. 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.

QANTM Intellectual Property Interest Expense Historical Data

The historical data trend for QANTM Intellectual Property'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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QANTM Intellectual Property Interest Expense Chart

QANTM Intellectual Property Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-0.96

-1.54

-1.61

-2.36

-3.60

QANTM Intellectual Property Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial										-1.13	-1.23	-1.83	-1.77	-1.68

QANTM Intellectual Property 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$-3.5 Mil.

QANTM Intellectual Property (ASX:QIP) 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.

QANTM Intellectual Property's Interest Expense for the six months ended in Dec. 2023 was A$-1.7 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$11.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$32.3 Mil.

QANTM Intellectual Property's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	11.404	/	-1.684
	=	6.77

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

QANTM Intellectual Property (ASX:QIP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » QANTM Intellectual Property Ltd (ASX:QIP) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

1 Nicholson Street, Level 15, Melbourne, VIC, AUS, 3002

Website

https://www.qantmip.com

QANTM Intellectual Property Ltd is the holding company of intellectual property companies. The company through intellectual property companies provides IP services to a range of Australian and international clients ranging from start-up technology businesses to Fortune 500 multinationals, public research institutions, and universities. The company has identified its operating segments based on geographical locations being Australia and Asia. A substantial portion of its overall revenue is generated from the Australia segment.

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