Synertec (ASX:SOP) Interest Expense : A$-0.45 Mil (TTM As of Dec. 2024)

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What is Synertec Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Synertec's interest expense for the six months ended in Dec. 2024 was A$ -0.42 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was A$-0.45 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. Synertec's Operating Income for the six months ended in Dec. 2024 was A$ -4.06 Mil. Synertec's Interest Expense for the six months ended in Dec. 2024 was A$ -0.42 Mil. Synertec 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.

Synertec Interest Expense Historical Data

The historical data trend for Synertec'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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Synertec Interest Expense Chart

Synertec Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Interest Expense

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-0.06

-0.05

-0.14

-0.13

Synertec Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial															-0.07	-0.07	-0.10	-0.03	-0.42

Synertec 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-0.45 Mil.

Synertec (ASX:SOP) 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.

Synertec's Interest Expense for the six months ended in Dec. 2024 was A$-0.42 Mil. Its Operating Income for the six months ended in Dec. 2024 was A$-4.06 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was A$3.09 Mil.

Synertec's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Synertec did not have earnings to cover the interest expense.

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

Synertec Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Synertec Corp Ltd (ASX:SOP) » Definitions » Interest Expense

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Address

2 Church Street, Clarendon House, Hamilton, BMU, HM11

Website

https://www.synertec.com.au

Synertec Corp Ltd is a technology design and development growth company enabling a low-carbon future through technology solutions. It is engaged in commercializing scalable, environmentally friendly, and energy-efficient technology for markets in energy, critical infrastructure, and advanced manufacturing. Some of the services provided by the company are; systems engineering, validation engineering, metering and sampling solutions, and providing renewable energy grid support among others. Its business segments are; Engineering which derives maximum revenue, and Technology. Geographically, the company's services are provided across Australia and overseas through offices in Melbourne and Perth.