Clean Seas Seafood (Clean Seas Seafood) Interest Expense : $-0.28 Mil (TTM As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Clean Seas Seafood Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Clean Seas Seafood's interest expense for the six months ended in Dec. 2023 was $ -0.24 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.28 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. Clean Seas Seafood's Operating Income for the six months ended in Dec. 2023 was $ -9.20 Mil. Clean Seas Seafood's Interest Expense for the six months ended in Dec. 2023 was $ -0.24 Mil. Clean Seas Seafood 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.

Clean Seas Seafood Interest Expense Historical Data

The historical data trend for Clean Seas Seafood'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.

Clean Seas Seafood Interest Expense Chart

Clean Seas Seafood Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

Get a 7-Day Free Trial

-0.10

-0.82

-0.96

-0.48

-0.20

Clean Seas Seafood 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															-0.47	-0.01	-0.17	-0.03	-0.24

Clean Seas Seafood 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 $-0.28 Mil.

Clean Seas Seafood (OTCPK:CTUNF) 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.

Clean Seas Seafood's Interest Expense for the six months ended in Dec. 2023 was $-0.24 Mil. Its Operating Income for the six months ended in Dec. 2023 was $-9.20 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $3.86 Mil.

Clean Seas Seafood's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Clean Seas Seafood did not have earnings to cover the interest expense.

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

Clean Seas Seafood (Clean Seas Seafood) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Clean Seas Seafood Ltd (OTCPK:CTUNF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

CSS:Norway C7S:Germany CSS:Australia

Address

7 Frederick Road, Royal Park, Adelaide, SA, AUS, 5014

Website

https://www.cleanseas.com.au

Clean Seas Seafood Ltd is engaged in full-cycle breeding, production, and sale of Yellowtail Kingfish. The company's operating segments are Finfish Sales and Tuna Operations. It generates a majority of its revenue from the Finfish sales segment. The fish sales segment includes Yellowtail Kingfish, Mulloway, and some wild caught Tuna. Geographically, it derives a majority of its revenue from Australia and also has a presence in Europe and Other countries.

Clean Seas Seafood (Clean Seas Seafood) Headlines

From GuruFocus

Clean Seas Seafood Ltd Extraordinary Shareholders Meeting Transcript

By GuruFocus Research • 02-13-2024

Full Year 2022 Clean Seas Seafood Ltd Earnings Presentation Transcript

By GuruFocus Research • 02-13-2024

Full Year 2022 Clean Seas Seafood Ltd Earnings Presentation Transcript

By GuruFocus Research • 02-13-2024