ACP Energy (FRA:DU5) Interest Expense : € Mil (TTM As of Dec. 2022)

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What is ACP Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ACP Energy's interest expense for the six months ended in Dec. 2022 was € 0.00 Mil. ACP Energy does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2022.

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. ACP Energy's Operating Income for the six months ended in Dec. 2022 was € -0.47 Mil. ACP Energy's Interest Expense for the six months ended in Dec. 2022 was € 0.00 Mil. ACP Energy has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

ACP Energy Interest Expense Historical Data

The historical data trend for ACP Energy'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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ACP Energy Interest Expense Chart

ACP Energy Annual Data

Trend

Interest Expense

ACP Energy Semi-Annual Data
	Dec21	Dec22
Interest Expense	-	-

ACP Energy Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

ACP Energy (FRA:DU5) 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.

ACP Energy's Interest Expense for the six months ended in Dec. 2022 was €0.00 Mil. Its Operating Income for the six months ended in Dec. 2022 was €-0.47 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2022 was €0.00 Mil.

ACP Energy's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

ACP Energy had no long-term debt ⁽¹⁾.

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

ACP Energy (FRA:DU5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » ACP Energy PLC (FRA:DU5) » Definitions » Interest Expense

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Address

21 High Street, Lutterworth, GBR, LE17 4AT

Website

https://www.acpenergyplc.com

ACP Energy PLC was formed to acquire one or more target companies or businesses. The resulting investment may be in a company, partnership, special purpose vehicle or joint venture. It will focus on opportunities within the upstream oil and gas industry, such as exploration, appraisal, development or production of oil and gas, particularly projects with identified oil and/or natural gas reserves and/or resources.

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