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i(x) Net Zero (i(x) Net Zero) Interest Expense : $-0.05 Mil (TTM As of Jun. 2023)


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What is i(x) Net Zero Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. i(x) Net Zero's interest expense for the three months ended in Jun. 2023 was $ -0.04 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-0.05 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. i(x) Net Zero's Operating Income for the three months ended in Jun. 2023 was $ -2.58 Mil. i(x) Net Zero's Interest Expense for the three months ended in Jun. 2023 was $ -0.04 Mil. i(x) Net Zero 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.


i(x) Net Zero Interest Expense Historical Data

The historical data trend for i(x) Net Zero'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.

i(x) Net Zero Interest Expense Chart

i(x) Net Zero Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
-0.10 -0.07 -0.05 -0.04 -0.03

i(x) Net Zero Quarterly Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Interest Expense Get a 7-Day Free Trial Premium Member Only - -0.04 -0.02 -0.01 -0.04

i(x) Net Zero 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.05 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.


i(x) Net Zero  (OTCPK:IXNZF) 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.

i(x) Net Zero's Interest Expense for the three months ended in Jun. 2023 was $-0.04 Mil. Its Operating Income for the three months ended in Jun. 2023 was $-2.58 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was $0.83 Mil.

i(x) Net Zero's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

i(x) Net Zero 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.


i(x) Net Zero (i(x) Net Zero) Business Description

Traded in Other Exchanges
Address
44 Esplanade Street, 3rd Floor, St Helier, JEY, JE4 9WG
i(x) Net Zero PLC is an investment company that focuses on Energy Transition and Sustainability in the Built Environment. It provides its shareholders with the opportunity to create long-term capital growth with a positive, scalable, measurable, and sustainable impact on the environment and on the communities it serves.

i(x) Net Zero (i(x) Net Zero) Headlines

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