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KRM22 (KRMCF) Interest Expense : $-0.58 Mil (TTM As of Jun. 2024)


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What is KRM22 Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. KRM22's interest expense for the six months ended in Jun. 2024 was $ -0.33 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was $-0.58 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. KRM22's Operating Income for the six months ended in Jun. 2024 was $ -1.28 Mil. KRM22's Interest Expense for the six months ended in Jun. 2024 was $ -0.33 Mil. KRM22 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.

KRM22 Interest Expense Historical Data

The historical data trend for KRM22'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.

KRM22 Interest Expense Chart

KRM22 Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -0.26 -0.44 -0.59 -0.78 -0.45

KRM22 Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.26 -0.52 -0.20 -0.25 -0.33

KRM22 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.58 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.

KRM22  (OTCPK:KRMCF) 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.

KRM22's Interest Expense for the six months ended in Jun. 2024 was $-0.33 Mil. Its Operating Income for the six months ended in Jun. 2024 was $-1.28 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was $5.07 Mil.

KRM22's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

KRM22 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.

KRM22 Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » KRM22 PLC (OTCPK:KRMCF) » Definitions » Interest Expense
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Traded in Other Exchanges
KRM:UK
Address
5 Ireland Yard, London, GBR, EC4V 5EH
Website
https://www.krm22.com
KRM22 PLC is a closed-ended investment company. Its objective is to create value for its investors through the investment in, and subsequent growth and development of, target companies in the technology and software sector, with a focus on risk management in capital markets. The company is engaged in developing and investing in risk tools to support enterprise, market, compliance, operational, and technology risks. The company intends to invest and take controlling stakes in businesses or minority stakes that are intended to create value for investors. Geographically, the company derives the majority of its revenue from the USA and also has a presence in Europe, the UK, and the Rest of the world.