abrdn Diversifiedome and Growth (LSE:ADIG) Interest Expense : £-1.05 Mil (TTM As of Sep. 2023)

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What is abrdn Diversifiedome and Growth Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. abrdn Diversifiedome and Growth's interest expense for the six months ended in Sep. 2023 was £ -0.53 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was £-1.05 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. abrdn Diversifiedome and Growth's Operating Income for the six months ended in Sep. 2023 was £ Mil. abrdn Diversifiedome and Growth's Interest Expense for the six months ended in Sep. 2023 was £ Mil. 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.

abrdn Diversifiedome and Growth Interest Expense Historical Data

The historical data trend for abrdn Diversifiedome and Growth'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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abrdn Diversifiedome and Growth Interest Expense Chart

abrdn Diversifiedome and Growth Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Expense

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-3.78

-3.79

-25.16

-1.07

-1.05

abrdn Diversifiedome and Growth Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Interest Expense	Get a 7-Day Free Trial															-0.53	-0.52	-0.54	-0.52	-0.53

abrdn Diversifiedome and Growth 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-1.05 Mil.

abrdn Diversifiedome and Growth (LSE:ADIG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » abrdn Diversified Income and Growth PLC (LSE:ADIG) » Definitions » Interest Expense

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ADIGl:UK

Address

1 George Street, Edinburgh, GBR, EH2 2LL

Website

https://www.aberdeendiversified.co.uk

abrdn Diversified Income and Growth PLC is an investment trust. Its investment objective is a total portfolio return of LIBOR (London Interbank Offered Rate) plus 5.5% per annum (net of fees) over rolling five-year periods. It invests globally using a flexible multi-asset approach via quoted and unquoted investments. The company holds a diversified portfolio of financial instruments such as UK Equity Portfolio, Overseas Equity Income Sleeve, Fixed Income, Listed Alternatives, Cash and Cash Equivalents. The company has not restricted the exposure of investments for any geographical regions or sectors and will achieve an appropriate spread of risk by investing in a diversified portfolio of securities and other assets.

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