Beeks Financial Cloud Group (LSE:BKS) Interest Expense : £-0.32 Mil (TTM As of Dec. 2023)

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What is Beeks Financial Cloud Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Beeks Financial Cloud Group's interest expense for the six months ended in Dec. 2023 was £ -0.21 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was £-0.32 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. Beeks Financial Cloud Group's Operating Income for the six months ended in Dec. 2023 was £ 0.29 Mil. Beeks Financial Cloud Group's Interest Expense for the six months ended in Dec. 2023 was £ -0.21 Mil. Beeks Financial Cloud Group's Interest Coverage for the quarter that ended in Dec. 2023 was 1.35. 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.

Beeks Financial Cloud Group Interest Expense Historical Data

The historical data trend for Beeks Financial Cloud Group'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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Beeks Financial Cloud Group Interest Expense Chart

Beeks Financial Cloud Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-0.09

-0.19

-0.20

-0.24

-0.31

Beeks Financial Cloud Group Semi-Annual Data
	Jun15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial												-0.16	-0.08	-0.20	-0.11	-0.21

Beeks Financial Cloud Group 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 £-0.32 Mil.

Beeks Financial Cloud Group (LSE:BKS) 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.

Beeks Financial Cloud Group's Interest Expense for the six months ended in Dec. 2023 was £-0.21 Mil. Its Operating Income for the six months ended in Dec. 2023 was £0.29 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was £1.27 Mil.

Beeks Financial Cloud Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	0.286	/	-0.212
	=	1.35

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

Beeks Financial Cloud Group (LSE:BKS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beeks Financial Cloud Group PLC (LSE:BKS) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

2 Kings Inch Way, Riverside Building, Renfrew, Renfrew, Renfrewshire, GBR, PA4 8YU

Website

https://www.beeksgroup.com

Beeks Financial Cloud Group PLC is a technology company that provides services like Trading Infrastructure, Managed Cloud, On Demand compute, Connectivity, Analytics and Open Finance to enterprises functioning in capital markets and financial services industry. The operating segments of the company are Public/Private Cloud and Proximity Cloud/Exchange Cloud with the majority of the revenue being generated from the Public/Private Cloud segment. Geographically, the company operates in United Kingdom, Europe, United States and Rest of the world. A substantial portion of its overall revenue is generated from its business in United States.