Bowen Fintech (LSE:BWN) Interest Expense : £0.00 Mil (TTM As of Oct. 2023)

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What is Bowen Fintech Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bowen Fintech's interest expense for the six months ended in Oct. 2023 was £ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2023 was £0.00 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. Bowen Fintech's Operating Income for the six months ended in Oct. 2023 was £ -0.05 Mil. Bowen Fintech's Interest Expense for the six months ended in Oct. 2023 was £ 0.00 Mil. Bowen Fintech 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.

Bowen Fintech Interest Expense Historical Data

The historical data trend for Bowen Fintech'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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Bowen Fintech Interest Expense Chart

Bowen Fintech Annual Data

Trend

Apr22

Apr23

Interest Expense

Bowen Fintech Semi-Annual Data
	Apr22	Oct22	Apr23	Oct23
Interest Expense	-	-	-	-

Bowen Fintech 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 Oct. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.00 Mil.

Bowen Fintech (LSE:BWN) 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.

Bowen Fintech's Interest Expense for the six months ended in Oct. 2023 was £0.00 Mil. Its Operating Income for the six months ended in Oct. 2023 was £-0.05 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Oct. 2023 was £0.00 Mil.

Bowen Fintech's Interest Coverage for the quarter that ended in Oct. 2023 is calculated as

Bowen Fintech had no long-term debt ⁽¹⁾.

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

Good Sign:

Bowen Fintech PLC has no debt.

Bowen Fintech (LSE:BWN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Bowen Fintech PLC (LSE:BWN) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

C/o Ince Gordon Dadds LLP, 2 Leman Street, Aldgate Tower, London, GBR, E1 8QN

Website

https://www.ukbowen.com

Bowen Fintech PLC objective is to undertake an acquisition of a target company or asset in the technology innovations sector with a particular focus on the financial services industry.