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Caspian Sunrise (LSE:CASP) Interest Expense : £-0.40 Mil (TTM As of Jun. 2023)


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What is Caspian Sunrise Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Caspian Sunrise's interest expense for the six months ended in Jun. 2023 was £ -0.19 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was £-0.40 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. Caspian Sunrise's Operating Income for the six months ended in Jun. 2023 was £ 6.42 Mil. Caspian Sunrise's Interest Expense for the six months ended in Jun. 2023 was £ -0.19 Mil. Caspian Sunrise's Interest Coverage for the quarter that ended in Jun. 2023 was 33.10. 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.


Caspian Sunrise Interest Expense Historical Data

The historical data trend for Caspian Sunrise'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.

Caspian Sunrise Interest Expense Chart

Caspian Sunrise Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.28 -0.35 -0.79 -0.65 -0.48

Caspian Sunrise Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.09 -0.55 -0.27 -0.21 -0.19

Caspian Sunrise 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 semi-annually data reported by the company within the most recent 12 months, which was £-0.40 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.


Caspian Sunrise  (LSE:CASP) 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.

Caspian Sunrise's Interest Expense for the six months ended in Jun. 2023 was £-0.19 Mil. Its Operating Income for the six months ended in Jun. 2023 was £6.42 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was £0.00 Mil.

Caspian Sunrise's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2023 )/Interest Expense (Q: Jun. 2023 )
=-1*6.422/-0.194
=33.10

* 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.


Caspian Sunrise (LSE:CASP) Business Description

Traded in Other Exchanges
Address
152-A, Karasai Batyra Street, 7th Floor, Almaty, KAZ, 050026
Caspian Sunrise PLC is a UK-based company. Its principal activities are the exploration and production of crude oil in Kazakhstan. The company's operations include BNG located in the west of Kazakhstan, Munaily field which is located in the Atyrau Oblast and Beibars which is situated on the Caspian shoreline south of the city of Aktau. Its revenues are derived from the sale of oil in Kazakhstan. Geographically, it operates only in Kazakhstan.

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