ClearDebt Group (LSE:CLEA) Interest Expense : £-0.59 Mil (TTM As of Dec. 2012)

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What is ClearDebt Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ClearDebt Group's interest expense for the six months ended in Dec. 2012 was £ -0.30 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2012 was £-0.59 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. ClearDebt Group's Operating Income for the six months ended in Dec. 2012 was £ 0.42 Mil. ClearDebt Group's Interest Expense for the six months ended in Dec. 2012 was £ -0.30 Mil. ClearDebt Group's Interest Coverage for the quarter that ended in Dec. 2012 was 1.41. 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.

ClearDebt Group Interest Expense Historical Data

The historical data trend for ClearDebt 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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ClearDebt Group Interest Expense Chart

ClearDebt Group Annual Data

Trend

Dec02

Dec03

Dec04

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Interest Expense

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-0.12

-0.13

-0.21

-0.53

-0.59

ClearDebt Group Semi-Annual Data
	Jun03	Dec03	Jun04	Dec04	Jun05	Dec05	Jun06	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12
Interest Expense	Get a 7-Day Free Trial															-0.26	-	-0.30	-0.29	-0.30

ClearDebt 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. 2012 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.59 Mil.

ClearDebt Group (LSE:CLEA) 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.

ClearDebt Group's Interest Expense for the six months ended in Dec. 2012 was £-0.30 Mil. Its Operating Income for the six months ended in Dec. 2012 was £0.42 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2012 was £0.00 Mil.

ClearDebt Group's Interest Coverage for the quarter that ended in Dec. 2012 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2012 )	/	Interest Expense (Q: Dec. 2012 )
	=	-1	*	0.422	/	-0.299
	=	1.41

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

Warning Sign:

Ben Graham prefers companies interest coverage is at least 5. ClearDebt Group PLC interest coverage is 2.4, which is low.

ClearDebt Group (LSE:CLEA) Business Description

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