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Eneraqua Technologies (LSE:ETP) Interest Expense : £-0.62 Mil (TTM As of Jul. 2024)


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What is Eneraqua Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Eneraqua Technologies's interest expense for the six months ended in Jul. 2024 was £ -0.29 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jul. 2024 was £-0.62 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. Eneraqua Technologies's Operating Income for the six months ended in Jul. 2024 was £ -3.69 Mil. Eneraqua Technologies's Interest Expense for the six months ended in Jul. 2024 was £ -0.29 Mil. Eneraqua Technologies did not have earnings to cover the interest expense. 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.


Eneraqua Technologies Interest Expense Historical Data

The historical data trend for Eneraqua Technologies'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.

Eneraqua Technologies Interest Expense Chart

Eneraqua Technologies Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Interest Expense
Get a 7-Day Free Trial -0.26 -0.38 -0.37 -0.37 -0.67

Eneraqua Technologies Semi-Annual Data
Jan19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.10 -0.27 -0.34 -0.33 -0.29

Eneraqua Technologies 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 Jul. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.62 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.


Eneraqua Technologies  (LSE:ETP) 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.

Eneraqua Technologies's Interest Expense for the six months ended in Jul. 2024 was £-0.29 Mil. Its Operating Income for the six months ended in Jul. 2024 was £-3.69 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jul. 2024 was £2.90 Mil.

Eneraqua Technologies's Interest Coverage for the quarter that ended in Jul. 2024 is calculated as

Eneraqua Technologies did not have earnings to cover the interest expense.

* 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.


Eneraqua Technologies Business Description

Traded in Other Exchanges
N/A
Address
2 Windmill Street, Fitzrovia, London, GBR, W1T 2HX
Eneraqua Technologies PLC is engaged in the provision of turnkey solutions for decarbonisation through heating and hot water systems for multiple occupancies social housing and commercial projects. Its services are split into two divisions: energy and water. The energy division focuses on clients with end-of-life gas, oil, or electric heating and hot water systems. The water division is a growing service offering focused on water efficiency upgrades utilizing the patented Control Flow HL2024 technology.