GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » FireAngel Safety Technology Group PLC (LSE:FA.) » Definitions » Interest Expense

FireAngelfety Technology Group (LSE:FA.) Interest Expense : £-0.75 Mil (TTM As of Jun. 2023)


View and export this data going back to 2014. Start your Free Trial

What is FireAngelfety Technology Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. FireAngelfety Technology Group's interest expense for the six months ended in Jun. 2023 was £ -0.37 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was £-0.75 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. FireAngelfety Technology Group's Operating Income for the six months ended in Jun. 2023 was £ -3.60 Mil. FireAngelfety Technology Group's Interest Expense for the six months ended in Jun. 2023 was £ -0.37 Mil. FireAngelfety Technology Group 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.


FireAngelfety Technology Group Interest Expense Historical Data

The historical data trend for FireAngelfety Technology 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.

* Premium members only.

FireAngelfety Technology Group Interest Expense Chart

FireAngelfety Technology Group 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 -0.11 -0.31 -0.28 -0.12 -0.42

FireAngelfety Technology Group 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 -0.10 -0.02 -0.04 -0.38 -0.37

FireAngelfety Technology 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.75 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.


FireAngelfety Technology Group  (LSE:FA.) 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.

FireAngelfety Technology Group's Interest Expense for the six months ended in Jun. 2023 was £-0.37 Mil. Its Operating Income for the six months ended in Jun. 2023 was £-3.60 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was £2.11 Mil.

FireAngelfety Technology Group's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

FireAngelfety Technology Group 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.


FireAngelfety Technology Group (LSE:FA.) Business Description

Traded in Other Exchanges
Address
Sir William Lyons Road, The `Vanguard Centre, Coventry, West Midlands, GBR, CV4 7EZ
FireAngel Safety Technology Group PLC is a UK-based company, which is focused on providing market-foremost smoke detectors, carbon monoxide detectors, and other home safety products. Geographically, it derives majority of its revenue from the United Kingdom and has a presence throughout Continental Europe. It generates revenue from an operation such as International, Trade, Retail, Fire and Rescue Services, Utilities, and Pace Sensors. The company offers products under various brands which include FireAngel, AngelEye, FireAngel Pro, FireAngel Connect, and Pace Sensors.

FireAngelfety Technology Group (LSE:FA.) Headlines

No Headlines