GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Fulcrum Utility Services Ltd (LSE:FCRM) » Definitions » Interest Expense

Fulcrum Utility Services (LSE:FCRM) Interest Expense : £-0.62 Mil (TTM As of Mar. 2023)


View and export this data going back to 2009. Start your Free Trial

What is Fulcrum Utility Services Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Fulcrum Utility Services's interest expense for the six months ended in Mar. 2023 was £ -0.46 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2023 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. Fulcrum Utility Services's Operating Income for the six months ended in Mar. 2023 was £ -6.47 Mil. Fulcrum Utility Services's Interest Expense for the six months ended in Mar. 2023 was £ -0.46 Mil. Fulcrum Utility Services 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.


Fulcrum Utility Services Interest Expense Historical Data

The historical data trend for Fulcrum Utility Services'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.

Fulcrum Utility Services Interest Expense Chart

Fulcrum Utility Services Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.19 -0.44 -0.28 -0.52 -0.62

Fulcrum Utility Services Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
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 -0.17 -0.26 -0.27 -0.16 -0.46

Fulcrum Utility Services 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 Mar. 2023 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.


Fulcrum Utility Services  (LSE:FCRM) 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.

Fulcrum Utility Services's Interest Expense for the six months ended in Mar. 2023 was £-0.46 Mil. Its Operating Income for the six months ended in Mar. 2023 was £-6.47 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2023 was £2.20 Mil.

Fulcrum Utility Services's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Fulcrum Utility Services 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.


Fulcrum Utility Services (LSE:FCRM) Business Description

Traded in Other Exchanges
N/A
Address
2 Europa View, Sheffield Business Park, Sheffield, South Yorkshire, GBR, S9 1XH
Fulcrum Utility Services Ltd is an independent multi-utility infrastructure and services provider. The principal activities are the provision of unregulated utility connections and independent gas transportation services in the United Kingdom. The company designs and project manages utility connections for customers seeking either new connections or the alteration or refurbishment of existing connections ranging from single-site alterations to multi-utility and multi-site new connections. It has two operating segments namely Infrastructure: Design and Build and Utility assets: Own and Operate. The company generates maximum revenue from Infrastructure: Design and Build segment. Geographically, it derives revenue from the United Kingdom.

Fulcrum Utility Services (LSE:FCRM) Headlines

No Headlines