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Fintel (LSE:FNTL) Interest Expense : £-0.80 Mil (TTM As of Dec. 2023)


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What is Fintel Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Fintel's interest expense for the six months ended in Dec. 2023 was £ -0.50 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was £-0.80 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. Fintel's Operating Income for the six months ended in Dec. 2023 was £ 5.60 Mil. Fintel's Interest Expense for the six months ended in Dec. 2023 was £ -0.50 Mil. Fintel's Interest Coverage for the quarter that ended in Dec. 2023 was 11.20. 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.


Fintel Interest Expense Historical Data

The historical data trend for Fintel'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.

Fintel Interest Expense Chart

Fintel Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only -1.28 -1.30 -0.70 -0.40 -0.80

Fintel Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -0.20 -0.30 -0.10 -0.30 -0.50

Fintel 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.80 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.


Fintel  (LSE:FNTL) 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.

Fintel's Interest Expense for the six months ended in Dec. 2023 was £-0.50 Mil. Its Operating Income for the six months ended in Dec. 2023 was £5.60 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was £12.20 Mil.

Fintel's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*5.6/-0.5
=11.20

* 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.


Fintel (LSE:FNTL) Business Description

Traded in Other Exchanges
N/A
Address
Saint Andrews Road, Fintel House, Huddersfield, West Yorkshire, GBR, HD1 6NA
Fintel PLC is engaged in leading UK retail financial services in the provision of financial data and expert intelligence embedded in digital technologies. The Company's principal activity is the provision of Fintech and support services to the UK retail financial services sector. The company's segment includes Intermediary Services; Distribution Channels and Fintech and Research. It generates maximum revenue from the Intermediary Services segment. Intermediary Services provides compliance and regulation services to individual financial intermediary Member Firms, including directly authorised IFAs, directly authorised mortgage advisers, workplace consultants and directly authorised wealth managers.

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