HiWave Technologies (LSE:HIW) Interest Expense : £-0.01 Mil (TTM As of Sep. 2012)

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What is HiWave Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. HiWave Technologies's interest expense for the six months ended in Sep. 2012 was £ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2012 was £-0.01 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. HiWave Technologies's Operating Income for the six months ended in Sep. 2012 was £ -1.52 Mil. HiWave Technologies's Interest Expense for the six months ended in Sep. 2012 was £ -0.01 Mil. HiWave 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.

HiWave Technologies Interest Expense Historical Data

The historical data trend for HiWave 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.

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HiWave Technologies Interest Expense Chart

HiWave Technologies Annual Data

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Interest Expense

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-0.01

HiWave Technologies Semi-Annual Data
	Dec02	Jun03	Dec03	Jun04	Dec04	Jun05	Dec05	Jun06	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Mar12	Sep12
Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-0.01

HiWave 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 Sep. 2012 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.01 Mil.

HiWave Technologies (LSE:HIW) 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.

HiWave Technologies's Interest Expense for the six months ended in Sep. 2012 was £-0.01 Mil. Its Operating Income for the six months ended in Sep. 2012 was £-1.52 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2012 was £0.00 Mil.

HiWave Technologies's Interest Coverage for the quarter that ended in Sep. 2012 is calculated as

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

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

Good Sign:

HiWave Technologies PLC has no debt.