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Ingenious Entertainment VCT 2 (LSE:IEV2) Interest Expense : £0.00 Mil (TTM As of Jun. 2018)


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What is Ingenious Entertainment VCT 2 Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ingenious Entertainment VCT 2's interest expense for the six months ended in Jun. 2018 was £ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2018 was £0.00 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. Ingenious Entertainment VCT 2's Operating Income for the six months ended in Jun. 2018 was £ 0.00 Mil. Ingenious Entertainment VCT 2's Interest Expense for the six months ended in Jun. 2018 was £ 0.00 Mil. Ingenious Entertainment VCT 2 has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Ingenious Entertainment VCT 2 Interest Expense Historical Data

The historical data trend for Ingenious Entertainment VCT 2'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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Ingenious Entertainment VCT 2 Interest Expense Chart

Ingenious Entertainment VCT 2 Annual Data
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Interest Expense
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Ingenious Entertainment VCT 2 Semi-Annual Data
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Ingenious Entertainment VCT 2 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. 2018 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.00 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.


Ingenious Entertainment VCT 2  (LSE:IEV2) 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.

Ingenious Entertainment VCT 2's Interest Expense for the six months ended in Jun. 2018 was £0.00 Mil. Its Operating Income for the six months ended in Jun. 2018 was £0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2018 was £0.00 Mil.

Ingenious Entertainment VCT 2's Interest Coverage for the quarter that ended in Jun. 2018 is calculated as

Ingenious Entertainment VCT 2 had no long-term debt (1).

* 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.

Good Sign:

Ingenious Entertainment VCT 2 PLC has no debt.


Ingenious Entertainment VCT 2 (LSE:IEV2) Business Description

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Ingenious Entertainment VCT 2 PLC is a venture capital trust. Its objective is to invest in companies established to create and bring to market live events and premium entertainment content which will provide shareholders with an attractive return. The company primarily invests in media, live events, and entertainment sector targeting concerts, festivals, conferences and other entertainment-based content.

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