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Kropz (LSE:KRPZ) Interest Expense : £-10.47 Mil (TTM As of Dec. 2023)


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What is Kropz Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kropz's interest expense for the six months ended in Dec. 2023 was £ -6.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was £-10.47 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. Kropz's Operating Income for the six months ended in Dec. 2023 was £ -6.08 Mil. Kropz's Interest Expense for the six months ended in Dec. 2023 was £ -6.03 Mil. Kropz 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.


Kropz Interest Expense Historical Data

The historical data trend for Kropz'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.

Kropz Interest Expense Chart

Kropz Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only -2.79 -1.99 -2.03 -4.91 -10.46

Kropz Semi-Annual Data
Dec15 Dec16 Jun17 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 Premium Member Only -1.08 -1.85 -3.04 -4.45 -6.03

Kropz 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 £-10.47 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.


Kropz  (LSE:KRPZ) 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.

Kropz's Interest Expense for the six months ended in Dec. 2023 was £-6.03 Mil. Its Operating Income for the six months ended in Dec. 2023 was £-6.08 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was £14.57 Mil.

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

Kropz 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.


Kropz (LSE:KRPZ) Business Description

Traded in Other Exchanges
Address
35 Verulam Road, Hitchin, GBR, SG5 1QE
Kropz PLC is a United Kingdom-based plant nutrient company. It is an explorer, mine developer, and miner of fertilizer feed minerals. Its operating segment includes phosphate mining and exploration. The company's flagship operation is the Elandsfontein project, a near-term producing asset in South Africa's Western Cape Province, and Hinda Project, which is a sedimentary-hosted phosphate reserve. The company operates in two principal geographical areas South Africa and RoC.

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