Polarean Imaging (LSE:POLX) Interest Expense : £-0.02 Mil (TTM As of Jun. 2023)

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What is Polarean Imaging Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Polarean Imaging's interest expense for the six months ended in Jun. 2023 was £ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was £-0.02 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. Polarean Imaging's Operating Income for the six months ended in Jun. 2023 was £ -6.02 Mil. Polarean Imaging's Interest Expense for the six months ended in Jun. 2023 was £ -0.01 Mil. Polarean Imaging 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.

Polarean Imaging Interest Expense Historical Data

The historical data trend for Polarean Imaging'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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Polarean Imaging Interest Expense Chart

Polarean Imaging Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-0.15

-0.07

-0.02

Polarean Imaging Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Interest Expense	Get a 7-Day Free Trial								-0.01	-0.01	-0.01	-0.01	-0.01

Polarean Imaging 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.02 Mil.

Polarean Imaging (LSE:POLX) 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.

Polarean Imaging's Interest Expense for the six months ended in Jun. 2023 was £-0.01 Mil. Its Operating Income for the six months ended in Jun. 2023 was £-6.02 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was £0.12 Mil.

Polarean Imaging's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Polarean Imaging did not have earnings to cover the interest expense.

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

Polarean Imaging (LSE:POLX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Polarean Imaging PLC (LSE:POLX) » Definitions » Interest Expense

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PLLWF:USA 8ZF:Germany

Address

27-28 Eastcastle Street, London, GBR, W1W 8DH

Website

https://www.polarean.com

Polarean Imaging PLC designs and manufactures medical drug-device combination companies operating in the high-resolution medical imaging market. Its only operating segment being the development and commercialization of gas polariser devices and ancillary instruments. Geographically, it derives most of the revenue from the United States of America and also has a presence in Canada and the United Kingdom. The company generates revenue from products and services such as Polarisers, Parts and Upgrades, Service and other revenue. Its product portfolio includes 9820 129Xe Hyperpolarizer, 9800 129Xe Hyperpolarizer, Polarean 3777 129Xe Hyperpolarizer Upgrade Module, Polarean 2881 Polarization Measurement Station, and others.

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