Quoram (LSE:QRM) Interest Expense : £0.00 Mil (TTM As of Jun. 2015)

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What is Quoram Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Quoram's interest expense for the six months ended in Jun. 2015 was £ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2015 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. Quoram's Operating Income for the six months ended in Jun. 2015 was £ -1.33 Mil. Quoram's Interest Expense for the six months ended in Jun. 2015 was £ 0.00 Mil. Quoram 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.

Quoram Interest Expense Historical Data

The historical data trend for Quoram'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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Quoram Interest Expense Chart

Quoram Annual Data

Trend

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Interest Expense

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Quoram Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15
Interest Expense	Get a 7-Day Free Trial				-	-	-	-	-

Quoram 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. 2015 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.00 Mil.

Quoram (LSE:QRM) 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.

Quoram's Interest Expense for the six months ended in Jun. 2015 was £0.00 Mil. Its Operating Income for the six months ended in Jun. 2015 was £-1.33 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2015 was £0.00 Mil.

Quoram's Interest Coverage for the quarter that ended in Jun. 2015 is calculated as

Quoram had no long-term debt ⁽¹⁾.

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

Good Sign:

Quoram PLC has no debt.

Quoram (LSE:QRM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Quoram PLC (LSE:QRM) » Definitions » Interest Expense

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Address

Website

http://www.quoram.co.uk

Quoram PLC was incorporated in United Kingdom on July 29, 1998. The Company is an investment holding and management company. The Company through its subsidiaries is engaged in the development of oil & gas.

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