Red Capital (LSE:REDC) Interest Expense : £0.00 Mil (TTM As of Jun. 2024)

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What is Red Capital Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Red Capital's interest expense for the six months ended in Jun. 2024 was £ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 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. Red Capital's Operating Income for the six months ended in Jun. 2024 was £ -0.11 Mil. Red Capital's Interest Expense for the six months ended in Jun. 2024 was £ 0.00 Mil. Red Capital 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.

Red Capital Interest Expense Historical Data

The historical data trend for Red Capital'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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Red Capital Interest Expense Chart

Red Capital Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Interest Expense

Red Capital Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial			-	-	-	-	-

Red Capital 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.00 Mil.

Red Capital (LSE:REDC) 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.

Red Capital's Interest Expense for the six months ended in Jun. 2024 was £0.00 Mil. Its Operating Income for the six months ended in Jun. 2024 was £-0.11 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was £0.00 Mil.

Red Capital's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Red Capital had no long-term debt ⁽¹⁾.

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

Good Sign:

Red Capital PLC has no debt.

Red Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Red Capital PLC (LSE:REDC) » Definitions » Interest Expense

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Address

28 Esplanade, Channel Islands, St. Helier, JEY, JE2 3QA

Website

https://www.redcapitalplc.com

Red Capital PLC is the acquiring company. It has focused on investment and acquisition opportunities in the business services and technology sectors.

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