Smarttech247 Group (LSE:S247) Interest Expense : £-0.04 Mil (TTM As of Jan. 2024)

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What is Smarttech247 Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Smarttech247 Group's interest expense for the six months ended in Jan. 2024 was £ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was £-0.04 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. Smarttech247 Group's Operating Income for the six months ended in Jan. 2024 was £ -0.50 Mil. Smarttech247 Group's Interest Expense for the six months ended in Jan. 2024 was £ -0.02 Mil. Smarttech247 Group 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.

Smarttech247 Group Interest Expense Historical Data

The historical data trend for Smarttech247 Group'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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Smarttech247 Group Interest Expense Chart

Smarttech247 Group Annual Data

Trend

Jul19

Jul20

Jul21

Jul22

Jul23

Interest Expense

-0.04

-0.01

-0.05

-0.18

-0.09

Smarttech247 Group Semi-Annual Data
	Jul19	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Interest Expense	Get a 7-Day Free Trial				-0.09	-0.09	-0.07	-0.02	-0.02

Smarttech247 Group 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 Jan. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.04 Mil.

Smarttech247 Group (LSE:S247) 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.

Smarttech247 Group's Interest Expense for the six months ended in Jan. 2024 was £-0.02 Mil. Its Operating Income for the six months ended in Jan. 2024 was £-0.50 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jan. 2024 was £0.19 Mil.

Smarttech247 Group's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Smarttech247 Group did not have earnings to cover the interest expense.

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

Smarttech247 Group (LSE:S247) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Smarttech247 Group PLC (LSE:S247) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

165 Fleet Street, London, GBR, EC4A 2DY

Website

https://www.smarttech247.com

Smarttech247 Group PLC is a multi-award winning automated managed detection and response company. Its platform is trusted by global organizations and provides threat intelligence with managed detection and response to provide actionable insights, 24/7 threat detection, investigation and response. The company's service is geared towards proactive prevention and it achieves this by utilising the latest in cloud, big data analytics and machine learning, along with an experienced response team.

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