Scirocco Energy (LSE:SCIR) Interest Expense : £0.00 Mil (TTM As of Jun. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Scirocco Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Scirocco Energy's interest expense for the six months ended in Jun. 2023 was £ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 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. Scirocco Energy's Operating Income for the six months ended in Jun. 2023 was £ -0.97 Mil. Scirocco Energy's Interest Expense for the six months ended in Jun. 2023 was £ 0.00 Mil. Scirocco Energy 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.

Scirocco Energy Interest Expense Historical Data

The historical data trend for Scirocco Energy'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.

Scirocco Energy Interest Expense Chart

Scirocco Energy Annual Data

Trend

Jun12

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

Get a 7-Day Free Trial

-0.05

-0.01

Scirocco Energy Semi-Annual Data
	Jun13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Scirocco Energy 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 £0.00 Mil.

Scirocco Energy (LSE:SCIR) 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.

Scirocco Energy's Interest Expense for the six months ended in Jun. 2023 was £0.00 Mil. Its Operating Income for the six months ended in Jun. 2023 was £-0.97 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was £0.00 Mil.

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

Scirocco Energy had no long-term debt ⁽¹⁾.

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

Good Sign:

Scirocco Energy PLC has no debt.

Scirocco Energy (LSE:SCIR) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Park Row, Leeds, GBR, LS1 5AB

Website

https://www.sciroccoenergy.com

Scirocco Energy PLC, formerly Solo Oil PLC is an oil and gas exploration company. Its principal activities are to acquire a diverse portfolio of direct and indirect interests in the exploration, development and production of oil and gas assets which are based in the Americas, Europe, and Africa.

Scirocco Energy (LSE:SCIR) Headlines

No Headlines