Seed Capital Solutions (LSE:SCSP) Interest Expense : £0.00 Mil (TTM As of Jun. 2024)

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What is Seed Capital Solutions Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Seed Capital Solutions'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. Seed Capital Solutions's Operating Income for the six months ended in Jun. 2024 was £ -0.15 Mil. Seed Capital Solutions's Interest Expense for the six months ended in Jun. 2024 was £ 0.00 Mil. Seed Capital Solutions 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.

Seed Capital Solutions Interest Expense Historical Data

The historical data trend for Seed Capital Solutions'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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Seed Capital Solutions Interest Expense Chart

Seed Capital Solutions Annual Data

Trend

Dec19

Dec20

Jun23

Jun24

Interest Expense

Seed Capital Solutions Semi-Annual Data
	Dec19	Dec20	Dec22	Jun23	Dec23	Jun24
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Seed Capital Solutions 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.

Seed Capital Solutions (LSE:SCSP) 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.

Seed Capital Solutions'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 £-0.15 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was £0.00 Mil.

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

Seed Capital Solutions had no long-term debt ⁽¹⁾.

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

Good Sign:

Seed Capital Solutions PLC has no debt.

Seed Capital Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Seed Capital Solutions PLC (LSE:SCSP) » Definitions » Interest Expense

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Address

80 Cheapside, London, GBR, EC2V 6EE

Website

https://www.seedcapitalsolutionsplc.com

Seed Capital Solutions PLC has been formed for the purpose of acquiring a business or businesses operating in market sectors that can display strong ESG credentials.

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