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Triple Pointome VCT (LSE:TPVA) Interest Expense : £-0.06 Mil (TTM As of Sep. 2022)


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What is Triple Pointome VCT Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Triple Pointome VCT's interest expense for the six months ended in Sep. 2022 was £ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2022 was £-0.06 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. Triple Pointome VCT's Operating Income for the six months ended in Sep. 2022 was £ 0.00 Mil. Triple Pointome VCT's Interest Expense for the six months ended in Sep. 2022 was £ 0.00 Mil. Triple Pointome VCT 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.


Triple Pointome VCT Interest Expense Historical Data

The historical data trend for Triple Pointome VCT'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.

Triple Pointome VCT Interest Expense Chart

Triple Pointome VCT Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 - - -0.10 -0.12

Triple Pointome VCT Semi-Annual Data
Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.05 -0.05 -0.05 -0.06 -

Triple Pointome VCT 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 Sep. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.06 Mil.

* 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.


Triple Pointome VCT  (LSE:TPVA) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Triple Pointome VCT's Interest Expense for the six months ended in Sep. 2022 was £0.00 Mil. Its Operating Income for the six months ended in Sep. 2022 was £0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2022 was £0.00 Mil.

Triple Pointome VCT's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

Triple Pointome VCT had no long-term debt (1).

* 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.

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

Good Sign:

Triple Point Income VCT PLC has no debt.


Triple Pointome VCT (LSE:TPVA) Business Description

Traded in Other Exchanges
N/A
Address
1 King William Street, London, GBR, EC4N 7AF
Triple Point Income VCT PLC is a part of the financial services domain in the United Kingdom. It is a venture capital trust formed with the objective of capital preservation and payment of regular tax-free dividends to investors. The company's mission comprises three priorities, which are capital security, liquidity, and predictable returns. It has chosen to focus its investing activities towards companies involved in renewable energy, energy production, innovative vertical growing, and SME funding.

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