Boanerges (NEXX:BNRG) Interest Expense : £ Mil (TTM As of . 20)

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What is Boanerges Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Boanerges's interest expense for the six months ended in . 20 was £ 0.00 Mil. Boanerges does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Boanerges's Operating Income for the six months ended in . 20 was £ 0.00 Mil. Boanerges's Interest Expense for the six months ended in . 20 was £ 0.00 Mil. Boanerges 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.

Boanerges Interest Expense Historical Data

The historical data trend for Boanerges'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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Boanerges Interest Expense Chart

Boanerges Annual Data

Trend

Interest Expense

Boanerges Semi-Annual Data

Interest Expense

Boanerges Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Boanerges (NEXX:BNRG) 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.

Boanerges's Interest Expense for the six months ended in . 20 was £0.00 Mil. Its Operating Income for the six months ended in . 20 was £0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in . 20 was £0.00 Mil.

Boanerges's Interest Coverage for the quarter that ended in . 20 is calculated as

Boanerges had no long-term debt ⁽¹⁾.

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

Boanerges (NEXX:BNRG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Boanerges Ltd (NEXX:BNRG) » Definitions » Interest Expense

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Address

C/O CCS Trustees Limited, Mandar House, 3rd Floor, Johnson’s Ghut, Tortola, VGB

Website

https://www.boanergesltd.com

Boanerges Ltd operates as a SPAC to identify investment opportunities and acquisitions in small and medium sized enterprises within the technology sector. The company's focus will be searching for companies which are based in the UK or Europe where there may be a number of opportunities to acquire interests in undervalued or pre-commercialisation technologies, or current commercialisation technologies, which when applied, produce cost saving or revenue enhancement for customers.