wrkr (ASX:WRK) Interest Expense : A$-0.09 Mil (TTM As of Dec. 2023)

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What is wrkr Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. wrkr's interest expense for the six months ended in Dec. 2023 was A$ -0.04 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.09 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. wrkr's Operating Income for the six months ended in Dec. 2023 was A$ -1.95 Mil. wrkr's Interest Expense for the six months ended in Dec. 2023 was A$ -0.04 Mil. wrkr 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.

wrkr Interest Expense Historical Data

The historical data trend for wrkr'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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wrkr Interest Expense Chart

wrkr Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-0.02

-0.10

wrkr Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial										-	-	-0.05	-0.05	-0.04

wrkr 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-0.09 Mil.

wrkr (ASX:WRK) 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.

wrkr's Interest Expense for the six months ended in Dec. 2023 was A$-0.04 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-1.95 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$0.07 Mil.

wrkr's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

wrkr did not have earnings to cover the interest expense.

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

wrkr (ASX:WRK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » wrkr Ltd (ASX:WRK) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

66 Goulburn Street, Level 24, Sydney, NSW, AUS, 2000

Website

https://www.inpaytech.com.au

wrkr Ltd, formerly Integrated Payment Technologies Ltd develops technology to facilitate the secure storage and transmission of data concerning payments. Its services include ClickSuper Service, Payment Adviser Service, and Bill Exchange Service. The company's only operating segment is engaged in the provision of services that enable its customers to meet their regulatory compliance across the hire-to-retire life cycle. It does that by facilitating the transfer of data and payments between regulated authorities and participants of the ecosystem (HR/payrolls, Accountants, Banks, APRA, SMSF Funds, and federal departments like the ATO). It operates in the one geographical segment of Australia.