GURUFOCUS.COM » STOCK LIST » Technology » Software » AIQ Ltd (LSE:AIQ) » Definitions » Interest Expense

AIQ (LSE:AIQ) Interest Expense : £-0.03 Mil (TTM As of Oct. 2023)


View and export this data going back to 2018. Start your Free Trial

What is AIQ Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AIQ's interest expense for the six months ended in Oct. 2023 was £ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2023 was £-0.03 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. AIQ's Operating Income for the six months ended in Oct. 2023 was £ -0.23 Mil. AIQ's Interest Expense for the six months ended in Oct. 2023 was £ -0.01 Mil. AIQ 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.

AIQ Interest Expense Historical Data

The historical data trend for AIQ'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.

AIQ Interest Expense Chart

AIQ Annual Data
Trend Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Interest Expense
Get a 7-Day Free Trial - - -0.01 -0.02 -0.03

AIQ Semi-Annual Data
Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.01 -0.01 -0.01 -0.02 -0.01

AIQ 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 Oct. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.03 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.

AIQ  (LSE:AIQ) 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.

AIQ's Interest Expense for the six months ended in Oct. 2023 was £-0.01 Mil. Its Operating Income for the six months ended in Oct. 2023 was £-0.23 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Oct. 2023 was £0.50 Mil.

AIQ's Interest Coverage for the quarter that ended in Oct. 2023 is calculated as

AIQ did not have earnings to cover the interest expense.

* 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.

AIQ (LSE:AIQ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » AIQ Ltd (LSE:AIQ) » Definitions » Interest Expense
Comparable Companies
LSE:MBT LSE:ACRM LSE:LOOP LSE:ITIM LSE:ENET LSE:DSG LSE:RDT LSE:CRDL LSE:OBC AQSE:CXS CRM XTER:SAP INTU NOW UBER CDNS SHOP WDAY XPAR:DSY ROP
Traded in Other Exchanges
N/A
Address
Genesis Close, Genesis Building, 5th Floor, PO Box 446, George Town, CYM, KY1-1106
Website
https://www.aiqhub.com
AIQ Ltd is an information technology software solutions provider, focused on the delivery of blockchain platforms in Asia through the provision of IT consultancy. It operates in a single segment, which is the sale of software and ancillary services. It offers OctaPLUS, which is an AI-powered online shopping platform; and also a messaging solution for business customers.