Alpha Growth (LSE:ALGW) Interest Expense : £-0.02 Mil (TTM As of Dec. 2023)

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What is Alpha Growth Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alpha Growth's interest expense for the six months ended in Dec. 2023 was £ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was £-0.02 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. Alpha Growth's Operating Income for the six months ended in Dec. 2023 was £ -1.27 Mil. Alpha Growth's Interest Expense for the six months ended in Dec. 2023 was £ -0.02 Mil. Alpha Growth 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.

Alpha Growth Interest Expense Historical Data

The historical data trend for Alpha Growth'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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Alpha Growth Interest Expense Chart

Alpha Growth Annual Data

Trend

Aug16

Aug17

Aug18

Aug19

Aug20

Dec22

Dec23

Interest Expense

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-0.03

-0.02

Alpha Growth Semi-Annual Data
	Aug17	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial						-	-0.01	-0.02	-0.01	-0.02

Alpha Growth 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 £-0.02 Mil.

Alpha Growth (LSE:ALGW) 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.

Alpha Growth's Interest Expense for the six months ended in Dec. 2023 was £-0.02 Mil. Its Operating Income for the six months ended in Dec. 2023 was £-1.27 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was £0.17 Mil.

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

Alpha Growth did not have earnings to cover the interest expense.

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

Alpha Growth (LSE:ALGW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Alpha Growth PLC (LSE:ALGW) » Definitions » Interest Expense

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Address

35 Berkeley Square, Mayfair, London, GBR, W1J 5BF

Website

https://www.algwplc.com

Alpha Growth PLC is a financial advisory company that provides advice and consultancy services to existing institutional and prospective holders of Senior Life Settlements (SLS). It offers advisory services, strategies, performance monitoring, and analytical services to existing and prospective holders of SLS Assets, mainly through acquisition strategies, performance monitoring, and analytical services. The company provides advisory services to the SPVs and the corporate finance adviser engaged for the bond issue and acquisition.

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