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Beacon Energy (LSE:BCE) Interest Expense : £-0.21 Mil (TTM As of Jun. 2023)


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What is Beacon Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Beacon Energy's interest expense for the six months ended in Jun. 2023 was £ -0.16 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was £-0.21 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. Beacon Energy's Operating Income for the six months ended in Jun. 2023 was £ -0.73 Mil. Beacon Energy's Interest Expense for the six months ended in Jun. 2023 was £ -0.16 Mil. Beacon Energy 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.


Beacon Energy Interest Expense Historical Data

The historical data trend for Beacon Energy'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.

Beacon Energy Interest Expense Chart

Beacon Energy Annual Data
Trend Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.14 -0.12 -0.05 -0.04 -0.19

Beacon Energy Semi-Annual Data
Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Jun23
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 - -0.04 -0.12 -0.05 -0.16

Beacon Energy 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.21 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.


Beacon Energy  (LSE:BCE) 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.

Beacon Energy's Interest Expense for the six months ended in Jun. 2023 was £-0.16 Mil. Its Operating Income for the six months ended in Jun. 2023 was £-0.73 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was £2.72 Mil.

Beacon Energy's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Beacon Energy 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.


Beacon Energy (LSE:BCE) Business Description

Traded in Other Exchanges
Address
55 Athol Street, Douglas, IMN, IM1 1LA
Beacon Energy PLC is an international upstream oil & gas company with a fresh approach.