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Orchard Funding Group (LSE:ORCH) Interest Expense : £0.00 Mil (TTM As of Jan. 2024)


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What is Orchard Funding Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Orchard Funding Group's interest expense for the six months ended in Jan. 2024 was £ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was £0.00 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. Orchard Funding Group's Operating Income for the six months ended in Jan. 2024 was £ 1.56 Mil. Orchard Funding Group's Interest Expense for the six months ended in Jan. 2024 was £ 0.00 Mil. GuruFocus does not calculate Orchard Funding Group's interest coverage with the available data. 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.


Orchard Funding Group Interest Expense Historical Data

The historical data trend for Orchard Funding Group'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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Orchard Funding Group Interest Expense Chart

Orchard Funding Group Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Interest Expense
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Orchard Funding Group Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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Orchard Funding Group 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 Jan. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.00 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.


Orchard Funding Group  (LSE:ORCH) 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.

Orchard Funding Group's Interest Expense for the six months ended in Jan. 2024 was £0.00 Mil. Its Operating Income for the six months ended in Jan. 2024 was £1.56 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jan. 2024 was £10.15 Mil.

Orchard Funding Group's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

GuruFocus does not calculate Orchard Funding Group's interest coverage with the available data.

* 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.


Orchard Funding Group (LSE:ORCH) Business Description

Traded in Other Exchanges
N/A
Address
721 Capability Green, 1st Floor, Luton, Bedfordshire, GBR, LU1 3LU
Orchard Funding Group PLC is a finance company that specializes in insurance premium finance and the professional fee funding market. The company mainly provides funding and funding support systems to clients of insurance brokers and professional firms. Orchard aims to further increase the capital base to enable to support higher levels of borrowing. Its operating business segment is lending. The company operates within the United Kingdom.

Orchard Funding Group (LSE:ORCH) Headlines

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