Microlise Group (LSE:SAAS) Interest Expense : £-0.33 Mil (TTM As of Dec. 2023)

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What is Microlise Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Microlise Group's interest expense for the six months ended in Dec. 2023 was £ -0.17 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was £-0.33 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. Microlise Group's Operating Income for the six months ended in Dec. 2023 was £ 0.93 Mil. Microlise Group's Interest Expense for the six months ended in Dec. 2023 was £ -0.17 Mil. Microlise Group's Interest Coverage for the quarter that ended in Dec. 2023 was 5.37. 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.

Microlise Group Interest Expense Historical Data

The historical data trend for Microlise 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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Microlise Group Interest Expense Chart

Microlise Group Annual Data

Trend

Jun19

Jun20

Jun21

Dec22

Dec23

Interest Expense

-0.71

-0.64

-0.31

-0.33

Microlise Group Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial			-0.29	-0.14	-0.17	-0.16	-0.17

Microlise 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.33 Mil.

Microlise Group (LSE:SAAS) 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.

Microlise Group's Interest Expense for the six months ended in Dec. 2023 was £-0.17 Mil. Its Operating Income for the six months ended in Dec. 2023 was £0.93 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was £0.65 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	0.929	/	-0.173
	=	5.37

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

Microlise Group (LSE:SAAS) Business Description

Industry

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Traded in Other Exchanges

2DI:Germany

Address

Farrington Way, Eastwood, Nottingham, GBR, NG16 3AG

Website

https://www.microlise.com

Microlise Group PLC is a provider of transportation management solutions to enterprise customers. It automates and optimizes critical processes such as scheduling, routing, driver performance monitoring, and resource allocation, while providing valuable, actionable real-time data.