MicroSalt (LSE:SALT) Interest Expense : £0.00 Mil (TTM As of Jun. 2023)

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What is MicroSalt Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MicroSalt's interest expense for the three months ended in Jun. 2023 was £ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 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. MicroSalt's Operating Income for the three months ended in Jun. 2023 was £ 0.00 Mil. MicroSalt's Interest Expense for the three months ended in Jun. 2023 was £ 0.00 Mil. GuruFocus does not calculate MicroSalt'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.

MicroSalt Interest Expense Historical Data

The historical data trend for MicroSalt'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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MicroSalt Interest Expense Chart

MicroSalt Annual Data

Trend

Dec20

Dec21

Dec22

Interest Expense

-0.03

-0.06

MicroSalt Quarterly Data
	Dec20	Dec21	Jun22	Dec22	Jun23
Interest Expense	-	-	-	-	-

MicroSalt 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 quarterly data reported by the company within the most recent 12 months, which was £0.00 Mil.

MicroSalt (LSE:SALT) 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.

MicroSalt's Interest Expense for the three months ended in Jun. 2023 was £0.00 Mil. Its Operating Income for the three months ended in Jun. 2023 was £0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was £1.10 Mil.

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

GuruFocus does not calculate MicroSalt's interest coverage with the available data.

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

MicroSalt (LSE:SALT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » MicroSalt PLC (LSE:SALT) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

12 New Fetter Lane, London, GBR, EC4A 1JP

Website

https://www.microsaltinc.com

MicroSalt Plc is a company that has developed a patent protected and scalable manufacturing process that produces a salt crystal that is approximately hundred times smaller than traditional salt, with an average size of less than twenty microns. It allows consumers to reduce their sodium intake by half without compromising on flavor.

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