TomCo Energy (LSE:TOM) Interest Expense : £-0.84 Mil (TTM As of Sep. 2023)

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What is TomCo Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. TomCo Energy's interest expense for the six months ended in Sep. 2023 was £ -0.56 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was £-0.84 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. TomCo Energy's Operating Income for the six months ended in Sep. 2023 was £ -0.50 Mil. TomCo Energy's Interest Expense for the six months ended in Sep. 2023 was £ -0.56 Mil. TomCo 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.

TomCo Energy Interest Expense Historical Data

The historical data trend for TomCo 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.

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TomCo Energy Interest Expense Chart

TomCo Energy Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Expense

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-0.01

-0.22

-0.84

TomCo Energy Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Interest Expense	Get a 7-Day Free Trial															-	-0.06	-0.16	-0.28	-0.56

TomCo 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.84 Mil.

TomCo Energy (LSE:TOM) 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.

TomCo Energy's Interest Expense for the six months ended in Sep. 2023 was £-0.56 Mil. Its Operating Income for the six months ended in Sep. 2023 was £-0.50 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was £0.00 Mil.

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

TomCo Energy did not have earnings to cover the interest expense.

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

TomCo Energy (LSE:TOM) Business Description

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Address

60 Circular Road, 2nd Floor, Douglas, IMN, IM1 1SA

Website

https://www.tomcoenergy.com

TomCo Energy PLC is in the business of developing oil shale leases. It is engaged in deploying the technology on its oil shale leases and other unconventional oil resources for future production. Its subsidiaries are engaged in the holding of oil shale leases and exploration and extraction of oil and gas. It operates in two geographical segments that are United States and the unites kingdom.

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