Carbonxt Group (ASX:CG1) Interest Expense : A$-2.63 Mil (TTM As of Dec. 2023)

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What is Carbonxt Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Carbonxt Group's interest expense for the six months ended in Dec. 2023 was A$ -2.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-2.63 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. Carbonxt Group's Operating Income for the six months ended in Dec. 2023 was A$ -1.56 Mil. Carbonxt Group's Interest Expense for the six months ended in Dec. 2023 was A$ -2.00 Mil. Carbonxt Group 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.

Carbonxt Group Interest Expense Historical Data

The historical data trend for Carbonxt 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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Carbonxt Group Interest Expense Chart

Carbonxt Group Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-0.57

-0.89

-0.90

-1.08

Carbonxt Group Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial								-0.45	-0.45	-0.45	-0.63	-2.00

Carbonxt 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 A$-2.63 Mil.

Carbonxt Group (ASX:CG1) 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.

Carbonxt Group's Interest Expense for the six months ended in Dec. 2023 was A$-2.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-1.56 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$0.51 Mil.

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

Carbonxt Group did not have earnings to cover the interest expense.

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

Carbonxt Group (ASX:CG1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Carbonxt Group Ltd (ASX:CG1) » Definitions » Interest Expense

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CKV:Germany

Address

3951 NW 48th Terrace, Suite 111, Gainesville, FL, USA, 32606

Website

https://www.carbonxt.com

Carbonxt Group Ltd is an Australian company engaged in the development and sale of specialized Activated Carbon (AC) products, including Powdered Activated Carbon (PAC) and AC pellets for the removal of pollutants and toxins in industrial processes. Geographically, it derives a majority of revenue from the United States of America. The company product comprises coal-fired power plants, cement plants, waste to energy, potable water and other applications.

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