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Freedom Care Group Holdings (ASX:FCG) Interest Expense : A$0.00 Mil (TTM As of Dec. 2023)


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What is Freedom Care Group Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Freedom Care Group Holdings's interest expense for the six months ended in Dec. 2023 was A$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$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. Freedom Care Group Holdings's Operating Income for the six months ended in Dec. 2023 was A$ -0.25 Mil. Freedom Care Group Holdings's Interest Expense for the six months ended in Dec. 2023 was A$ 0.00 Mil. GuruFocus does not calculate Freedom Care Group Holdings'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.


Freedom Care Group Holdings Interest Expense Historical Data

The historical data trend for Freedom Care Group Holdings'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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Freedom Care Group Holdings Interest Expense Chart

Freedom Care Group Holdings Annual Data
Trend Jun21 Jun22
Interest Expense
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Freedom Care Group Holdings Semi-Annual Data
Jun21 Jun22 Dec22 Dec23
Interest Expense - - - -

Freedom Care Group Holdings 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$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.


Freedom Care Group Holdings  (ASX:FCG) 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.

Freedom Care Group Holdings's Interest Expense for the six months ended in Dec. 2023 was A$0.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-0.25 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$0.42 Mil.

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

GuruFocus does not calculate Freedom Care Group Holdings'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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Freedom Care Group Holdings Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Freedom Care Group Holdings (ASX:FCG) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Shop 3/886, Woodville Road, Villawood, NSW, AUS, 2163
Freedom Care Group Holdings Ltd is a national disability insurance scheme services provider that provides a full suite of allied health and care services to individuals accepted into the NDIS particularly in the greater Sydney areas. It is organized into three service areas such as Core Supports, Capacity Building Supports and Capital Supports. Core Supports: assist Participants with everyday activities, current disability-related needs and work towards a Participant's goals. Capacity Building Supports: assist Participants to increase independence and develop skills to assist them to pursue their goals and Capital Supports: includes higher-cost pieces of assistive technology, equipment and home or vehicle modifications, and funding for one-off capital purchases that participants require.

Freedom Care Group Holdings (ASX:FCG) Headlines