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Carbon Revolution (Carbon Revolution) Interest Expense : $-2.43 Mil (TTM As of Jun. 2023)


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What is Carbon Revolution Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Carbon Revolution's interest expense for the six months ended in Jun. 2023 was $ -1.73 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-2.43 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. Carbon Revolution's Operating Income for the six months ended in Jun. 2023 was $ -17.29 Mil. Carbon Revolution's Interest Expense for the six months ended in Jun. 2023 was $ -1.73 Mil. Carbon Revolution 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.


Carbon Revolution Interest Expense Historical Data

The historical data trend for Carbon Revolution'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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Carbon Revolution Interest Expense Chart

Carbon Revolution Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Interest Expense
- -0.92 -0.83 -2.42

Carbon Revolution Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23
Interest Expense - -0.51 -0.33 -0.70 -1.73

Carbon Revolution 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 semi-annually data reported by the company within the most recent 12 months, which was $-2.43 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.


Carbon Revolution  (NAS:CREV) 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.

Carbon Revolution's Interest Expense for the six months ended in Jun. 2023 was $-1.73 Mil. Its Operating Income for the six months ended in Jun. 2023 was $-17.29 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was $52.48 Mil.

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

Carbon Revolution did not have earnings to cover the interest expense.

* 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.


Carbon Revolution (Carbon Revolution) Business Description

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Address
Ten Earlsfort Terrace, Dublin 2, IRL, D02 T380
Carbon Revolution PLC is an Australian-based technology company manufacturing carbon fiber wheels. It is an OEM supplier and a world-wide manufacturer of lightweight technology carbon fibre wheels to the automotive industry. The Company supplies wheels to OEMs across the globe for luxury and high-performance vehicles and SUVs, and is developing wheels for electric vehicles under contract for its OEM customers. The company generates maximum revenue Internationally.

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