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Acceler8 Ventures (LSE:AC8) Interest Expense : £0.00 Mil (TTM As of Dec. 2023)


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What is Acceler8 Ventures Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Acceler8 Ventures's interest expense for the six months ended in Dec. 2023 was £ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 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. Acceler8 Ventures's Operating Income for the six months ended in Dec. 2023 was £ 0.02 Mil. Acceler8 Ventures's Interest Expense for the six months ended in Dec. 2023 was £ 0.00 Mil. Acceler8 Ventures has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Acceler8 Ventures Interest Expense Historical Data

The historical data trend for Acceler8 Ventures'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.

* Premium members only.

Acceler8 Ventures Interest Expense Chart

Acceler8 Ventures Annual Data
Trend Dec21 Dec22 Dec23
Interest Expense
- - -

Acceler8 Ventures Semi-Annual Data
Jun22 Dec22 Jun23 Dec23
Interest Expense - - - -

Acceler8 Ventures 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 £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.


Acceler8 Ventures  (LSE:AC8) 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.

Acceler8 Ventures's Interest Expense for the six months ended in Dec. 2023 was £0.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was £0.02 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was £0.00 Mil.

Acceler8 Ventures's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Acceler8 Ventures had no long-term debt (1).

* 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:

Acceler8 Ventures PLC has no debt.


Acceler8 Ventures (LSE:AC8) Business Description

Traded in Other Exchanges
N/A
Address
28 Esplanade, Saint Helier, JEY, JE2 3QA
Acceler8 Ventures PLC is an acquisition company. The company has actively pursued its strategy through the sourcing and assessment of acquisition and investment opportunities across gaming, media and entertainment, software and technology, industrials, and business services sectors.

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