Clontarf Energy (LSE:CLON) Interest Expense : £0.00 Mil (TTM As of Jun. 2023)

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What is Clontarf Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Clontarf Energy's interest expense for the six months ended in Jun. 2023 was £ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 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. Clontarf Energy's Operating Income for the six months ended in Jun. 2023 was £ -0.29 Mil. Clontarf Energy's Interest Expense for the six months ended in Jun. 2023 was £ 0.00 Mil. Clontarf Energy 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.

Clontarf Energy Interest Expense Historical Data

The historical data trend for Clontarf 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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Clontarf Energy Interest Expense Chart

Clontarf Energy Annual Data

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Interest Expense

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Clontarf Energy Semi-Annual Data
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Clontarf 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.00 Mil.

Clontarf Energy (LSE:CLON) 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.

Clontarf Energy's Interest Expense for the six months ended in Jun. 2023 was £0.00 Mil. Its Operating Income for the six months ended in Jun. 2023 was £-0.29 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was £0.00 Mil.

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

Clontarf Energy had no long-term debt ⁽¹⁾.

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

Good Sign:

Clontarf Energy PLC has no debt.

Clontarf Energy (LSE:CLON) Business Description

Industry

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Address

162, Clontarf Road, Suite 1, 7th Floor, Dublin 3, IRL, D03 F6Y0

Website

https://www.clontarfenergy.com

Clontarf Energy PLC is engaged in oil and gas exploration and production company focused on Africa and South America. Apparently, the company is organized into three segments: Bolivia, Ghana, and Australia.

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