Calnex Solutions (LSE:CLX) Interest Expense : £-0.12 Mil (TTM As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Calnex Solutions Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Calnex Solutions's interest expense for the six months ended in Mar. 2024 was £ -0.11 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was £-0.12 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. Calnex Solutions's Operating Income for the six months ended in Mar. 2024 was £ 0.14 Mil. Calnex Solutions's Interest Expense for the six months ended in Mar. 2024 was £ -0.11 Mil. Calnex Solutions's Interest Coverage for the quarter that ended in Mar. 2024 was 1.25. 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.

Calnex Solutions Interest Expense Historical Data

The historical data trend for Calnex Solutions'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.

Calnex Solutions Interest Expense Chart

Calnex Solutions Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-0.34

-0.17

-0.02

-0.03

-0.12

Calnex Solutions Semi-Annual Data
	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Interest Expense	Get a 7-Day Free Trial							-0.01	-0.01	-0.01	-0.01	-0.11

Calnex Solutions 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.12 Mil.

Calnex Solutions (LSE:CLX) 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.

Calnex Solutions's Interest Expense for the six months ended in Mar. 2024 was £-0.11 Mil. Its Operating Income for the six months ended in Mar. 2024 was £0.14 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was £0.20 Mil.

Calnex Solutions's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	0.141	/	-0.113
	=	1.25

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

Calnex Solutions (LSE:CLX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Calnex Solutions PLC (LSE:CLX) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

CSO:Germany CSO:Germany

Address

Oracle Campus, Linlithgow, West Lothian, GBR, EH49 7LR

Website

https://www.calnexsol.com

Calnex Solutions PLC is a provider of test and measurement solutions for the telecommunications sector. It designs, produces, and markets test instrumentation and solutions for network synchronization and network emulation. The company offers its equipment to network operators, network providers, systems suppliers, laboratories, and network infrastructures.