Provexis (LSE:PXS) Interest Expense : £0.00 Mil (TTM As of Sep. 2023)

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What is Provexis Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Provexis's interest expense for the six months ended in Sep. 2023 was £ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 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. Provexis's Operating Income for the six months ended in Sep. 2023 was £ -0.28 Mil. Provexis's Interest Expense for the six months ended in Sep. 2023 was £ 0.00 Mil. Provexis 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.

Provexis Interest Expense Historical Data

The historical data trend for Provexis'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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Provexis Interest Expense Chart

Provexis Annual Data

Trend

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Interest Expense

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Provexis Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Provexis 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.00 Mil.

Provexis (LSE:PXS) 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.

Provexis's Interest Expense for the six months ended in Sep. 2023 was £0.00 Mil. Its Operating Income for the six months ended in Sep. 2023 was £-0.28 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was £0.00 Mil.

Provexis's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Provexis had no long-term debt ⁽¹⁾.

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

Good Sign:

Provexis PLC has no debt.

Provexis (LSE:PXS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Provexis PLC (LSE:PXS) » Definitions » Interest Expense

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PXS.GB:UK

Address

2 Blagrave Street, I Ford, Reading, Berkshire, GBR, RG1 1AZ

Website

https://www.provexis.com

Provexis PLC is a British food company. It is engaged in developing and licensing the Fruitflow, which is a patented, natural, breakthrough ingredient which helps with platelet aggregation. Fruitflow reduces the propensity for aberrant blood clotting, typically associated with cardiovascular disease, which can result in heart attack and stroke. The extract is available in two formats, a syrup and a powder, and it can be included in a broad range of food, beverage and dietary supplement formats.