Water Intelligence (LSE:WATR) Interest Expense : £-1.36 Mil (TTM As of Jun. 2023)

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What is Water Intelligence Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Water Intelligence's interest expense for the six months ended in Jun. 2023 was £ -0.69 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was £-1.36 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. Water Intelligence's Operating Income for the six months ended in Jun. 2023 was £ 3.78 Mil. Water Intelligence's Interest Expense for the six months ended in Jun. 2023 was £ -0.69 Mil. Water Intelligence's Interest Coverage for the quarter that ended in Jun. 2023 was 5.51. 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.

Water Intelligence Interest Expense Historical Data

The historical data trend for Water Intelligence'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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Water Intelligence Interest Expense Chart

Water Intelligence Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-0.19

-0.31

-0.33

-0.73

-1.29

Water Intelligence Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Interest Expense	Get a 7-Day Free Trial															-0.24	-0.47	-0.61	-0.67	-0.69

Water Intelligence 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 £-1.36 Mil.

Water Intelligence (LSE:WATR) 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.

Water Intelligence's Interest Expense for the six months ended in Jun. 2023 was £-0.69 Mil. Its Operating Income for the six months ended in Jun. 2023 was £3.78 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was £11.66 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2023 )	/	Interest Expense (Q: Jun. 2023 )
	=	-1	*	3.775	/	-0.685
	=	5.51

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

Water Intelligence (LSE:WATR) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Water Intelligence PLC (LSE:WATR) » Definitions » Interest Expense

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WTLLF:USA

Address

27-28 Eastcastle Street, London, GBR, W1W 8DH

Website

https://www.waterintelligence.co.uk

Water Intelligence PLC provides leak detection and remediation services based in the United Kingdom. The company along with its subsidiaries offers a range of solutions and products for residential, commercial, and municipal customers. It generates revenue Franchise royalty income; Franchise-related activities including product and equipment sales, business-to-business sales, and sales of franchises; United States corporate-operated locations; and International corporate-operated locations. The revenues are derived from the American leak detection business.

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