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Webis Holdings (LSE:WEB) Interest Expense : £-0.13 Mil (TTM As of Nov. 2023)


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What is Webis Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Webis Holdings's interest expense for the six months ended in Nov. 2023 was £ -0.07 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2023 was £-0.13 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. Webis Holdings's Operating Income for the six months ended in Nov. 2023 was £ -0.37 Mil. Webis Holdings's Interest Expense for the six months ended in Nov. 2023 was £ -0.07 Mil. Webis Holdings did not have earnings to cover the interest expense. 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.


Webis Holdings Interest Expense Historical Data

The historical data trend for Webis Holdings'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.

Webis Holdings Interest Expense Chart

Webis Holdings Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.03 -0.08 -0.09 -0.10 -0.13

Webis Holdings Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.05 -0.05 -0.07 -0.06 -0.07

Webis Holdings 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 Nov. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.13 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.


Webis Holdings  (LSE:WEB) 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.

Webis Holdings's Interest Expense for the six months ended in Nov. 2023 was £-0.07 Mil. Its Operating Income for the six months ended in Nov. 2023 was £-0.37 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Nov. 2023 was £1.50 Mil.

Webis Holdings's Interest Coverage for the quarter that ended in Nov. 2023 is calculated as

Webis Holdings did not have earnings to cover the interest expense.

* 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.


Webis Holdings (LSE:WEB) Business Description

Traded in Other Exchanges
N/A
Address
Nelson Street, Viking House, Douglas, IMN, IM1 2AH
Webis Holdings PLC is a holding company operating in gaming and technology sector. The company with its subsidiaries operates a totalizator wagering hub through its United States supplier, which enables it to conduct its Advanced Deposit Wagering business by passing wagers directly into racetrack betting pools in real time. Its operating segment includes Racetrack and ADW. The company generates maximum revenue from the Racetrack segment. Geographically, it derives a majority of revenue from North America.