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Net Interest Expenses for ITM Power Plc

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IJ8: ITM Power Plc

ITM Power Plc designs and manufactures proton exchange membrane (PEM) electrolysers in the United Kingdom, Germany, Australia, rest of Europe, and the United States. The company’s product portfolio co...

0.31 EUR
Price
EUR
Fair Value
Upside
0.30 - 0.82
52-week range

Analysis

Fiscal Years
Trailing Twelve Months
Fiscal Halfs
Fiscal Quarters
Daily
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The following section summarizes insights on ITM Power Plc's Net Interest Expenses:

Apr 2016Apr 2018Apr 2020Apr 2022Apr 20240 K5 M10 M15 M

Performance Summary
  • ITM Power's latest twelve months net interest expenses is 12.563 million
  • ITM Power's net interest expenses for fiscal years ending April 2020 to 2024 averaged 3.479 million.
  • ITM Power's operated at median net interest expenses of -142.539 thousand from fiscal years ending April 2020 to 2024.
  • Looking back at the last 5 years, ITM Power's net interest expenses peaked in April 2024 at 13.552 million.
  • ITM Power's net interest expenses hit its 5-year low in April 2021 of -455.009 thousand.
  • ITM Power's net interest expenses decreased in 2020 (-142.539 thousand, -522.8%) and 2021 (-455.009 thousand, +219.2%) and increased in 2022 (-246.797 thousand, -45.8%), 2023 (4.689 million, -1,999.8%), and 2024 (13.552 million, +189.0%).

How does ITM Power's Net Interest Expenses benchmark against competitors?

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We've identified the following companies as similar to ITM Power Plc because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.

Metric Usage: Net Interest Expenses

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net_interest_exp
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To view the full list of supported financial metrics please see Complete Metrics Listing.

Similar Metrics

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Metrics similar to Net Interest Expenses in the financials category include:

  • Free Cash Flow Per Share - Levered free cash flow on a per common share basis.
  • Other Current Assets - Field containing the sum of all current assets that cannot be standardized into another field as well as those that are aggregated by the company because materially, they are too small to list separately.
  • Short-Term Debt Repaid - This item represents cash outflows on account of repayment of short-term debt.
  • Preferred Dividends Paid (IS) - The sum of dividends paid to preferred and other equity holders as reported on the company’s income statement.
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Net Interest Expenses

This item represents the interest expense net of interest income.

Definition of Net Interest Expenses

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ITM Power reported net interest expenses of 12.563 M for the latest twelve months ending October 31, 2024 on its income statement.

The tables below summarizes ITM Power’s Net Interest Expenses and common size over the last five years:

Fiscal YearNet Interest ExpensesRevenue% Revenue
2020-04-30-142.539 T5.759 M−2.5%
2021-04-30-455.009 T6.47 M−7.0%
2022-04-30-246.797 T6.709 M−3.7%
2023-04-304.689 M5.964 M78.6%
2024-04-3013.552 M19.326 M70.1%

The tables below summarizes ITM Power’s Net Interest Expenses and common size over the last four quarters:

Quarter EndingNet Interest ExpensesRevenue% Revenue
2024-01-313.285 M4.472 M73.5%
2024-04-303.279 M4.464 M73.5%
2024-07-312.966 M9.22 M32.2%
2024-10-312.962 M9.206 M32.2%

Click the link below to download a spreadsheet with an example Net Interest Expenses calculation for ITM Power Plc below:

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