Serco Group (Serco Group) Interest Expense : $-36 Mil (TTM As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

What is Serco Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Serco Group's interest expense for the six months ended in Dec. 2023 was $ -19 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-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. Serco Group's Operating Income for the six months ended in Dec. 2023 was $ 89 Mil. Serco Group's Interest Expense for the six months ended in Dec. 2023 was $ -19 Mil. Serco Group's Interest Coverage for the quarter that ended in Dec. 2023 was 4.75. 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.

Serco Group Interest Expense Historical Data

The historical data trend for Serco Group'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.

Serco Group Interest Expense Chart

Serco Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-28.83

-33.60

-31.12

-28.14

-36.33

Serco Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-15.16	-12.69	-15.59	-17.55	-18.73

Serco Group 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-36 Mil.

Serco Group (OTCPK:SCGPY) 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.

Serco Group's Interest Expense for the six months ended in Dec. 2023 was $-19 Mil. Its Operating Income for the six months ended in Dec. 2023 was $89 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $594 Mil.

Serco Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	88.987	/	-18.734
	=	4.75

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

Serco Group (Serco Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Serco Group PLC (OTCPK:SCGPY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

SECCF:USA SRPl:UK SRP:UK SEO:Germany

Address

16 Bartley Wood Business Park, Serco House, Bartley Way, Hook, Hampshire, GBR, RG27 9UY

Website

https://www.serco.com

Serco Group PLC helps governments and public-sector bodies deliver public services. The company generates revenue from four divisions. The U.K. & Europe local and regional government division provides hospital management welfare, business support operations, and defense services in the U.K. and Europe. The Americas division provides professional, defense, technology, and management services to U.S. and Canadian governments. The Asia-Pacific segment provides frontline services, defense, citizen services in Australia, New Zealand, and Hong Kong. The Middle East division provides transport, defense, and health services in the Middle East. The company generates most of its revenue from the U.K. & Europe division.

Serco Group (Serco Group) Headlines

From GuruFocus

Serco to present at the dbVIC - Deutsche Bank ADR Virtual Investor Conference on 14 November 2019

By PRNewswire PRNewswire • 11-07-2019

Serco to present at the dbVIC - Deutsche Bank ADR Virtual Investor Conference on 11 May 2021

By PRNewswire PRNewswire • 05-10-2021