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PWR Holdings (ASX:PWH) Interest Expense : A$-0.5 Mil (TTM As of Dec. 2023)


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What is PWR Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PWR Holdings's interest expense for the six months ended in Dec. 2023 was A$ -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.5 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. PWR Holdings's Operating Income for the six months ended in Dec. 2023 was A$ 12.4 Mil. PWR Holdings's Interest Expense for the six months ended in Dec. 2023 was A$ -0.0 Mil. PWR Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 3,089.25. 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.


PWR Holdings Interest Expense Historical Data

The historical data trend for PWR 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.

PWR Holdings Interest Expense Chart

PWR Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial -0.07 -0.26 -0.70 -0.20 -0.53

PWR Holdings Semi-Annual Data
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 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 -0.17 -0.04 - -0.53 -

PWR 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-0.5 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.


PWR Holdings  (ASX:PWH) 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.

PWR Holdings's Interest Expense for the six months ended in Dec. 2023 was A$-0.0 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$12.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$14.2 Mil.

PWR Holdings'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*12.357/-0.004
=3,089.25

* 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.


PWR Holdings (ASX:PWH) Business Description

Traded in Other Exchanges
N/A
Address
103 Lahrs Road, Ormeau, QLD, AUS, 4208
PWR Holdings is a designer, manufacturer, and supplier of cooling solutions for motorsports and the performance automotive industry. PWR produces aluminum radiators, intercoolers, heat exchangers, oil coolers, and other cooling accessories for motorsports, performance automotive original equipment manufacturers, the automotive aftermarket, and aerospace and defense sectors. The motorsports segment generates the majority of revenue, while OEM and aftermarket constitute over a third of the income stream. PWR's products are primarily sold in North America and Europe.

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