GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Digicore Holdings Ltd (JSE:DGC) » Definitions » Interest Expense

Digicore Holdings (JSE:DGC) Interest Expense : R-13.4 Mil (TTM As of Dec. 2014)


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

What is Digicore Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Digicore Holdings's interest expense for the six months ended in Dec. 2014 was R -5.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2014 was R-13.4 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. Digicore Holdings's Operating Income for the six months ended in Dec. 2014 was R 33.2 Mil. Digicore Holdings's Interest Expense for the six months ended in Dec. 2014 was R -5.5 Mil. Digicore Holdings's Interest Coverage for the quarter that ended in Dec. 2014 was 6.02. 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.


Digicore Holdings Interest Expense Historical Data

The historical data trend for Digicore 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.

Digicore Holdings Interest Expense Chart

Digicore Holdings Annual Data
Trend Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.77 -6.28 -6.03 -14.38 -14.35

Digicore Holdings Semi-Annual Data
Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
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 -5.63 -8.75 -6.50 -7.84 -5.52

Digicore 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. 2014 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-13.4 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.


Digicore Holdings  (JSE:DGC) 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.

Digicore Holdings's Interest Expense for the six months ended in Dec. 2014 was R-5.5 Mil. Its Operating Income for the six months ended in Dec. 2014 was R33.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2014 was R9.3 Mil.

Digicore Holdings's Interest Coverage for the quarter that ended in Dec. 2014 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2014 )/Interest Expense (Q: Dec. 2014 )
=-1*33.211/-5.517
=6.02

* 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.


Digicore Holdings (JSE:DGC) Business Description

Traded in Other Exchanges
N/A
Address
Digicore Holdings Limited provides machine (M2M) communication and telematics solutions. The company researches, designs, develop, manufactures, sells and supports tailored solutions for customers.

Digicore Holdings (JSE:DGC) Headlines

No Headlines