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Visual International Holdings (JSE:VIS) Interest Expense : R-2.62 Mil (TTM As of Aug. 2023)


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What is Visual International Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Visual International Holdings's interest expense for the six months ended in Aug. 2023 was R -1.36 Mil. Its interest expense for the trailing twelve months (TTM) ended in Aug. 2023 was R-2.62 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. Visual International Holdings's Operating Income for the six months ended in Aug. 2023 was R -3.75 Mil. Visual International Holdings's Interest Expense for the six months ended in Aug. 2023 was R -1.36 Mil. Visual International 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.

Visual International Holdings Interest Expense Historical Data

The historical data trend for Visual International 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.

Visual International Holdings Interest Expense Chart

Visual International Holdings Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.41 -2.41 -1.31 -1.47 -2.09

Visual International Holdings Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 -0.72 -0.75 -0.82 -1.27 -1.36

Visual International 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 Aug. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-2.62 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.

Visual International Holdings  (JSE:VIS) 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.

Visual International Holdings's Interest Expense for the six months ended in Aug. 2023 was R-1.36 Mil. Its Operating Income for the six months ended in Aug. 2023 was R-3.75 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Aug. 2023 was R14.94 Mil.

Visual International Holdings's Interest Coverage for the quarter that ended in Aug. 2023 is calculated as

Visual International 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.

Visual International Holdings (JSE:VIS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Visual International Holdings Ltd (JSE:VIS) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
23 Kleinplaas, Hohenhort Street, Stellenberg, Western Cape, ZAF, 7550
Website
https://www.visualinternational.co.za
Visual International Holdings Ltd is a property development company. The activity of the group functions through three divisions namely Property Services, Property Investment, and Property Development. The Property Services segment is involved in the rendering of management, administration, and consulting services on development projects. The Property Investment segment is engaged in letting of residential properties held by the group, whereas the Property Development segment looks into the development of residential properties held by the group or sold to third parties. The group's revenue is derived from operations and property holdings in South Africa.