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Smart (J) (Contractors) (LSE:SMJ) Interest Expense : £-0.01 Mil (TTM As of Jan. 2024)


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What is Smart (J) (Contractors) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Smart (J) (Contractors)'s interest expense for the six months ended in Jan. 2024 was £ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was £-0.01 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. Smart (J) (Contractors)'s Operating Income for the six months ended in Jan. 2024 was £ 0.02 Mil. Smart (J) (Contractors)'s Interest Expense for the six months ended in Jan. 2024 was £ -0.01 Mil. Smart (J) (Contractors)'s Interest Coverage for the quarter that ended in Jan. 2024 was 2.43. 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.


Smart (J) (Contractors) Interest Expense Historical Data

The historical data trend for Smart (J) (Contractors)'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.

Smart (J) (Contractors) Interest Expense Chart

Smart (J) (Contractors) Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.01 -0.03 -0.01 -0.01

Smart (J) (Contractors) Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 -0.01 -0.01 -0.01 -0.01 -0.01

Smart (J) (Contractors) 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 Jan. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.01 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.


Smart (J) (Contractors)  (LSE:SMJ) 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.

Smart (J) (Contractors)'s Interest Expense for the six months ended in Jan. 2024 was £-0.01 Mil. Its Operating Income for the six months ended in Jan. 2024 was £0.02 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jan. 2024 was £0.21 Mil.

Smart (J) (Contractors)'s Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jan. 2024 )/Interest Expense (Q: Jan. 2024 )
=-1*0.017/-0.007
=2.43

* 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.


Smart (J) (Contractors) (LSE:SMJ) Business Description

Traded in Other Exchanges
N/A
Address
28 Cramond Road South, Edinburgh, GBR, EH4 6AB
Smart (J) & Co (Contractors) PLC is a construction company. Its activities include building and civil engineering contracting, a residential development for sale, and the development of industrial and commercial property for lease and sale. The main construction activity undertaken by the company is that of social housing for several housing associations and registered social landlords predominately in the Edinburgh area. It has a portfolio of self-financed industrial and commercial properties that are owned and managed by its subsidiary company. The investment properties are located throughout the central belt of Scotland and in the Edinburgh area.

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