Bravura Solutions (ASX:BVS) Interest Expense : A$-0.3 Mil (TTM As of Dec. 2023)

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What is Bravura Solutions Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bravura Solutions's interest expense for the six months ended in Dec. 2023 was A$ -0.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.3 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. Bravura Solutions's Operating Income for the six months ended in Dec. 2023 was A$ 0.9 Mil. Bravura Solutions's Interest Expense for the six months ended in Dec. 2023 was A$ -0.2 Mil. Bravura Solutions's Interest Coverage for the quarter that ended in Dec. 2023 was 5.36. 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.

Bravura Solutions Interest Expense Historical Data

The historical data trend for Bravura Solutions'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.

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Bravura Solutions Interest Expense Chart

Bravura Solutions Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-0.19

-0.82

-1.73

-1.06

-1.18

Bravura Solutions Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial										-1.53	0.46	-1.09	-0.09	-0.16

Bravura Solutions 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$-0.3 Mil.

Bravura Solutions (ASX:BVS) 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.

Bravura Solutions's Interest Expense for the six months ended in Dec. 2023 was A$-0.2 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$0.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$20.3 Mil.

Bravura Solutions'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	*	0.869	/	-0.162
	=	5.36

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

Bravura Solutions (ASX:BVS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Bravura Solutions Ltd (ASX:BVS) » Definitions » Interest Expense

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BRA:Germany

Address

345 George Street, Level 6, Sydney, NSW, AUS, 2000

Website

https://www.bravurasolutions.com

Bravura Solutions Ltd is engaged in the development, licensing and maintenance of highly specialized administration and management software applications as well as the provision of professional consulting services. It has two operating segments: Wealth Management and Funds Administration. The company generates maximum revenue from the Wealth Management segment. Wealth Management segment platforms provide end-to-end processing to support all back-office functions relating to the daily management of superannuation, pensions, life insurance, investment, private wealth and portfolio administration. Geographically, it derives a majority of revenue from Australia and also has a presence in the UK, New Zealand, and Other Countries.