Bloomsbury Publishing (LSE:BMY) Interest Expense : £-0.4 Mil (TTM As of Aug. 2023)

View and export this data going back to 1994. Start your Free Trial

What is Bloomsbury Publishing Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bloomsbury Publishing's interest expense for the six months ended in Aug. 2023 was £ -0.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Aug. 2023 was £-0.4 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. Bloomsbury Publishing's Operating Income for the six months ended in Aug. 2023 was £ 13.6 Mil. Bloomsbury Publishing's Interest Expense for the six months ended in Aug. 2023 was £ -0.2 Mil. Bloomsbury Publishing's Interest Coverage for the quarter that ended in Aug. 2023 was 80.36. 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.

Bloomsbury Publishing Interest Expense Historical Data

The historical data trend for Bloomsbury Publishing'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.

Bloomsbury Publishing Interest Expense Chart

Bloomsbury Publishing Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Interest Expense

Get a 7-Day Free Trial

-0.05

-0.51

-0.60

-0.49

-0.46

Bloomsbury Publishing 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															-0.21	-0.27	-0.21	-0.25	-0.17

Bloomsbury Publishing 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 £-0.4 Mil.

Bloomsbury Publishing (LSE:BMY) 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.

Bloomsbury Publishing's Interest Expense for the six months ended in Aug. 2023 was £-0.2 Mil. Its Operating Income for the six months ended in Aug. 2023 was £13.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Aug. 2023 was £7.4 Mil.

Bloomsbury Publishing's Interest Coverage for the quarter that ended in Aug. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Aug. 2023 )	/	Interest Expense (Q: Aug. 2023 )
	=	-1	*	13.58	/	-0.169
	=	80.36

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Bloomsbury Publishing PLC has enough cash to cover all of its debt. Its financial situation is stable.

Bloomsbury Publishing (LSE:BMY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Bloomsbury Publishing PLC (LSE:BMY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

BMYl:UK BMY.GB:UK 5JZ:Germany

Address

50 Bedford Square, London, GBR, WC1B 3DP

Website

https://www.bloomsbury.com

Bloomsbury Publishing PLC is a publisher of books and other media for general readers, children, students, researchers, and professionals. It offers authors access to these multiple markets in multiple formats throughout the world in print, through e-books, digital downloads, and apps in schools, libraries, universities, and in terrestrial and internet bookshops. The company divisions are Consumer and Non-Consumer. Consumer division is split out into Children's Trade and Adult Trade; and Non-Consumer split between Academic and Professional, Education, Special Interest, and Content Services. It derives maximum revenue from the Consumer division segment. The company operates in the UK, North America, and other countries.