NEX Group (NEX Group) Interest Expense : $-29.9 Mil (TTM As of Mar. 2018)

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What is NEX Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NEX Group's interest expense for the six months ended in Mar. 2018 was $ -12.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2018 was $-29.9 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. NEX Group's Operating Income for the six months ended in Mar. 2018 was $ 139.7 Mil. NEX Group's Interest Expense for the six months ended in Mar. 2018 was $ -12.6 Mil. NEX Group's Interest Coverage for the quarter that ended in Mar. 2018 was 11.11. 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.

NEX Group Interest Expense Historical Data

The historical data trend for NEX Group'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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NEX Group Interest Expense Chart

NEX Group Annual Data

Trend

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Interest Expense

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-63.12

-50.82

-39.89

-33.33

-30.73

NEX Group Semi-Annual Data
	Sep08	Mar09	Sep09	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18
Interest Expense	Get a 7-Day Free Trial															-19.94	-21.03	-13.58	-17.33	-12.57

NEX Group 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 Mar. 2018 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-29.9 Mil.

NEX Group (GREY:NEXGY) 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.

NEX Group's Interest Expense for the six months ended in Mar. 2018 was $-12.6 Mil. Its Operating Income for the six months ended in Mar. 2018 was $139.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2018 was $18.2 Mil.

NEX Group's Interest Coverage for the quarter that ended in Mar. 2018 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2018 )	/	Interest Expense (Q: Mar. 2018 )
	=	-1	*	139.665	/	-12.57
	=	11.11

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

NEX Group (NEX Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » NEX Group PLC (GREY:NEXGY) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Website

http://www.nex.com

NEX Group PLC provides electronic execution, risk mitigation, messaging, broking and information services for wholesale market participants. The Company's reportable segments include NEX Markets and NEX Optimisation. The company acts as an intermediary for FX and fixed income products through the Group's electronic platforms. It is also involved in a non-advisory capacity as principals in the matched purchase and sale of financial instruments between clients and provides technology development services.

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