Sanderson Design Group (Sanderson Design Group) Interest Expense : $-0.2 Mil (TTM As of Jan. 2024)

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What is Sanderson Design Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sanderson Design Group's interest expense for the six months ended in Jan. 2024 was $ -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was $-0.2 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. Sanderson Design Group's Operating Income for the six months ended in Jan. 2024 was $ 4.8 Mil. Sanderson Design Group's Interest Expense for the six months ended in Jan. 2024 was $ -0.1 Mil. Sanderson Design Group's Interest Coverage for the quarter that ended in Jan. 2024 was 82.81. 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.

Sanderson Design Group Interest Expense Historical Data

The historical data trend for Sanderson Design 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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Sanderson Design Group Interest Expense Chart

Sanderson Design Group Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Interest Expense

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-0.65

-0.38

-0.21

-0.19

-0.25

Sanderson Design Group 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															-0.10	-0.10	-0.08	-0.19	-0.06

Sanderson Design 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 Jan. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.2 Mil.

Sanderson Design Group (OTCPK:WKGBF) 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.

Sanderson Design Group's Interest Expense for the six months ended in Jan. 2024 was $-0.1 Mil. Its Operating Income for the six months ended in Jan. 2024 was $4.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jan. 2024 was $4.7 Mil.

Sanderson Design Group'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	*	4.803	/	-0.058
	=	82.81

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. Sanderson Design Group PLC has enough cash to cover all of its debt. Its financial situation is stable.

Sanderson Design Group (Sanderson Design Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Sanderson Design Group PLC (OTCPK:WKGBF) » Definitions » Interest Expense

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Traded in Other Exchanges

SDG:UK

Address

Oxford Road, Chalfont House, Denham, GBR, UB9 4DX

Website

https://www.sandersondesigngroup.com

Sanderson Design Group PLC is a luxury interior furnishings company that designs, manufactures, and markets wallpapers and fabrics together with a wide range of ancillary interior products. The reportable divisions are Brands and Manufacturing. Brands division comprising the design, marketing, sales, distribution, and licensing activities of Sanderson, Morris and Co., Harlequin, Anthology, Clarke, and Clarke and Studio G brands operated from the United Kingdom and its foreign subsidiaries in the United States, France, Russia, and Germany. The manufacturing division comprises the wallcovering and printed fabric manufacturing businesses operated by Anstey and Standfast respectively. The majority of the revenue is generated from the Brands division.

Sanderson Design Group (Sanderson Design Group) Headlines

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