Solvar (ASX:SVR) Interest Paid : A$-53.8 Mil (TTM As of Dec. 2023)

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What is Solvar Interest Paid?

Solvar's Interest Paid for the six months ended in Dec. 2023 was A$-28.6 Mil.

Solvar's Interest Paid for the trailing twelve months (TTM) ended in Dec. 2023 was A$-53.8 Mil.

Solvar Interest Paid Historical Data

The historical data trend for Solvar's Interest Paid 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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Solvar Interest Paid Chart

Solvar Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Paid

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-12.23

-14.92

-18.59

-21.96

-43.41

Solvar Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Paid	Get a 7-Day Free Trial															-9.35	-12.62	-18.22	-25.19	-28.62

Solvar Interest Paid Calculation

A company's cash flow from operations for a time period can be determined using either the direct or indirect method. The indirect method modifies the operating section from accrual accounting to a cash basis by taking the net income generated in a period and adding or subtracting changes in the asset and liability accounts to determine the implied cash flow. However, the direct method uses actual cash inflows and outflows from the company's operations directly. Interest Paid represents interest paid on loans, debt or borrowings, in the direct cash flow method.

Interest Paid 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$-53.8 Mil.

Solvar Interest Paid Related Terms

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Solvar (ASX:SVR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Solvar Ltd (ASX:SVR) » Definitions » Interest Paid

Comparable Companies

Traded in Other Exchanges

N/A

Address

40 Graduate Road, Level 1, Bundoora, Melbourne, VIC, AUS, 3083

Website

https://www.solvar.com.au

Solvar Ltd is a financial services company. It is engaged in the provision of finance specializing in the delivery of secured automotive loans as well as secured and unsecured personal loans. The company's geographical segment includes Australia and New Zealand. It generates maximum revenue from the Australia segment. Australia segment provides lending facilities in Australia generally based on the provision of an underlying asset as security, referred through a broker.

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