Lovisa Holdings (ASX:LOV) Interest Expense : A$-17.0 Mil (TTM As of Dec. 2023)

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What is Lovisa Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lovisa Holdings's interest expense for the six months ended in Dec. 2023 was A$ -8.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-17.0 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. Lovisa Holdings's Operating Income for the six months ended in Dec. 2023 was A$ 83.6 Mil. Lovisa Holdings's Interest Expense for the six months ended in Dec. 2023 was A$ -8.9 Mil. Lovisa Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 9.34. 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.

Lovisa Holdings Interest Expense Historical Data

The historical data trend for Lovisa Holdings'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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Lovisa Holdings Interest Expense Chart

Lovisa Holdings Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-0.30

-5.06

-5.25

-6.30

-13.07

Lovisa Holdings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial													-2.93	-3.37	-5.05	-8.02	-8.95

Lovisa Holdings 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$-17.0 Mil.

Lovisa Holdings (ASX:LOV) 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.

Lovisa Holdings's Interest Expense for the six months ended in Dec. 2023 was A$-8.9 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$83.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$291.7 Mil.

Lovisa Holdings'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	*	83.567	/	-8.948
	=	9.34

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

Lovisa Holdings (ASX:LOV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lovisa Holdings Ltd (ASX:LOV) » Definitions » Interest Expense

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Traded in Other Exchanges

LO7:Germany

Address

818-820 Glenferrie Road, Level 1, Hawthorn, Melbourne, VIC, AUS, 3122

Website

https://www.lovisa.com

Lovisa is a global fast fashion retailer specialising in jewellery. A vertically integrated supply chain allows it to develop, source, and merchandise its exclusive products. Its target customer base is millennials, seeking affordable and fashionable, or receiving jewellery as gifts. Lovisa's global network of own-operated and franchised stores span across more than 30 countries. Lovisa's sales growth track record is largely underpinned by global store rollouts. The store format and offering is standardised globally, with stores typically in shopping centres and malls with relatively high foot traffic and sales per square metre. Lovisa also operates online stores and in-store piercing services in all its jurisdictions.

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