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Stealth Group Holdings (ASX:SGI) Interest Expense : A$-1.3 Mil (TTM As of Dec. 2023)


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What is Stealth Group Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Stealth Group Holdings's interest expense for the six months ended in Dec. 2023 was A$ -0.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.3 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. Stealth Group Holdings's Operating Income for the six months ended in Dec. 2023 was A$ 1.5 Mil. Stealth Group Holdings's Interest Expense for the six months ended in Dec. 2023 was A$ -0.7 Mil. Stealth Group Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 2.16. 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.

Stealth Group Holdings Interest Expense Historical Data

The historical data trend for Stealth Group 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.

* Premium members only.

Stealth Group Holdings Interest Expense Chart

Stealth Group Holdings Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
-0.15 -0.44 -0.45 -0.73 -1.08

Stealth Group Holdings Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.31 -0.41 -0.49 -0.59 -0.68

Stealth Group 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$-1.3 Mil.

* 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.

Stealth Group Holdings  (ASX:SGI) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Stealth Group Holdings's Interest Expense for the six months ended in Dec. 2023 was A$-0.7 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$1.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$6.0 Mil.

Stealth Group 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*1.46/-0.676
=2.16

* 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.

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

Stealth Group Holdings (ASX:SGI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Stealth Group Holdings Ltd (ASX:SGI) » Definitions » Interest Expense
Comparable Companies
ASX:SRH GWW FAST FERG WSO POOL ASX:REH XKRX:047050 WCC OSTO:INDT SITE TSX:TIH AIT MSM CNM LSE:DPLM BECN WBO:ANDR TSX:FTT LSE:RS1
Traded in Other Exchanges
N/A
Address
43 Cedric Street, Stirling, WA, AUS, 6021
Website
https://www.stealthgi.com
Stealth Group Holdings Ltd is an Australia based supplier and distributor of safety, industrial, healthcare and workplace consumables products. It is also a provider of supply chain solutions, with a focus on industrial, trade and consumer retail customer markets. The company's geographical segment includes Australia and International market. It derives a majority of revenue from Australia. Products offered by the company include clothing, footwear, first aid, medical consumables, workplace safety, disposable wipes, drilling, automotive and other industrial supplies and others.

Stealth Group Holdings (ASX:SGI) Headlines

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