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SHAPE Australia (ASX:SHA) Interest Expense : A$-0.2 Mil (TTM As of Jun. 2024)


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What is SHAPE Australia Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SHAPE Australia's interest expense for the six months ended in Jun. 2024 was A$ 0.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was A$-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. SHAPE Australia's Operating Income for the six months ended in Jun. 2024 was A$ 7.3 Mil. SHAPE Australia's Interest Expense for the six months ended in Jun. 2024 was A$ 0.6 Mil. SHAPE Australia did not have earnings to cover the interest expense. 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.


SHAPE Australia Interest Expense Historical Data

The historical data trend for SHAPE Australia'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.

SHAPE Australia Interest Expense Chart

SHAPE Australia Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Interest Expense
- -0.01 -0.47 -0.16

SHAPE Australia Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Interest Expense Get a 7-Day Free Trial 0.20 -0.62 0.16 -0.75 0.59

SHAPE Australia 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-0.2 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.


SHAPE Australia  (ASX:SHA) 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.

SHAPE Australia's Interest Expense for the six months ended in Jun. 2024 was A$0.6 Mil. Its Operating Income for the six months ended in Jun. 2024 was A$7.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was A$22.9 Mil.

SHAPE Australia's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. SHAPE Australia Corp Ltd has enough cash to cover all of its debt. Its financial situation is stable.


SHAPE Australia Business Description

Traded in Other Exchanges
N/A
Address
155 Clarence Street, Level 11, Sydney, NSW, AUS, 2000
SHAPE Australia Corp Ltd is a specialist building contractor and construction manager, focused on commercial fit-out and refurbishments, with select capabilities in the new build.

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