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Southern Cross Electrical Engineering (ASX:SXE) Interest Expense : A$-3.5 Mil (TTM As of Dec. 2024)


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What is Southern Cross Electrical Engineering Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Southern Cross Electrical Engineering's interest expense for the six months ended in Dec. 2024 was A$ -1.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was A$-3.5 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. Southern Cross Electrical Engineering's Operating Income for the six months ended in Dec. 2024 was A$ 22.6 Mil. Southern Cross Electrical Engineering's Interest Expense for the six months ended in Dec. 2024 was A$ -1.0 Mil. Southern Cross Electrical Engineering's Interest Coverage for the quarter that ended in Dec. 2024 was 22.18. 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.


Southern Cross Electrical Engineering Interest Expense Historical Data

The historical data trend for Southern Cross Electrical Engineering'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.

Southern Cross Electrical Engineering Interest Expense Chart

Southern Cross Electrical Engineering Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.11 -1.45 -1.58 -1.22 -3.02

Southern Cross Electrical Engineering Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.41 -0.81 -0.56 -2.47 -1.02

Southern Cross Electrical Engineering 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-3.5 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.


Southern Cross Electrical Engineering  (ASX:SXE) 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.

Southern Cross Electrical Engineering's Interest Expense for the six months ended in Dec. 2024 was A$-1.0 Mil. Its Operating Income for the six months ended in Dec. 2024 was A$22.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was A$3.0 Mil.

Southern Cross Electrical Engineering's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*22.648/-1.021
=22.18

* 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.


Southern Cross Electrical Engineering Business Description

Traded in Other Exchanges
N/A
Address
225 St Georges Terrace, Level 15, Perth, WA, AUS, 6000
Southern Cross Electrical Engineering Ltd engages in the provision of electrical, instrumentation, communication, and maintenance services. It serves various sectors such as commercial developments; public infrastructure and defence; resources-mining, oil and gas; industrial, utilities and energy; telecommunications and data centres. The company provides its services through the three key segments of SCEE, Heyday, and Trivantage. Geographically, it derives a majority of revenue from Australia.

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