FDM Group (Holdings) (CHIX:FDML) Interest Expense : £-0.7 Mil (TTM As of Dec. 2023)

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What is FDM Group (Holdings) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. FDM Group (Holdings)'s interest expense for the six months ended in Dec. 2023 was £ -0.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was £-0.7 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. FDM Group (Holdings)'s Operating Income for the six months ended in Dec. 2023 was £ 25.7 Mil. FDM Group (Holdings)'s Interest Expense for the six months ended in Dec. 2023 was £ -0.5 Mil. FDM Group (Holdings)'s Interest Coverage for the quarter that ended in Dec. 2023 was 53.37. 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.

FDM Group (Holdings) Interest Expense Historical Data

The historical data trend for FDM 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.

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FDM Group (Holdings) Interest Expense Chart

FDM Group (Holdings) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.83

-0.75

-0.56

-0.47

-0.73

FDM Group (Holdings) Semi-Annual Data
	Jun14	Dec14	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															-0.22	-0.29	-0.19	-0.24	-0.48

FDM 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 £-0.7 Mil.

FDM Group (Holdings) (CHIX:FDMl) 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.

FDM Group (Holdings)'s Interest Expense for the six months ended in Dec. 2023 was £-0.5 Mil. Its Operating Income for the six months ended in Dec. 2023 was £25.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was £15.7 Mil.

FDM 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	*	25.723	/	-0.482
	=	53.37

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. FDM Group (Holdings) PLC has enough cash to cover all of its debt. Its financial situation is stable.

FDM Group (Holdings) (CHIX:FDML) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » FDM Group (Holdings) PLC (CHIX:FDMl) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

FDM.GB:UK FDM:UK 17F:Germany

Address

Cottons Lane, 3rd Floor, Cottons Centre, London, GBR, SE1 2QG

Website

https://www.fdmgroup.com

FDM Group (Holdings) PLC is a holdings company that provides a variety of information technology, or IT, services through its subsidiaries. The company's primary services consist of IT and business consulting with a focus on application development and testing, support, project management, data services, business analysis, business intelligence, and cybersecurity. The company organizes itself into four segments based on geography: United Kingdom, North America, Europe, the Middle East and Africa, and Asia-Pacific. The United Kingdom segment generates the majority of revenue.