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Topps Tiles (CHIX:TPTL) Interest Expense : £-4.8 Mil (TTM As of Mar. 2024)


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What is Topps Tiles Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Topps Tiles's interest expense for the six months ended in Mar. 2024 was £ -2.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was £-4.8 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. Topps Tiles's Operating Income for the six months ended in Mar. 2024 was £ 0.6 Mil. Topps Tiles's Interest Expense for the six months ended in Mar. 2024 was £ -2.3 Mil. Topps Tiles's Interest Coverage for the quarter that ended in Mar. 2024 was 0.26. 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.


Topps Tiles Interest Expense Historical Data

The historical data trend for Topps Tiles'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.

Topps Tiles Interest Expense Chart

Topps Tiles Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.87 -3.90 -4.16 -4.01 -4.70

Topps Tiles Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 -1.91 -2.10 -2.20 -2.50 -2.27

Topps Tiles 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-4.8 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.


Topps Tiles  (CHIX:TPTl) 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.

Topps Tiles's Interest Expense for the six months ended in Mar. 2024 was £-2.3 Mil. Its Operating Income for the six months ended in Mar. 2024 was £0.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was £72.5 Mil.

Topps Tiles's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*0.583/-2.266
=0.26

* 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.


Topps Tiles (CHIX:TPTL) Business Description

Traded in Other Exchanges
Address
Thorpe Way, Grove Park, Enderby, Leicestershire, GBR, LE19 1SU
Topps Tiles PLC is a tile and flooring retailer in the UK. The company focuses on selling ceramic and porcelain tiles, natural stone, and related products for homes and businesses. It offers products such as bathroom tiles, kitchen tiles, floor tiles, wall tiles, mosaic tiles, natural stone, and other tools and essentials. The company generates the majority of its revenues from sales in the UK.

Topps Tiles (CHIX:TPTL) Headlines

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