SPAR Group (FRA:PMH) Interest Expense : €-1.9 Mil (TTM As of Mar. 2024)

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What is SPAR Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SPAR Group's interest expense for the three months ended in Mar. 2024 was € -0.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-1.9 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. SPAR Group's Operating Income for the three months ended in Mar. 2024 was € 2.2 Mil. SPAR Group's Interest Expense for the three months ended in Mar. 2024 was € -0.5 Mil. SPAR Group's Interest Coverage for the quarter that ended in Mar. 2024 was 4.55. 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.

SPAR Group Interest Expense Historical Data

The historical data trend for SPAR Group'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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SPAR Group Interest Expense Chart

SPAR Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.94

-0.57

-0.52

-0.91

-1.76

SPAR Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-0.36	-0.44	-0.36	-0.62	-0.49

SPAR Group 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 quarterly data reported by the company within the most recent 12 months, which was €-1.9 Mil.

SPAR Group (FRA:PMH) 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.

SPAR Group's Interest Expense for the three months ended in Mar. 2024 was €-0.5 Mil. Its Operating Income for the three months ended in Mar. 2024 was €2.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €8.7 Mil.

SPAR Group'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	*	2.222	/	-0.488
	=	4.55

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

SPAR Group (FRA:PMH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SPAR Group Inc (FRA:PMH) » Definitions » Interest Expense

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SGRP:USA

Address

1910 Opdyke Court, Auburn Hills, MI, USA, 48326

Website

https://www.sparinc.com

SPAR Group Inc is a supplier of merchandising and other marketing services. It also provides in-store event staffing, product sampling, audit services, furniture and other product assembly services, technology services and marketing research services. The company divides its operations into two reportable segments: Domestic division is comprised of all operations within the United States; and The International division is a consolidation of all other operations and joint ventures. Its customers are from retail and manufacturing segments. Its geographic presence is in Brazil, South Africa, Mexico, China, Japan, India, Canada, Australia, Turkey, and United States from where it generates maximum revenue.

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