GWA Group (GWA Group) Interest Expense : $-4.5 Mil (TTM As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is GWA Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. GWA Group's interest expense for the six months ended in Dec. 2023 was $ -2.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-4.5 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. GWA Group's Operating Income for the six months ended in Dec. 2023 was $ 18.1 Mil. GWA Group's Interest Expense for the six months ended in Dec. 2023 was $ -2.8 Mil. GWA Group's Interest Coverage for the quarter that ended in Dec. 2023 was 6.40. 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.

GWA Group Interest Expense Historical Data

The historical data trend for GWA 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.

* Premium members only.

GWA Group Interest Expense Chart

GWA Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

Get a 7-Day Free Trial

-2.90

-4.22

-4.05

-3.39

-4.43

GWA Group 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															-2.75	-0.70	-2.81	-1.63	-2.82

GWA 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-4.5 Mil.

GWA Group (OTCPK:GWAXY) 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.

GWA Group's Interest Expense for the six months ended in Dec. 2023 was $-2.8 Mil. Its Operating Income for the six months ended in Dec. 2023 was $18.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $94.0 Mil.

GWA Group'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	*	18.058	/	-2.821
	=	6.40

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

GWA Group (GWA Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » GWA Group Ltd (OTCPK:GWAXY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

GWA:Australia

Address

188 Holt Street, Building 3B, Pinkenba, Brisbane, QLD, AUS, 4008

Website

https://www.gwagroup.com.au

GWA Group Ltd is a leading Australian designer of sanitary-ware and bathroom fittings, having undergone a significant divestment program to focus solely on front-of-wall bathroom and kitchen fittings markets. GWA's portfolio of brands includes Caroma, Dorf, Fowler, and Clark, with Caroma, in particular, enjoying the long history and high brand awareness in the Australian market. As part of GWA's efforts to reorient the business toward water supply solutions, the acquisition of Methven--a leading New Zealand shower and bathroom fittings manufacturer--was completed in April 2019.

GWA Group (GWA Group) Headlines

From GuruFocus

Half Year 2024 GWA Group Ltd Earnings Presentation Transcript

By GuruFocus Research • 02-28-2024