Conduit Capital (JSE:CND) Interest Expense: R-9 Mil (TTM As of Jun. 2022)

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What is Conduit Capital Interest Expense?

Conduit Capital JSE:CND Interest Expense is R-9 Mil as of Jun. 2022.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Conduit Capital's interest expense for the six months ended in Jun. 2022 was R -4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2022 was R-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. Conduit Capital's Operating Income for the six months ended in Jun. 2022 was R -128 Mil. Conduit Capital's Interest Expense for the six months ended in Jun. 2022 was R -4 Mil. Conduit Capital did not have earnings to cover the interest expense. 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.

Conduit Capital  (JSE:CND) 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.

Conduit Capital's Interest Expense for the six months ended in Jun. 2022 was R-4 Mil. Its EBIT for the six months ended in Jun. 2022 was R-128 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2022 was R46 Mil.

Conduit Capital's Interest Coverage for the quarter that ended in Jun. 2022 is calculated as

Conduit Capital did not have earnings to cover the interest expense.

* 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.

Conduit Capital Interest Expense Historical Data

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The historical data trend for Conduit Capital'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.

Conduit Capital Interest Expense Chart

Conduit Capital Annual Data
Trend Aug13 Aug14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.14 -3.18 -8.33 -8.12 -9.15

Conduit Capital Semi-Annual Data
Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 -4.48 -3.40 -4.72 -5.02 -4.13

Conduit Capital 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 Jun. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-9 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of R-9 Mil mean?
Conduit Capital (JSE:CND) has a Interest Expense of R-9 Mil as of Jun. 2022. Interest Expense is the amount a company pays on its long-term debt. View historical data on Conduit Capital and its competitors.
Is Conduit Capital's Interest Expense too high?
Conduit Capital's current Interest Expense is R-9 Mil.
How does Conduit Capital's Interest Expense compare to BRK.A and AIG?
Conduit Capital's Interest Expense of R-9 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for an Insurance company?
A good Interest Expense depends on the Insurance industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Conduit Capital and its competitors. Conduit Capital's current Interest Expense is R-9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Conduit Capital stock overvalued right now?
Conduit Capital (JSE:CND) has a current Interest Expense of R-9 Mil. The current Interest Expense is R-9 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Conduit Capital (JSE:CND), the current Interest Expense is R-9 Mil as of Jun. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Conduit Capital Business Description

Address 67 Carlisle Street, Paardeneiland, Cape Town, WC, ZAF, 7405
Conduit Capital Ltd is a South Africa-based investment holding company. The company, through its subsidiaries and associates, carries on business in the financial services industry with a focus on insurance. The company serves in two segments: Insurance and Risk, and Investment. The Insurance and Risk division includes the company's insurance interests. The company writes both short-term and long-term insurance business. The long-term business consists mainly of funeral cover, comprising both individual business and group schemes. Several lines of short-term business are written, providing cover to individuals and ensuring business risks. The main short-term lines of business include Guarantee, Liability, Motor, and others.