GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » HomeChoice International PLC (JSE:HIL) » Definitions » Interest Expense

HomeChoice International (JSE:HIL) Interest Expense : R-232 Mil (TTM As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is HomeChoice International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. HomeChoice International's interest expense for the six months ended in Dec. 2023 was R -132 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was R-232 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. HomeChoice International's Operating Income for the six months ended in Dec. 2023 was R 935 Mil. HomeChoice International's Interest Expense for the six months ended in Dec. 2023 was R -132 Mil. HomeChoice International's Interest Coverage for the quarter that ended in Dec. 2023 was 7.08. 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.


HomeChoice International Interest Expense Historical Data

The historical data trend for HomeChoice International'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.

HomeChoice International Interest Expense Chart

HomeChoice International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -101.00 -93.00 -93.00 -129.00 -232.00

HomeChoice International 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 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 -52.00 -56.00 -73.00 -100.00 -132.00

HomeChoice International 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 R-232 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.


HomeChoice International  (JSE:HIL) 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.

HomeChoice International's Interest Expense for the six months ended in Dec. 2023 was R-132 Mil. Its Operating Income for the six months ended in Dec. 2023 was R935 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was R1,925 Mil.

HomeChoice International'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*935/-132
=7.08

* 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.


HomeChoice International (JSE:HIL) Business Description

Traded in Other Exchanges
N/A
Address
c/o Sanlam Trustees International Limited, Labourdonnais Village, Riviere du Rempart, Mapou, MUS, 31803
HomeChoice International PLC is an investment holding company. The company through its subsidiaries operates as a home shopping retailer. The company sells homewares merchandise, personal electronics, and loan products to the middle-income market in Southern Africa. The operating business segments are Retail, Financial Services, and Property. The Retail segment is a home shopping retailer offering a range of household textiles and homeware merchandise and includes clothing and footwear, under the HomeChoice brand. The Financial Services segment provides unsecured personal loan and insurance products under the FinChoice brand to retail customers with good credit records. The Property segment holds land and buildings which are primarily used by HomeChoice, FoneChoice and FinChoice.

HomeChoice International (JSE:HIL) Headlines

From GuruFocus

GISI and Hill International Complete Strategic Merger

By Business Wire Business Wire 12-27-2022