PSV Holdings (JSE:PSV) Interest Expense: R-1.4 Mil (TTM As of Aug. 2019)


What is PSV Holdings Interest Expense?

PSV Holdings JSE:PSV Interest Expense is R-1.4 Mil as of Aug. 2019.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PSV Holdings's interest expense for the six months ended in Aug. 2019 was R -0.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Aug. 2019 was R-1.4 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. PSV Holdings's Operating Income for the six months ended in Aug. 2019 was R -4.6 Mil. PSV Holdings's Interest Expense for the six months ended in Aug. 2019 was R -0.6 Mil. PSV Holdings 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.

PSV Holdings  (JSE:PSV) 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.

PSV Holdings's Interest Expense for the six months ended in Aug. 2019 was R-0.6 Mil. Its Operating Income for the six months ended in Aug. 2019 was R-4.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Aug. 2019 was R29.8 Mil.

PSV Holdings's Interest Coverage for the quarter that ended in Aug. 2019 is calculated as

PSV Holdings 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.

PSV Holdings Interest Expense Historical Data

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The historical data trend for PSV Holdings'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.

PSV Holdings Interest Expense Chart

PSV Holdings Annual Data
Trend Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.69 -4.47 -2.94 -1.95 -2.14

PSV Holdings Semi-Annual Data
Feb10 Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19
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 0.00 -1.01 -0.95 -0.87 -0.56

PSV Holdings 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 Aug. 2019 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-1.4 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-1.4 Mil mean?
PSV Holdings (JSE:PSV) has a Interest Expense of R-1.4 Mil as of Aug. 2019. Interest Expense is the amount a company pays on its long-term debt. View historical data on PSV Holdings and its competitors.
Is PSV Holdings' Interest Expense too high?
PSV Holdings' current Interest Expense is R-1.4 Mil.
How does PSV Holdings' Interest Expense compare to HON and MMM?
PSV Holdings' Interest Expense of R-1.4 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Interest Expense depends on the Industrial Products 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 PSV Holdings and its competitors. PSV Holdings's current Interest Expense is R-1.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PSV Holdings stock overvalued right now?
PSV Holdings (JSE:PSV) has a current Interest Expense of R-1.4 Mil. The current Interest Expense is R-1.4 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 PSV Holdings (JSE:PSV), the current Interest Expense is R-1.4 Mil as of Aug. 2019. 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.

PSV Holdings Business Description

Address Corner of Serenade & North Reef Roads, Henville Ext. Elandsfontein Rail, Germiston, ZAF, 1429
PSV Holdings Ltd is an industrial engineering holding company. It is engaged in providing steel, stainless steel, industrial supplies, specialized control valves, engineering linings, cryogenic equipment and storage tankers and also provides technology to the mining, water, wastewater management, health care, infrastructure and manufacturing sectors in South Africa and Africa. The company operates in two segments namely Industrial Supplies that includes steel, piping, industrial tools and consumable supplies and others; and Specialized Services that includes comprehensive cryogenic and gas systems. It derives key revenue from the Industrial supplies segment. Geographically, the group has operations in South Africa and other countries.