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Santova (JSE:SNV) Interest Expense : R-3.1 Mil (TTM As of Aug. 2024)


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What is Santova Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Santova's interest expense for the six months ended in Aug. 2024 was R -1.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Aug. 2024 was R-3.1 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. Santova's Operating Income for the six months ended in Aug. 2024 was R 82.4 Mil. Santova's Interest Expense for the six months ended in Aug. 2024 was R -1.5 Mil. Santova's Interest Coverage for the quarter that ended in Aug. 2024 was 54.29. 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.


Santova Interest Expense Historical Data

The historical data trend for Santova'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.

Santova Interest Expense Chart

Santova Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.67 -5.52 -4.27 -5.79 -3.43

Santova Semi-Annual Data
Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 -2.84 -2.95 -1.85 -1.58 -1.52

Santova 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-3.1 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.


Santova  (JSE:SNV) 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.

Santova's Interest Expense for the six months ended in Aug. 2024 was R-1.5 Mil. Its Operating Income for the six months ended in Aug. 2024 was R82.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Aug. 2024 was R20.8 Mil.

Santova's Interest Coverage for the quarter that ended in Aug. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Aug. 2024 )/Interest Expense (Q: Aug. 2024 )
=-1*82.407/-1.518
=54.29

* 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.


Santova Business Description

Traded in Other Exchanges
N/A
Address
Level 3 West, 1 Ncondo Place, Umhlanga Ridge, Umhlanga, NL, ZAF, 4319
Santova Ltd is a South African firm engaged in the international trade solutions business. Its core services are Supply chain solutions, business intelligence, logistic services, Client Sourcing, Procurement Management Services, Express sensitive services, and financial services. The company operates in three segments, namely Logistics services segment is into the coordination and control over the forward and reverse movement of client's goods across the entire supply chain from source to destination; Financial services comprise insurance and related services and the Head office segment provides support services to all group's business unit. Majority of its revenue is derived from the Logistics segment. Its geographical segments include Africa, Asia Pacific, UK, North America and Europe.