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Super Group (JSE:SPG) Interest Expense : R-2,638 Mil (TTM As of Jun. 2024)


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What is Super Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Super Group's interest expense for the six months ended in Jun. 2024 was R -1,379 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was R-2,638 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. Super Group's Operating Income for the six months ended in Jun. 2024 was R 1,882 Mil. Super Group's Interest Expense for the six months ended in Jun. 2024 was R -1,379 Mil. Super Group's Interest Coverage for the quarter that ended in Jun. 2024 was 1.37. 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.


Super Group Interest Expense Historical Data

The historical data trend for Super 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.

Super Group Interest Expense Chart

Super Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -803.17 -680.39 -1,157.72 -1,763.66 -2,637.88

Super Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -613.61 -770.97 -992.69 -1,259.38 -1,378.50

Super 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-2,638 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.


Super Group  (JSE:SPG) 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.

Super Group's Interest Expense for the six months ended in Jun. 2024 was R-1,379 Mil. Its Operating Income for the six months ended in Jun. 2024 was R1,882 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was R26,996 Mil.

Super Group's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*1882.38/-1378.504
=1.37

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Super Group Ltd interest coverage is 1.48, which is low.


Super Group Business Description

Traded in Other Exchanges
Address
27 Impala Road, Chislehurston, Sandton, Johannesburg, ZAF, 2196
Super Group Ltd provides logistics and mobility solutions across sub-Saharan Africa, the UK, Europe, and Australasia. It offers a variety of supply chain, dealership, and fleet solutions. The principal segments of the Group have been identified by the nature of operation into the seven areas of Supply Chain Africa, Supply Chain Europe, Fleet Africa, SG Fleet, Dealerships SA, Dealerships UK and Services. Geographically the company generates the majority of its revenue from South Africa.