Trustco Group Holdings (JSE:TTO) Interest Expense: R-262.09 Mil (TTM As of Feb. 2024)


JSE:TTO Trustco Group Holdings Ltd JSE:TTO
11 GF Score
Price R0.30
View Full Analysis

What is Trustco Group Holdings Interest Expense?

Trustco Group Holdings JSE:TTO 11 Interest Expense is R-262.09 Mil as of Feb. 2024. GuruFocus rates JSE:TTO with a GF Score™ of 11/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Trustco Group Holdings's interest expense for the six months ended in Feb. 2024 was R -100.42 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was R-262.09 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. Trustco Group Holdings's Operating Income for the six months ended in Feb. 2024 was R 71.30 Mil. Trustco Group Holdings's Interest Expense for the six months ended in Feb. 2024 was R -100.42 Mil. Trustco Group Holdings's Interest Coverage for the quarter that ended in Feb. 2024 was 0.71. 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.

Trustco Group Holdings  (JSE:TTO) 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.

Trustco Group Holdings's Interest Expense for the six months ended in Feb. 2024 was R-100.42 Mil. Its Operating Income for the six months ended in Feb. 2024 was R71.30 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Feb. 2024 was R775.23 Mil.

Trustco Group Holdings's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Feb. 2024 )/Interest Expense (Q: Feb. 2024 )
=-1*71.297/-100.418
=0.71

* 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.

Trustco Group Holdings Interest Expense Historical Data

* Premium members only.

The historical data trend for Trustco Group 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.

Trustco Group Holdings Interest Expense Chart

Trustco Group Holdings Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Aug22 Aug23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -185.79 -201.45 -261.25 -100.42 -236.99

Trustco Group Holdings Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Mar21 Feb22 Aug22 Feb23 Aug23 Feb24
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 -47.20 -53.22 -75.31 -161.67 -100.42
JSE:TTO
11GF Score
Trustco Group Holdings Ltd JSE:TTO
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trustco Group 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 Feb. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-262.09 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-262.09 Mil mean?
Trustco Group Holdings (JSE:TTO) has a Interest Expense of R-262.09 Mil as of Feb. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on Trustco Group Holdings and its competitors.
Is Trustco Group Holdings' Interest Expense too high?
Trustco Group Holdings' current Interest Expense is R-262.09 Mil. Overall, Trustco Group Holdings has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Trustco Group Holdings' Interest Expense compare to BLK and BX?
Trustco Group Holdings' Interest Expense of R-262.09 Mil can be compared against companies in the Asset Management 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 Asset Management company?
A good Interest Expense depends on the Asset Management 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 Trustco Group Holdings and its competitors. Trustco Group Holdings's current Interest Expense is R-262.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trustco Group Holdings stock overvalued right now?
Trustco Group Holdings (JSE:TTO) has a current Interest Expense of R-262.09 Mil. The current Interest Expense is R-262.09 Mil. Trustco Group Holdings' overall GF Score™ is 11/100. 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 Trustco Group Holdings (JSE:TTO), the current Interest Expense is R-262.09 Mil as of Feb. 2024. 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.

Trustco Group Holdings Business Description

Address 2 Keller Street, Eros, P.O. Box 11363, Windhoek, NAM
Trustco Group Holdings Ltd engages in the provision of financial services. The company's operating segment includes Financial Services and Resources. The Financial Services portfolio earns income from insurance premiums, property sales, rental income, investment property activities, banking and finance activities, interest, fees, and commissions from customers, and tuition income. The Resources portfolio conducts mining operations in Namibia and Sierra Leone. The company earns maximum revenue through Micro-Finance.
11GF Score

Get the complete analysis for JSE:TTO

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R0.30
Price