Avon Protection (LSE:AVON) Interest Expense : £-6.5 Mil (TTM As of Mar. 2024)

View and export this data going back to 1949. Start your Free Trial

What is Avon Protection Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Avon Protection's interest expense for the six months ended in Mar. 2024 was £ -3.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was £-6.5 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. Avon Protection's Operating Income for the six months ended in Mar. 2024 was £ 2.0 Mil. Avon Protection's Interest Expense for the six months ended in Mar. 2024 was £ -3.3 Mil. Avon Protection's Interest Coverage for the quarter that ended in Mar. 2024 was 0.62. 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.

Avon Protection Interest Expense Historical Data

The historical data trend for Avon Protection'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.

Avon Protection Interest Expense Chart

Avon Protection Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Expense

Get a 7-Day Free Trial

-1.49

-4.86

-4.37

-3.97

-5.98

Avon Protection Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Interest Expense	Get a 7-Day Free Trial															-1.97	-1.68	-2.88	-3.15	-3.31

Avon Protection 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-6.5 Mil.

Avon Protection (LSE:AVON) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Avon Protection's Interest Expense for the six months ended in Mar. 2024 was £-3.3 Mil. Its Operating Income for the six months ended in Mar. 2024 was £2.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was £65.6 Mil.

Avon Protection's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	2.046	/	-3.305
	=	0.62

The higher the ratio, the stronger the company's financial strength is.

Avon Protection (LSE:AVON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Avon Protection PLC (LSE:AVON) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

AVNBF:USA AVONl:UK AVON.GB:UK 1OK:Germany

Address

Semington Road, Hampton Park West, Melksham, Wiltshire, GBR, SN12 6NB

Website

https://www.avon-protection-plc.com

Avon Protection PLC is engaged in providing technology that designs and produces life-critical personal protection systems to maximize the performance and capabilities of its customers. The company's portfolio of life-critical protection solutions includes full-face respirators, ballistic helmets, escape hoods, SCBA systems, modular PAPR units, thermal imaging cameras, and underwater equipment for the world's militaries and first responders. The company has two operating and reportable segments, these being Respiratory Protection; which is the key revenue generating segment and the Head Protection. Geographically, the revenue is generated from United States which is the key revenue generating market and Europe.

Avon Protection (LSE:AVON) Headlines

No Headlines