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Low & Bonar (LSE:BD90.PFD) Interest Expense : £-5.50 Mil (TTM As of Nov. 2019)


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What is Low & Bonar Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Low & Bonar's interest expense for the six months ended in Nov. 2019 was £ -2.60 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2019 was £-5.50 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. Low & Bonar's Operating Income for the six months ended in Nov. 2019 was £ 42.30 Mil. Low & Bonar's Interest Expense for the six months ended in Nov. 2019 was £ -2.60 Mil. Low & Bonar's Interest Coverage for the quarter that ended in Nov. 2019 was 16.27. 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.


Low & Bonar Interest Expense Historical Data

The historical data trend for Low & Bonar'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.

Low & Bonar Interest Expense Chart

Low & Bonar Annual Data
Trend Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.10 -5.30 -4.50 -5.70 -5.50

Low & Bonar Semi-Annual Data
May10 Nov10 May11 Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19
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 -2.10 -2.80 -2.90 -2.90 -2.60

Low & Bonar 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 Nov. 2019 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-5.50 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.


Low & Bonar  (LSE:BD90.PFD) 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.

Low & Bonar's Interest Expense for the six months ended in Nov. 2019 was £-2.60 Mil. Its Operating Income for the six months ended in Nov. 2019 was £42.30 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Nov. 2019 was £119.60 Mil.

Low & Bonar's Interest Coverage for the quarter that ended in Nov. 2019 is calculated as

Interest Coverage=-1* Operating Income (Q: Nov. 2019 )/Interest Expense (Q: Nov. 2019 )
=-1*42.3/-2.6
=16.27

* 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.


Low & Bonar Business Description

Traded in Other Exchanges
N/A
Address
One Connaught Place, London, GBR, W2 2ET
Low & Bonar PLC manufactures and supplies performance materials to create yarns, fibers, industrial and coated fabrics, and composite materials. Its reportable segments include the Colbond segment, selling products to the building, flooring, industrial and automotive industries, and comprising the Group's Colback and Enka technologies, along with the woven product produced in China. This segment comprises three business segments, organized regionally, being EMEA, APAC and the Americas. The Coated Technical Textiles segment producing coated fabrics. The majority of the revenue is derived from Colbond segment.

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