Franchise Brands (LSE:FRAN) Interest Expense : £-7.9 Mil (TTM As of Jun. 2024)

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What is Franchise Brands Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Franchise Brands's interest expense for the six months ended in Jun. 2024 was £ -3.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was £-7.9 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. Franchise Brands's Operating Income for the six months ended in Jun. 2024 was £ 8.9 Mil. Franchise Brands's Interest Expense for the six months ended in Jun. 2024 was £ -3.8 Mil. Franchise Brands's Interest Coverage for the quarter that ended in Jun. 2024 was 2.33. 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.

Franchise Brands Interest Expense Historical Data

The historical data trend for Franchise Brands'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.

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Franchise Brands Interest Expense Chart

Franchise Brands Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.36

-0.45

-0.29

-0.24

-5.71

Franchise Brands 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															-0.18	-0.06	-1.61	-4.10	-3.85

Franchise Brands 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 £-7.9 Mil.

Franchise Brands (LSE:FRAN) 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.

Franchise Brands's Interest Expense for the six months ended in Jun. 2024 was £-3.8 Mil. Its Operating Income for the six months ended in Jun. 2024 was £8.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was £81.2 Mil.

Franchise Brands'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	*	8.947	/	-3.848
	=	2.33

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

Franchise Brands Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Franchise Brands PLC (LSE:FRAN) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ashwood Court, Springwood Close, Tytherington Business Park, Macclesfield, GBR, SK10 2XF

Website

https://www.franchisebrands.co.uk

Franchise Brands PLC is a holding company engaged in franchising and related activities. Its brands associated with the company are Metro Rod, Chips Away, Barking Mad, Oven Clean, Metro Plumb, Willow Pumps, and Filta. Its operating segments are Pirtek Europe, Water & Waste Services, B2B, Filta International, B2C, Azura, and Other operations and the majority of the revenue comes from the Water & Waste Services segment.

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