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Harland & Wolff Group Holdings (LSE:HARL) Interest Expense : £-20.44 Mil (TTM As of Jun. 2023)


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What is Harland & Wolff Group Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Harland & Wolff Group Holdings's interest expense for the six months ended in Jun. 2023 was £ -13.82 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was £-20.44 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. Harland & Wolff Group Holdings's Operating Income for the six months ended in Jun. 2023 was £ -17.69 Mil. Harland & Wolff Group Holdings's Interest Expense for the six months ended in Jun. 2023 was £ -13.82 Mil. Harland & Wolff Group Holdings did not have earnings to cover the interest expense. 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.


Harland & Wolff Group Holdings Interest Expense Historical Data

The historical data trend for Harland & Wolff 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.

* Premium members only.

Harland & Wolff Group Holdings Interest Expense Chart

Harland & Wolff Group Holdings Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Dec22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.06 -0.10 -0.10 -1.23 -10.20

Harland & Wolff Group Holdings Semi-Annual Data
Jan13 Jul13 Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jun22 Dec22 Jun23
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 -0.96 -1.00 -3.58 -6.62 -13.82

Harland & Wolff 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-20.44 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.


Harland & Wolff Group Holdings  (LSE:HARL) 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.

Harland & Wolff Group Holdings's Interest Expense for the six months ended in Jun. 2023 was £-13.82 Mil. Its Operating Income for the six months ended in Jun. 2023 was £-17.69 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was £19.22 Mil.

Harland & Wolff Group Holdings's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Harland & Wolff Group Holdings did not have earnings to cover the interest expense.

* 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.


Harland & Wolff Group Holdings (LSE:HARL) Business Description

Traded in Other Exchanges
Address
2 Swan Lane, Fieldfisher Riverbank House, London, GBR, EC4R 3TT
Harland & Wolff Group Holdings PLC is a multisite fabrication company, operating in the maritime and offshore industry through markets such as commercial, cruise and ferry, and renewables and six services namely technical services, fabrication and construction, decommissioning, repair and maintenance, in-service support and conversion. The Comapny is organised into 6 segments: Cruise & Ferry, Commercial, Energy, Defence, Renewables and other being Head Office related. The Company generates revenue from multiple streams including shipbuilding, engineering (e.g. fabrication of wind turbines) and ship repairs and maintenance.

Harland & Wolff Group Holdings (LSE:HARL) Headlines