Panther Securities (LSE:PNS) Interest Expense : £-5.59 Mil (TTM As of Dec. 2023)

View and export this data going back to 1994. Start your Free Trial

What is Panther Securities Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Panther Securities's interest expense for the six months ended in Dec. 2023 was £ -3.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was £-5.59 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. Panther Securities's Operating Income for the six months ended in Dec. 2023 was £ 3.82 Mil. Panther Securities's Interest Expense for the six months ended in Dec. 2023 was £ -3.00 Mil. Panther Securities's Interest Coverage for the quarter that ended in Dec. 2023 was 1.27. 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.

Panther Securities Interest Expense Historical Data

The historical data trend for Panther Securities'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.

Panther Securities Interest Expense Chart

Panther Securities Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-4.91

-5.01

-5.13

-4.75

-5.59

Panther Securities Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-2.72	-2.34	-2.41	-2.59	-3.00

Panther Securities 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-5.59 Mil.

Panther Securities (LSE:PNS) 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.

Panther Securities's Interest Expense for the six months ended in Dec. 2023 was £-3.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was £3.82 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was £8.11 Mil.

Panther Securities's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	3.824	/	-3.001
	=	1.27

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Panther Securities PLC interest coverage is 1.26, which is low.

Panther Securities (LSE:PNS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Panther Securities PLC (LSE:PNS) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Station Close, Unicorn House, Potters Bar, Hertfordshire, GBR, EN6 1TL

Website

https://www.pantherplc.com

Panther Securities PLC is a property investment company engaged in investment and dealing in real estate property and securities. Its objective is to maximize long-term returns for shareholders by stable growth in net asset value and dividend per share, from a consistent and sustainable rental income stream. The Group has a diversified property portfolio and maintains a spread of sectors over retail, industrial, office, and residential. Geographically it operates through the UK which is also the revenue generation region.

Panther Securities (LSE:PNS) Headlines

No Headlines