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Severfield (LSE:SFR) Interest Expense : £-3.5 Mil (TTM As of Sep. 2024)


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What is Severfield Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Severfield's interest expense for the six months ended in Sep. 2024 was £ -1.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was £-3.5 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. Severfield's Operating Income for the six months ended in Sep. 2024 was £ 15.7 Mil. Severfield's Interest Expense for the six months ended in Sep. 2024 was £ -1.5 Mil. Severfield's Interest Coverage for the quarter that ended in Sep. 2024 was 10.75. 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.

Severfield Interest Expense Historical Data

The historical data trend for Severfield'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.

Severfield Interest Expense Chart

Severfield Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.28 -1.26 -1.21 -2.62 -3.40

Severfield Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 -1.03 -1.59 -1.41 -1.99 -1.47

Severfield 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-3.5 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.

Severfield  (LSE:SFR) 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.

Severfield's Interest Expense for the six months ended in Sep. 2024 was £-1.5 Mil. Its Operating Income for the six months ended in Sep. 2024 was £15.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was £26.5 Mil.

Severfield's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*15.746/-1.465
=10.75

* 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.

Severfield Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Severfield PLC (LSE:SFR) » Definitions » Interest Expense
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Traded in Other Exchanges
SFRl:UK SFR.GB:UK 0L3:Germany 0L3:Germany
Address
Severs House, Dalton Airfield Industrial Estate, Dalton, Thirsk, North Yorkshire, GBR, YO7 3JN
Website
https://www.severfield.com
Severfield PLC is a construction company in the United Kingdom. It is engaged in the design, fabrication, and construction of structural steelwork. The company's operating segments are; Core Construction Operations, and Modular Solutions. Maximum revenue is generated from its Core Construction Operations segment which comprises the combined results of the Commercial and Industrial (C&I) and Nuclear and Infrastructure (N&I) divisions, including the results of Voortman Steel Construction Holding (VSCH). It provides steel superstructures and various other products like modular frames, severstor, and seversafe offload systems. Geographically, the company generates maximum revenue from the United Kingdom and the rest from the Republic of Ireland and continental Europe.

Severfield Headlines

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