Stelrad Group (LSE:SRAD) Interest Expense : £-6.8 Mil (TTM As of Dec. 2024)

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What is Stelrad Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Stelrad Group's interest expense for the six months ended in Dec. 2024 was £ -2.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was £-6.8 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. Stelrad Group's Operating Income for the six months ended in Dec. 2024 was £ 15.3 Mil. Stelrad Group's Interest Expense for the six months ended in Dec. 2024 was £ -2.7 Mil. Stelrad Group's Interest Coverage for the quarter that ended in Dec. 2024 was 5.65. 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.

Stelrad Group Interest Expense Historical Data

The historical data trend for Stelrad Group'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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Stelrad Group Interest Expense Chart

Stelrad Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-10.09

-9.87

-3.17

-6.14

-6.77

Stelrad Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial							-1.41	-3.58	-2.56	-4.06	-2.72

Stelrad Group 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-6.8 Mil.

Stelrad Group (LSE:SRAD) 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.

Stelrad Group's Interest Expense for the six months ended in Dec. 2024 was £-2.7 Mil. Its Operating Income for the six months ended in Dec. 2024 was £15.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was £83.3 Mil.

Stelrad Group's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	15.346	/	-2.716
	=	5.65

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

Stelrad Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Stelrad Group PLC (LSE:SRAD) » Definitions » Interest Expense

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6OJ:Germany

Address

69-75 Side, Newcastle Upon Tyne, Tyne And Wear, GBR, NE1 3JE

Website

https://www.stelradplc.com

Stelrad Group PLC sells standard and premium steel panel radiators, low surface temperature radiators, towel warmers, decorative steel tubular radiators, and other steel column radiators. It has manufacturing and distribution facilities in the United Kingdom, The Netherlands, and Turkey, additional distribution facilities in Poland and Denmark, and sales personnel in seven other countries, including China. Geographically, the company has three segments; UK & Ireland, Europe, and Turkey & International. The Group operates five established brands (Stelrad, Henrad, Termo Teknik, Hudevad, and Dl Radiators) that enable its products to be tailored to specific channels, maximizing market access and minimizing potential conflict.