The Convenience Shop Holding (MAL:CVS) Interest Expense : €-0.82 Mil (TTM As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is The Convenience Shop Holding Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. The Convenience Shop Holding's interest expense for the six months ended in Dec. 2023 was € -0.40 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-0.82 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. The Convenience Shop Holding's Operating Income for the six months ended in Dec. 2023 was € 1.49 Mil. The Convenience Shop Holding's Interest Expense for the six months ended in Dec. 2023 was € -0.40 Mil. The Convenience Shop Holding's Interest Coverage for the quarter that ended in Dec. 2023 was 3.72. 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.

The Convenience Shop Holding Interest Expense Historical Data

The historical data trend for The Convenience Shop Holding'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.

The Convenience Shop Holding Interest Expense Chart

The Convenience Shop Holding Annual Data

Trend

Dec22

Dec23

Interest Expense

-0.97

-0.82

The Convenience Shop Holding Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Interest Expense	-0.48	-0.49	-0.43	-0.40

The Convenience Shop Holding 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 €-0.82 Mil.

The Convenience Shop Holding (MAL:CVS) 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.

The Convenience Shop Holding's Interest Expense for the six months ended in Dec. 2023 was €-0.40 Mil. Its Operating Income for the six months ended in Dec. 2023 was €1.49 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €17.23 Mil.

The Convenience Shop Holding'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	*	1.486	/	-0.399
	=	3.72

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. The Convenience Shop Holding PLC interest coverage is 3.68, which is low.

The Convenience Shop Holding (MAL:CVS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » The Convenience Shop Holding PLC (MAL:CVS) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Mdina Road, Marant Food Products, Zebbug, MLT, 9017

Website

https://www.theconvenienceshop.com

The Convenience Shop Holding PLC operates and franchises grocery stores in the fast-moving consumer goods ('FMCG') industry. Through its subsidiaries, the Company manages a chain of retail outlets under The Convenience Shop brand in various locations across Malta. The Group currently operates approximately 40 shops of which 4 shops are owned by minority shareholders and 1 shop (The Convenience Shop for Puttinu Cares Ltd) is operated for charity.