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Morses Club (Morses Club) Interest Expense : $-1.6 Mil (TTM As of Aug. 2022)


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What is Morses Club Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Morses Club's interest expense for the six months ended in Aug. 2022 was $ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Aug. 2022 was $-1.6 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. Morses Club's Operating Income for the six months ended in Aug. 2022 was $ Mil. Morses Club's Interest Expense for the six months ended in Aug. 2022 was $ Mil. 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.


Morses Club Interest Expense Historical Data

The historical data trend for Morses Club'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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Morses Club Interest Expense Chart

Morses Club Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22
Interest Expense
Get a 7-Day Free Trial Premium Member Only -2.03 -2.27 -4.22 -3.27 -2.69

Morses Club Semi-Annual Data
Feb14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22
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 -1.78 -1.39 -1.15 -1.56 -

Morses Club 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 Aug. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-1.6 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.


Morses Club (Morses Club) Business Description

Traded in Other Exchanges
N/A
Address
1 Colliers Way, Building 1, The Phoenix Centre, Nottingham, GBR, NG8 6AT
Morses Club PLC is a consumer finance company. It provides a range of loan products through a combination of traditional and online marketing channels. The group's segments comprise Home Collected Credit and Digital. The company offers small cash loans between and operates through a network of branches throughout the UK.

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