VFD Group (NSA:VFDGROUP) Interest Expense : ₦ Mil (TTM As of . 20)

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What is VFD Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. VFD Group's interest expense for the six months ended in . 20 was ₦ 0.00 Mil. VFD Group does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. VFD Group's Operating Income for the six months ended in . 20 was ₦ 0.00 Mil. VFD Group's Interest Expense for the six months ended in . 20 was ₦ 0.00 Mil. VFD Group did not have earnings to cover the interest expense. 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.

VFD Group Interest Expense Historical Data

The historical data trend for VFD 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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VFD Group Interest Expense Chart

VFD Group Annual Data

Trend

Interest Expense

VFD Group Semi-Annual Data

Interest Expense

VFD Group Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

VFD Group (NSA:VFDGROUP) 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.

VFD Group's Interest Expense for the six months ended in . 20 was ₦0.00 Mil. Its Operating Income for the six months ended in . 20 was ₦0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in . 20 was ₦0.00 Mil.

VFD Group's Interest Coverage for the quarter that ended in . 20 is calculated as

VFD Group had no long-term debt ⁽¹⁾.

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

VFD Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » VFD Group Plc (NSA:VFDGROUP) » Definitions » Interest Expense

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Address

8 Macgregor Road, Ikoyi, Lagos, NGA

Website

https://www.vfdgroup.com

VFD Group Plc is a company whose business is to create value in the Nigerian and African informal sectors while developing innovative and accessible products and solutions in the formal sector. Their diverse portfolio, which includes financial services, asset management, real estate, and Fintech, to name a few, represents a uniquely diversified investment bouquet that helps them manage risk and allows them to build an ecosystem with various complementary offerings.

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