Propel Funeral Partners (Propel Funeral Partners) Interest Expense : $-5.6 Mil (TTM As of Dec. 2023)

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

What is Propel Funeral Partners Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Propel Funeral Partners's interest expense for the six months ended in Dec. 2023 was $ -3.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-5.6 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. Propel Funeral Partners's Operating Income for the six months ended in Dec. 2023 was $ 12.9 Mil. Propel Funeral Partners's Interest Expense for the six months ended in Dec. 2023 was $ -3.8 Mil. Propel Funeral Partners's Interest Coverage for the quarter that ended in Dec. 2023 was 3.38. 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.

Propel Funeral Partners Interest Expense Historical Data

The historical data trend for Propel Funeral Partners'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.

Propel Funeral Partners Interest Expense Chart

Propel Funeral Partners Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

Get a 7-Day Free Trial

-0.40

-1.46

-1.96

-1.80

-2.94

Propel Funeral Partners Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial								-0.97	-0.84	-1.15	-1.80	-3.81

Propel Funeral Partners 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 $-5.6 Mil.

Propel Funeral Partners (OTCPK:PFPLF) 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.

Propel Funeral Partners's Interest Expense for the six months ended in Dec. 2023 was $-3.8 Mil. Its Operating Income for the six months ended in Dec. 2023 was $12.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $125.6 Mil.

Propel Funeral Partners'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	*	12.866	/	-3.812
	=	3.38

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. Propel Funeral Partners Ltd interest coverage is 4.2, which is low.

Propel Funeral Partners (Propel Funeral Partners) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Propel Funeral Partners Ltd (OTCPK:PFPLF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

PFP:Australia

Address

135 King Street, Level 18.03, Sydney, NSW, AUS, 2000

Website

https://www.propelfuneralpartners.com.au

Propel Funeral Partners Ltd is an Australia-based company engaged in the provision of death care services. The company owns funeral homes, cremation facilities, cemeteries, and related infrastructure in Queensland, New South Wales, Victoria, Tasmania, South Australia, Western Australia, Australian Capital Territory, and New Zealand. It offers a range of services and products across death care such as tailored to personal, religious, or ethnic preferences. The Group is organized into two geographic segments, Australian operations, and New Zealand operations, both of which operate in the death care-related services industry. The Group generates the majority of its revenue from the Australia operations.

Propel Funeral Partners (Propel Funeral Partners) Headlines

From GuruFocus

Half Year 2024 Propel Funeral Partners Ltd Earnings Call Transcript

By GuruFocus Research • 02-28-2024