Saga (SGPLF) Interest Expense : $-56.8 Mil (TTM As of Jan. 2024)

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What is Saga Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Saga's interest expense for the six months ended in Jan. 2024 was $ -26.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was $-56.8 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. Saga's Operating Income for the six months ended in Jan. 2024 was $ -28.5 Mil. Saga's Interest Expense for the six months ended in Jan. 2024 was $ -26.3 Mil. Saga 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.

Saga Interest Expense Historical Data

The historical data trend for Saga'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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Saga Interest Expense Chart

Saga Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Interest Expense

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-27.06

-41.20

-51.63

-51.65

-56.42

Saga Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Interest Expense	Get a 7-Day Free Trial															-21.41	-26.86	-24.24	-30.54	-26.30

Saga 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 Jan. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-56.8 Mil.

Saga (OTCPK:SGPLF) 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.

Saga's Interest Expense for the six months ended in Jan. 2024 was $-26.3 Mil. Its Operating Income for the six months ended in Jan. 2024 was $-28.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jan. 2024 was $1,045.1 Mil.

Saga's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Saga did not have earnings to cover the interest expense.

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

Saga (SGPLF) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Saga PLC (OTCPK:SGPLF) » Definitions » Interest Expense

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SAGAl:UK SAGA:UK 65J:Germany

Address

3 Pancras Square, London, GBR, N1C 4AG

Website

https://www.saga.co.uk

Saga PLC is a diversified insurance company that also offers lifestyle products and services. The company operates in two main segments: insurance, Cruise and travel. The company generates the vast majority of its revenue from the insurance segment, specifically through premiums and credit income. This segment offers retail motor broking, retail home broking, and underwriting products and services. The travel segment provides group tours, holiday packages, and cruises. Saga's customers are people aged 50 and older, and all revenue comes from the United Kingdom and also from Cruise and travel segment.