SSPPF (SSP Group) Interest Expense : $-150 Mil (TTM As of Sep. 2024)

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What is SSP Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SSP Group's interest expense for the six months ended in Sep. 2024 was $ -79 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-150 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. SSP Group's Operating Income for the six months ended in Sep. 2024 was $ 246 Mil. SSP Group's Interest Expense for the six months ended in Sep. 2024 was $ -79 Mil. SSP Group's Interest Coverage for the quarter that ended in Sep. 2024 was 3.10. 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.

SSP Group Interest Expense Historical Data

The historical data trend for SSP 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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SSP Group Interest Expense Chart

SSP Group Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Interest Expense

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-68.91

-96.98

-94.79

-128.47

-152.78

SSP Group Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Interest Expense	Get a 7-Day Free Trial															-54.59	-59.83	-67.45	-70.39	-79.50

SSP Group 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-150 Mil.

SSP Group (OTCPK:SSPPF) 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.

SSP Group's Interest Expense for the six months ended in Sep. 2024 was $-79 Mil. Its Operating Income for the six months ended in Sep. 2024 was $246 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was $2,150 Mil.

SSP Group's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	246.429	/	-79.497
	=	3.10

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

SSP Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » SSP Group PLC (OTCPK:SSPPF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

SSPGl:UK SSPG:UK 83S2:Germany 83S2:Germany

Address

32 Jamestown Road, London, GBR, NW1 7HW

Website

https://www.foodtravelexperts.com

SSP Group PLC operates food and beverage units in travel locations such as airports and railway stations. Units range from coffee shops and sandwich bars to casual and fine-dining restaurants. Its units operate under more than 300 different brand names, including both proprietary brands and franchised brands, such as Starbucks and Burger King. Its segments include the UK, Continental Europe, North America and the APAC and EEME.