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Bridgepoint Group (LSE:BPT) Interest Expense : £-5.3 Mil (TTM As of Dec. 2023)


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What is Bridgepoint Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bridgepoint Group's interest expense for the six months ended in Dec. 2023 was £ -2.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was £-5.3 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. Bridgepoint Group's Operating Income for the six months ended in Dec. 2023 was £ 32.7 Mil. Bridgepoint Group's Interest Expense for the six months ended in Dec. 2023 was £ -2.6 Mil. Bridgepoint Group's Interest Coverage for the quarter that ended in Dec. 2023 was 12.58. 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.


Bridgepoint Group Interest Expense Historical Data

The historical data trend for Bridgepoint 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.

* Premium members only.

Bridgepoint Group Interest Expense Chart

Bridgepoint Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -4.81 -4.90 -5.90 -4.70 -5.30

Bridgepoint Group Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only -2.70 -2.40 -2.30 -2.70 -2.60

Bridgepoint 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-5.3 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.


Bridgepoint Group  (LSE:BPT) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Bridgepoint Group's Interest Expense for the six months ended in Dec. 2023 was £-2.6 Mil. Its Operating Income for the six months ended in Dec. 2023 was £32.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was £1,250.2 Mil.

Bridgepoint Group'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*32.7/-2.6
=12.58

* 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.

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


Bridgepoint Group (LSE:BPT) Business Description

Traded in Other Exchanges
Address
5 Marble Arch, London, GBR, W1H 7EJ
Bridgepoint Group PLC is an international alternative asset fund management group, providing private equity and private debt lending solutions to the middle market. It invests in six principal sectors - business services, consumer, financial services, healthcare, medtech and pharma, manufacturing and industrials and digital, technology, and media via a platform of offices in Europe, the U.S, and China.