Kelly Partners Group Holdings (ASX:KPG) Interest Expense : A$-3.80 Mil (TTM As of Dec. 2023)

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What is Kelly Partners Group Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kelly Partners Group Holdings's interest expense for the six months ended in Dec. 2023 was A$ -2.12 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-3.80 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. Kelly Partners Group Holdings's Operating Income for the six months ended in Dec. 2023 was A$ 12.47 Mil. Kelly Partners Group Holdings's Interest Expense for the six months ended in Dec. 2023 was A$ -2.12 Mil. Kelly Partners Group Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 5.87. 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.

Kelly Partners Group Holdings Interest Expense Historical Data

The historical data trend for Kelly Partners Group Holdings'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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Kelly Partners Group Holdings Interest Expense Chart

Kelly Partners Group Holdings Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-0.87

-0.98

-1.05

-1.39

-3.09

Kelly Partners Group Holdings Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial									-0.60	-0.79	-1.41	-1.68	-2.12

Kelly Partners Group Holdings 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 A$-3.80 Mil.

Kelly Partners Group Holdings (ASX:KPG) 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.

Kelly Partners Group Holdings's Interest Expense for the six months ended in Dec. 2023 was A$-2.12 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$12.47 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$62.19 Mil.

Kelly Partners Group Holdings'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	*	12.466	/	-2.122
	=	5.87

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. Kelly Partners Group Holdings Ltd interest coverage is 4.74, which is low.

Kelly Partners Group Holdings (ASX:KPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Kelly Partners Group Holdings Ltd (ASX:KPG) » Definitions » Interest Expense

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KPGHF:USA

Address

32 Walker Street, Level 8, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.kellypartnersgroup.com.au

Kelly Partners Group Holdings Ltd operates a chartered accounting business which assists small and medium enterprises, private business owners and high net worth individuals to manage their accounting, taxation, audit, and wealth management activities. The company's operating segment include Accounting and Other services. It generates maximum revenue from the Accounting segment. The Accounting segment includes accounting and taxation services, corporate secretarial, outsourced CFO, audits, business structuring, bookkeeping, and all other accounting related services. Other services segment includes financial broking services, wealth management, corporate advisory, investment office, and all other non-accounting services.

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