Nu-World Holdings (JSE:NWL) Interest Expense : R-7 Mil (TTM As of Feb. 2024)

View and export this data going back to 1987. Start your Free Trial

What is Nu-World Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nu-World Holdings's interest expense for the six months ended in Feb. 2024 was R -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was R-7 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. Nu-World Holdings's Operating Income for the six months ended in Feb. 2024 was R 0 Mil. Nu-World Holdings's Interest Expense for the six months ended in Feb. 2024 was R -3 Mil. Nu-World Holdings 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.

Nu-World Holdings Interest Expense Historical Data

The historical data trend for Nu-World 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.

* Premium members only.

Nu-World Holdings Interest Expense Chart

Nu-World Holdings Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Interest Expense

Get a 7-Day Free Trial

-15.47

-19.23

-10.32

-9.02

-6.95

Nu-World Holdings Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Interest Expense	Get a 7-Day Free Trial															-4.86	-4.16	-3.49	-3.46	-3.28

Nu-World 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 Feb. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-7 Mil.

Nu-World Holdings (JSE:NWL) 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.

Nu-World Holdings's Interest Expense for the six months ended in Feb. 2024 was R-3 Mil. Its Operating Income for the six months ended in Feb. 2024 was R0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Feb. 2024 was R21 Mil.

Nu-World Holdings's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

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

Nu-World Holdings (JSE:NWL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nu-World Holdings Ltd (JSE:NWL) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

35 - 3rd Street, Wynberg, Sandton, Johannesburg, GT, ZAF, 2199

Website

https://www.nuworld.co.za

Nu-World Holdings Ltd, along with its subsidiaries is engaged in importing, manufacturing, assembling, marketing, and distributing branded consumer goods including consumer electronics, high-technology, small electrical appliances, white goods, liquor, and furniture. It also manufactures kitchenware and Telefunken. The company operates its business in geographic segments that include South Africa, Hong Kong, Australia, and the United Arab Emirates. The South African segment generates maximum revenue for the company.