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Walker Crips Group (LSE:WCW) Interest Expense : £-0.14 Mil (TTM As of Sep. 2023)


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What is Walker Crips Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Walker Crips Group's interest expense for the six months ended in Sep. 2023 was £ -0.09 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was £-0.14 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. Walker Crips Group's Operating Income for the six months ended in Sep. 2023 was £ 0.17 Mil. Walker Crips Group's Interest Expense for the six months ended in Sep. 2023 was £ -0.09 Mil. Walker Crips Group's Interest Coverage for the quarter that ended in Sep. 2023 was 1.92. 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.


Walker Crips Group Interest Expense Historical Data

The historical data trend for Walker Crips 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.

Walker Crips Group Interest Expense Chart

Walker Crips Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.21 -0.15 -0.11 -0.09

Walker Crips Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.07 -0.05 -0.05 -0.05 -0.09

Walker Crips 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.14 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.


Walker Crips Group  (LSE:WCW) 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.

Walker Crips Group's Interest Expense for the six months ended in Sep. 2023 was £-0.09 Mil. Its Operating Income for the six months ended in Sep. 2023 was £0.17 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was £2.30 Mil.

Walker Crips Group's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*0.173/-0.09
=1.92

* 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.


Walker Crips Group (LSE:WCW) Business Description

Traded in Other Exchanges
N/A
Address
128 Queen Victoria Street, Old Change House, London, GBR, EC4V 4BJ
Walker Crips Group PLC is a UK-based company, that offers investment and wealth management services to both new and existing clients. The company currently has three operating segments; Investment Management, portfolio-based transaction execution and investment advice; Wealth Management, being financial planning and pension advice; and Software as a Service, comprising the provision of regulatory and admin software to regulated companies. It generates the majority of its revenue from the Investment Management division.

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