Experience Co (ASX:EXP) Interest Expense : A$-0.6 Mil (TTM As of Dec. 2023)

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What is Experience Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Experience Co's interest expense for the six months ended in Dec. 2023 was A$ -0.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.6 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. Experience Co's Operating Income for the six months ended in Dec. 2023 was A$ -0.5 Mil. Experience Co's Interest Expense for the six months ended in Dec. 2023 was A$ -0.8 Mil. Experience Co 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.

Experience Co Interest Expense Historical Data

The historical data trend for Experience Co'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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Experience Co Interest Expense Chart

Experience Co Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-1.78

-0.82

-0.39

-0.26

-0.41

Experience Co Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial													-0.60	0.34	-0.60	0.20	-0.83

Experience Co 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$-0.6 Mil.

Experience Co (ASX:EXP) 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.

Experience Co's Interest Expense for the six months ended in Dec. 2023 was A$-0.8 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-0.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$30.9 Mil.

Experience Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Experience Co did not have earnings to cover the interest expense.

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

Experience Co (ASX:EXP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Experience Co Ltd (ASX:EXP) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

89 York Street, Level 5, Sydney, NSW, AUS, 2000

Website

https://www.experienceco.com

Experience Co Ltd operates as an adventure tourism company that engages in the provision of adventure tourism and leisure experiences to the public. The firm offers sky-diving, island day trips, reef tours, rainforest tours, and multi-day experiences in Australia and New Zealand. The company has two reportable segment, namely Skydiving, which comprises tandem skydive and related products, with ancillary aircraft maintenance activities; Adventure Experiences, which Includes Reef Unlimited with reef-based dive and snorkel experiences and rainforest tours operating out of Cairns and Port Douglas. The company generates the majority of its revenue from the Adventure Experiences segment. Geographically the company generates the majority from Australia.