Blue Label Telecoms (JSE:BLU) Interest Expense : R-880 Mil (TTM As of Nov. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Blue Label Telecoms Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Blue Label Telecoms's interest expense for the six months ended in Nov. 2023 was R -459 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2023 was R-880 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. Blue Label Telecoms's Operating Income for the six months ended in Nov. 2023 was R 771 Mil. Blue Label Telecoms's Interest Expense for the six months ended in Nov. 2023 was R -459 Mil. Blue Label Telecoms's Interest Coverage for the quarter that ended in Nov. 2023 was 1.68. 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.

Blue Label Telecoms Interest Expense Historical Data

The historical data trend for Blue Label Telecoms'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.

Blue Label Telecoms Interest Expense Chart

Blue Label Telecoms Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Interest Expense

Get a 7-Day Free Trial

-209.61

-216.90

-126.59

-192.90

-668.24

Blue Label Telecoms Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Interest Expense	Get a 7-Day Free Trial															-68.29	-124.61	-247.77	-420.47	-459.31

Blue Label Telecoms 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 Nov. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-880 Mil.

Blue Label Telecoms (JSE:BLU) 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.

Blue Label Telecoms's Interest Expense for the six months ended in Nov. 2023 was R-459 Mil. Its Operating Income for the six months ended in Nov. 2023 was R771 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Nov. 2023 was R410 Mil.

Blue Label Telecoms's Interest Coverage for the quarter that ended in Nov. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Nov. 2023 )	/	Interest Expense (Q: Nov. 2023 )
	=	-1	*	771.466	/	-459.311
	=	1.68

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

Blue Label Telecoms (JSE:BLU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Blue Label Telecoms Ltd (JSE:BLU) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

75 Grayston Drive, Corner Benmore Road, Morningside Extension 5, Sandton, Johannesburg, GT, ZAF, 2196

Website

https://www.bluelabeltelecoms.co.za

Blue Label Telecoms Ltd is a technology company. It derives revenue from the distribution of airtime and mobile transaction services. It operates through four segments: African Distribution, International, Solutions and Corporate. African distribution includes the distribution of physical and virtual prepaid airtime and electricity of the South African telecommunication and utilities companies. International includes the distribution of physical and virtual prepaid airtime in India and Mexico and payment solutions in India. Solutions include the provision of a mobile transactional platform and the marketing of mobile and financial products. The company generates the vast majority of its revenue in South Africa.