Begbies Traynor Group (LSE:BEG) Interest Expense : £-1.5 Mil (TTM As of Oct. 2023)

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What is Begbies Traynor Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Begbies Traynor Group's interest expense for the six months ended in Oct. 2023 was £ -0.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2023 was £-1.5 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. Begbies Traynor Group's Operating Income for the six months ended in Oct. 2023 was £ 3.9 Mil. Begbies Traynor Group's Interest Expense for the six months ended in Oct. 2023 was £ -0.8 Mil. Begbies Traynor Group's Interest Coverage for the quarter that ended in Oct. 2023 was 4.77. 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.

Begbies Traynor Group Interest Expense Historical Data

The historical data trend for Begbies Traynor 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.

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Begbies Traynor Group Interest Expense Chart

Begbies Traynor Group Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Interest Expense

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-0.95

-0.91

-0.82

-0.76

-1.11

Begbies Traynor Group Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Interest Expense	Get a 7-Day Free Trial															-0.38	-0.38	-0.46	-0.64	-0.82

Begbies Traynor 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 Oct. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-1.5 Mil.

Begbies Traynor Group (LSE:BEG) 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.

Begbies Traynor Group's Interest Expense for the six months ended in Oct. 2023 was £-0.8 Mil. Its Operating Income for the six months ended in Oct. 2023 was £3.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Oct. 2023 was £15.2 Mil.

Begbies Traynor Group's Interest Coverage for the quarter that ended in Oct. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Oct. 2023 )	/	Interest Expense (Q: Oct. 2023 )
	=	-1	*	3.886	/	-0.815
	=	4.77

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

Begbies Traynor Group (LSE:BEG) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Begbies Traynor Group PLC (LSE:BEG) » Definitions » Interest Expense

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BEG.GB:UK

Address

340 Deansgate, Manchester, GBR, M3 4LY

Website

https://www.begbies-traynorgroup.com

Begbies Traynor Group PLC is a professional services consultancy. It provides insolvency, restructuring and consultancy services to businesses, professional advisors, and financial institutions. It provides professional services, such as business rescue options, advisory options, forensic accounting and investigations, corporate and commercial finance, personal insolvency solutions and services to banking, legal, and accounting sectors. The company is managed as two operating segments: insolvency and advisory services, and property advisory and transactional services. The group generates the majority of its revenue from insolvency and advisory services. The group's principal operations and markets are in the UK.

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