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FRP Advisory Group (LSE:FRP) Interest Expense : £-0.9 Mil (TTM As of Oct. 2023)


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What is FRP Advisory Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. FRP Advisory Group's interest expense for the six months ended in Oct. 2023 was £ -0.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2023 was £-0.9 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. FRP Advisory Group's Operating Income for the six months ended in Oct. 2023 was £ 11.9 Mil. FRP Advisory Group's Interest Expense for the six months ended in Oct. 2023 was £ -0.6 Mil. FRP Advisory Group's Interest Coverage for the quarter that ended in Oct. 2023 was 19.83. 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.


FRP Advisory Group Interest Expense Historical Data

The historical data trend for FRP Advisory 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.

FRP Advisory Group Interest Expense Chart

FRP Advisory Group Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Interest Expense
Get a 7-Day Free Trial -0.26 -0.18 -0.23 -0.50 -0.60

FRP Advisory Group Semi-Annual Data
Apr17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.20 -0.30 -0.30 -0.30 -0.60

FRP Advisory 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 £-0.9 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.


FRP Advisory Group  (LSE:FRP) 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.

FRP Advisory Group's Interest Expense for the six months ended in Oct. 2023 was £-0.6 Mil. Its Operating Income for the six months ended in Oct. 2023 was £11.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Oct. 2023 was £6.9 Mil.

FRP Advisory 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*11.9/-0.6
=19.83

* 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.


FRP Advisory Group (LSE:FRP) Business Description

Traded in Other Exchanges
Address
110 Cannon Street, London, GBR, EC4N 6EU
FRP Advisory Group PLC is a professional services firm offering advisory services to companies, lenders, investors, and other stakeholders, as well as individuals. The company's services include Restructuring advisory; Corporate finance; Debt advisory; Forensic services; and Pension advisory. The group's revenue is derived from the provision of specialist business and advisory services. It advises across multiple sectors and all business sizes, principally servicing smaller and mid-market companies.

FRP Advisory Group (LSE:FRP) Headlines

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