Newmark Security (LSE:NWT) Interest Expense : £-0.38 Mil (TTM As of Oct. 2023)

View and export this data going back to 2002. Start your Free Trial

What is Newmark Security Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Newmark Security's interest expense for the six months ended in Oct. 2023 was £ -0.18 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2023 was £-0.38 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. Newmark Security's Operating Income for the six months ended in Oct. 2023 was £ 0.06 Mil. Newmark Security's Interest Expense for the six months ended in Oct. 2023 was £ -0.18 Mil. Newmark Security's Interest Coverage for the quarter that ended in Oct. 2023 was 0.30. 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.

Newmark Security Interest Expense Historical Data

The historical data trend for Newmark Security'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.

Newmark Security Interest Expense Chart

Newmark Security Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Interest Expense

Get a 7-Day Free Trial

-0.07

-0.11

-0.22

-0.35

Newmark Security 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															-0.06	-0.16	-0.15	-0.20	-0.18

Newmark Security 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 £-0.38 Mil.

Newmark Security (LSE:NWT) 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.

Newmark Security's Interest Expense for the six months ended in Oct. 2023 was £-0.18 Mil. Its Operating Income for the six months ended in Oct. 2023 was £0.06 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Oct. 2023 was £2.22 Mil.

Newmark Security'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	*	0.055	/	-0.181
	=	0.30

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

Newmark Security (LSE:NWT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Newmark Security PLC (LSE:NWT) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

NN10:Germany

Address

91 Wimpole Street, London, GBR, W1G 0EF

Website

http://www.newmarksecurity.com

Newmark Security PLC is a UK-based security solutions provider. The company operates in the People and Data Management division involved in the design, manufacture, and distribution of access control systems and the design, manufacture, and distribution of HCM hardware only, for time-and-attendance, shop-floor data collection, and access control systems. The physical Security Solutions division is involved in the design, manufacture, installation, and maintenance of fixed and reactive security screens, reception counters, cash management systems, and associated security equipment. The company operates in the UK and derives the majority of its revenues from the People and Data Management division.

Newmark Security (LSE:NWT) Headlines

No Headlines