Science Group (LSE:SAG) Interest Expense : £-0.8 Mil (TTM As of Dec. 2023)

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What is Science Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Science Group's interest expense for the six months ended in Dec. 2023 was £ -0.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was £-0.8 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. Science Group's Operating Income for the six months ended in Dec. 2023 was £ 1.8 Mil. Science Group's Interest Expense for the six months ended in Dec. 2023 was £ -0.3 Mil. Science Group's Interest Coverage for the quarter that ended in Dec. 2023 was 5.22. 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.

Science Group Interest Expense Historical Data

The historical data trend for Science 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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Science Group Interest Expense Chart

Science Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.74

-0.73

-0.65

-0.61

-0.84

Science Group Semi-Annual Data
	Jun14	Dec14	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															-0.31	-0.48	-0.13	-0.50	-0.34

Science 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.8 Mil.

Science Group (LSE:SAG) 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.

Science Group's Interest Expense for the six months ended in Dec. 2023 was £-0.3 Mil. Its Operating Income for the six months ended in Dec. 2023 was £1.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was £15.1 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	1.763	/	-0.338
	=	5.22

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

Science Group (LSE:SAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Science Group PLC (LSE:SAG) » Definitions » Interest Expense

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Address

Harston Mill, Harston, Cambridge, GBR, CB22 7GG

Website

https://www.sciencegroup.com

Science Group PLC provides outsourced science and technology-based consultancy, advisory, and product development services to a wide range of industries and markets. The company operates in three segments: Services Operating Business, Product Operating Business, and Freehold Properties. Services Operating Business includes all consultancy fees, and other revenue includes recharged materials, expenses, and licenses. Product Operating Business includes sales of chips and modules which are incorporated into digital radios. The Freehold Properties segment includes the results for the two freehold properties. Its geographical segments are the United Kingdom, Other European Countries, North America, and Asia, of which the majority of its revenue comes from the United Kingdom.

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