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Spirit Pub Co (LSE:SPRT) Interest Expense : £-56.5 Mil (TTM As of Feb. 2015)


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What is Spirit Pub Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Spirit Pub Co's interest expense for the six months ended in Feb. 2015 was £ -29.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2015 was £-56.5 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. Spirit Pub Co's Operating Income for the six months ended in Feb. 2015 was £ 62.7 Mil. Spirit Pub Co's Interest Expense for the six months ended in Feb. 2015 was £ -29.9 Mil. Spirit Pub Co's Interest Coverage for the quarter that ended in Feb. 2015 was 2.10. 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.


Spirit Pub Co Interest Expense Historical Data

The historical data trend for Spirit Pub Co'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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Spirit Pub Co Interest Expense Chart

Spirit Pub Co Annual Data
Trend Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14
Interest Expense
Get a 7-Day Free Trial -53.70 -194.40 -52.50 -53.90 -56.40

Spirit Pub Co Semi-Annual Data
Aug08 Aug09 Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -29.20 -24.70 -29.80 -26.60 -29.90

Spirit Pub Co 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 Feb. 2015 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-56.5 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.


Spirit Pub Co  (LSE:SPRT) 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.

Spirit Pub Co's Interest Expense for the six months ended in Feb. 2015 was £-29.9 Mil. Its Operating Income for the six months ended in Feb. 2015 was £62.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Feb. 2015 was £807.4 Mil.

Spirit Pub Co's Interest Coverage for the quarter that ended in Feb. 2015 is calculated as

Interest Coverage=-1* Operating Income (Q: Feb. 2015 )/Interest Expense (Q: Feb. 2015 )
=-1*62.7/-29.9
=2.10

* 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.


Spirit Pub Co (LSE:SPRT) Business Description

Traded in Other Exchanges
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Address
Spirit Pub Co PLC was incorporated in England. The Company's trading activities are divided into two divisions; namely a Managed division and a Leased division. The Managed division involves pubs that are directly managed by the Group, and a Leased division which involves the granting of leases to licensees who run the pub as their own business, paying rent to the Group, purchasing beer and other drinks from the Group and entering into profit sharing arrangements for income from leisure machines. The Company holds 794 Managed pubs and 433 Leased pubs. The group operates solely in the United Kingdom.

Spirit Pub Co (LSE:SPRT) Headlines

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