SThree (LSE:STEM) Interest Expense : £-1 Mil (TTM As of Nov. 2023)

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What is SThree Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SThree's interest expense for the six months ended in Nov. 2023 was £ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2023 was £-1 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. SThree's Operating Income for the six months ended in Nov. 2023 was £ 44 Mil. SThree's Interest Expense for the six months ended in Nov. 2023 was £ -0 Mil. SThree's Interest Coverage for the quarter that ended in Nov. 2023 was 117.72. 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.

SThree Interest Expense Historical Data

The historical data trend for SThree'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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SThree Interest Expense Chart

SThree Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Interest Expense

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-1.01

-1.28

-0.87

-0.67

-0.70

SThree Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Interest Expense	Get a 7-Day Free Trial															-0.37	-0.37	-0.30	-0.32	-0.38

SThree 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 Nov. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-1 Mil.

SThree (LSE:STEM) 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.

SThree's Interest Expense for the six months ended in Nov. 2023 was £-0 Mil. Its Operating Income for the six months ended in Nov. 2023 was £44 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Nov. 2023 was £18 Mil.

SThree's Interest Coverage for the quarter that ended in Nov. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Nov. 2023 )	/	Interest Expense (Q: Nov. 2023 )
	=	-1	*	44.382	/	-0.377
	=	117.72

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. SThree PLC has enough cash to cover all of its debt. Its financial situation is stable.

SThree (LSE:STEM) Business Description

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STEMl:UK

Address

75 King William Street, 1st Floor, London, GBR, EC4N 7BE

Website

https://www.sthree.com

SThree PLC is involved in the staffing business. It provides contract and permanent recruitment services. The company operates in information and communication, engineering, energy, life sciences, banking, and finance sectors. It provides its service through various brands such as computer future, progressive, Huxley, real, orgtel, jpgray, Newington international and enterprise partners. The company operates in the UK, Ireland, Continental Europe, America, Asia Pacific and the Middle east.