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John Wood Group (LSE:WG.) Interest Expense : £-91 Mil (TTM As of Dec. 2023)


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What is John Wood Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. John Wood Group's interest expense for the six months ended in Dec. 2023 was £ -42 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was £-91 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. John Wood Group's Operating Income for the six months ended in Dec. 2023 was £ 52 Mil. John Wood Group's Interest Expense for the six months ended in Dec. 2023 was £ -42 Mil. John Wood Group's Interest Coverage for the quarter that ended in Dec. 2023 was 1.23. 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.


John Wood Group Interest Expense Historical Data

The historical data trend for John Wood 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.

John Wood Group Interest Expense Chart

John Wood Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -122.39 -93.15 -79.56 -100.66 -91.17

John Wood 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -39.03 -52.05 -48.03 -49.18 -42.11

John Wood 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 £-91 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.


John Wood Group  (LSE:WG.) 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.

John Wood Group's Interest Expense for the six months ended in Dec. 2023 was £-42 Mil. Its Operating Income for the six months ended in Dec. 2023 was £52 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was £892 Mil.

John Wood 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*51.745/-42.107
=1.23

* 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.


John Wood Group (LSE:WG.) Business Description

Traded in Other Exchanges
Address
15 Justice Mill Lane, Aberdeen, GBR, AB11 6EQ
John Wood Group Plc is an energy-services company that provides a range of engineering, production, and technical solutions for the upstream, midstream, and downstream oil and gas sectors. Operations are divided into four segments: Asset Solutions EAAA, Asset Solutions America, Technical Consulting Solutions, and Investment Solutions. The company provides services to the oil and gas sector through brownfield engineering and modifications, production enhancement, operations and maintenance, and facility construction and maintenance management. A vast majority of the revenue is generated by the Asset Solutions EAAA and Asset Solutions America's segment combined, and the company's revenue is earned in the United States.

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