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Great Elm Group (FRA:PNC) Interest Expense : €-3.93 Mil (TTM As of Mar. 2024)


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What is Great Elm Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Great Elm Group's interest expense for the three months ended in Mar. 2024 was € -0.99 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-3.93 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. Great Elm Group's Operating Income for the three months ended in Mar. 2024 was € -1.72 Mil. Great Elm Group's Interest Expense for the three months ended in Mar. 2024 was € -0.99 Mil. Great Elm Group did not have earnings to cover the interest expense. 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.


Great Elm Group Interest Expense Historical Data

The historical data trend for Great Elm 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.

Great Elm Group Interest Expense Chart

Great Elm Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.53 -4.06 -4.11 -5.25 -5.61

Great Elm Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -1.02 -0.97 -1.00 -0.97 -0.99

Great Elm 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-3.93 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.


Great Elm Group  (FRA:PNC) 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.

Great Elm Group's Interest Expense for the three months ended in Mar. 2024 was €-0.99 Mil. Its Operating Income for the three months ended in Mar. 2024 was €-1.72 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €59.07 Mil.

Great Elm Group's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Great Elm Group did not have earnings to cover the interest expense.

* 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.


Great Elm Group (FRA:PNC) Business Description

Traded in Other Exchanges
Address
800 South Street, Suite 230, Waltham, MA, USA, 02453
Great Elm Group Inc operates as a holding company. It focuses on growing a scalable and diversified portfolio of long-duration, permanent capital vehicles across corporate credit, specialty finance, real estate, and other asset classes. The company's only segment is investment management.