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GN Store Nord AS (CHIX:GNC) Interest Expense : kr-600 Mil (TTM As of Mar. 2025)


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What is GN Store Nord AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. GN Store Nord AS's interest expense for the three months ended in Mar. 2025 was kr -228 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was kr-600 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. GN Store Nord AS's Operating Income for the three months ended in Mar. 2025 was kr 215 Mil. GN Store Nord AS's Interest Expense for the three months ended in Mar. 2025 was kr -228 Mil. GN Store Nord AS's Interest Coverage for the quarter that ended in Mar. 2025 was 0.94. 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.

GN Store Nord AS Interest Expense Historical Data

The historical data trend for GN Store Nord AS'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.

GN Store Nord AS Interest Expense Chart

GN Store Nord AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -68.00 -91.00 -186.00 -326.00 -379.00

GN Store Nord AS Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -278.00 -140.00 -145.00 -87.00 -228.00

GN Store Nord AS 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-600 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.

GN Store Nord AS  (CHIX:GNc) 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.

GN Store Nord AS's Interest Expense for the three months ended in Mar. 2025 was kr-228 Mil. Its Operating Income for the three months ended in Mar. 2025 was kr215 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was kr9,113 Mil.

GN Store Nord AS's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*215/-228
=0.94

* 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.

GN Store Nord AS Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » GN Store Nord AS (CHIX:GNc) » Definitions » Interest Expense
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Traded in Other Exchanges
GNNDY:USA GGNDF:USA 0K9P:UK GN:Denmark GNN:Germany GNSN:Austria
Address
Lautrupbjerg 7, Ballerup, DNK, 2750
Website
https://www.gn.com
GN Store Nord is a Danish company offering medical and audio solutions. The group consists of two businesses: audio (about 62% of sales) and hearing (38%). GN Hearing offers hearing aids, competing globally with Sonova, Demant, Starkey, and WS Audiology (previously Sivantos and Widex). GN Audio provides headsets and speakerphones to the enterprise market (contact centers and offices), as well as to the consumer market, and recently acquired SteelSeries in the gaming market. The company has positioned itself as one of the main players in the Unified Communication-enabled headsets market. The firm's premium brands are Resound in hearing and Jabra in headsets.

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