Gelsenwasser AG (FRA:WWG) Interest Expense : €-29 Mil (TTM As of Dec. 2023)

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What is Gelsenwasser AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gelsenwasser AG's interest expense for the six months ended in Dec. 2023 was € -15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-29 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. Gelsenwasser AG's Operating Income for the six months ended in Dec. 2023 was € -48 Mil. Gelsenwasser AG's Interest Expense for the six months ended in Dec. 2023 was € -15 Mil. Gelsenwasser AG 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.

Gelsenwasser AG Interest Expense Historical Data

The historical data trend for Gelsenwasser AG'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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Gelsenwasser AG Interest Expense Chart

Gelsenwasser AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-12.50

-9.00

-8.50

-13.50

-28.50

Gelsenwasser AG 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															-4.60	-5.80	-7.70	-13.60	-14.90

Gelsenwasser AG 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 €-29 Mil.

Gelsenwasser AG (FRA:WWG) 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.

Gelsenwasser AG's Interest Expense for the six months ended in Dec. 2023 was €-15 Mil. Its Operating Income for the six months ended in Dec. 2023 was €-48 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €310 Mil.

Gelsenwasser AG's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Gelsenwasser AG did not have earnings to cover the interest expense.

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

Gelsenwasser AG (FRA:WWG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Gelsenwasser AG (FRA:WWG) » Definitions » Interest Expense

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WWG:Germany

Address

Willy-Brandt-Allee 26, Gelsenkirchen, DEU, 45891

Website

https://www.gelsenwasser.de

Gelsenwasser AG is engaged in supplying their customers with drinking and process water as well as with natural gas and heating to households, businesses, public institutions, and industry. It also performs wastewater disposal and electricity supply functions. The company generates revenue mostly from gas and water.

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