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GB Group (GB Group) Interest Expense : $-10.9 Mil (TTM As of Sep. 2023)


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What is GB Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. GB Group's interest expense for the six months ended in Sep. 2023 was $ -5.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-10.9 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. GB Group's Operating Income for the six months ended in Sep. 2023 was $ -65.6 Mil. GB Group's Interest Expense for the six months ended in Sep. 2023 was $ -5.7 Mil. GB 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.

GB Group Interest Expense Historical Data

The historical data trend for GB 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.

GB Group Interest Expense Chart

GB Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.82 -2.68 -1.62 -2.03 -8.14

GB Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -0.64 -1.41 -2.73 -5.22 -5.67

GB 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-10.9 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.

GB Group  (OTCPK:GBGPF) 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.

GB Group's Interest Expense for the six months ended in Sep. 2023 was $-5.7 Mil. Its Operating Income for the six months ended in Sep. 2023 was $-65.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was $153.1 Mil.

GB Group's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

GB 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.

GB Group (GB Group) Business Description

Industry
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Address
The Foundation, Herons Way, Chester Business Park, Chester, GBR, CH4 9GB
Website
https://www.gbgplc.com
GB Group PLC provides identity intelligence solutions through its three divisions Location, Identity, and Fraud. It offers electronic ID Verification services, ID Registration, ID Engage, and ID Trace and Investigates software and services. GB Group's technology supports customers in traditional banking, government, utilities, retail, and transport as well as newly emerging industries such as eCommerce, online gaming, cryptocurrency, and mobile payments. The company has a strong geographical presence in the United Kingdom, the United States of America, and Australia and generates revenues from the sale of software and rendering of services.