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Goodwin (AQSE:GDWN.GB) Interest Expense : £-4.1 Mil (TTM As of Oct. 2024)


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What is Goodwin Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Goodwin's interest expense for the six months ended in Oct. 2024 was £ -1.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2024 was £-4.1 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. Goodwin's Operating Income for the six months ended in Oct. 2024 was £ 18.2 Mil. Goodwin's Interest Expense for the six months ended in Oct. 2024 was £ -1.1 Mil. Goodwin's Interest Coverage for the quarter that ended in Oct. 2024 was 15.89. 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.


Goodwin Interest Expense Historical Data

The historical data trend for Goodwin'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.

Goodwin Interest Expense Chart

Goodwin Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.93 -0.75 -1.33 -2.01 -4.28

Goodwin Semi-Annual Data
Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
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 -0.76 -1.25 -1.35 -2.93 -1.15

Goodwin 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 Oct. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-4.1 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.


Goodwin  (AQSE:GDWN.GB) 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.

Goodwin's Interest Expense for the six months ended in Oct. 2024 was £-1.1 Mil. Its Operating Income for the six months ended in Oct. 2024 was £18.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Oct. 2024 was £35.1 Mil.

Goodwin's Interest Coverage for the quarter that ended in Oct. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Oct. 2024 )/Interest Expense (Q: Oct. 2024 )
=-1*18.227/-1.147
=15.89

* 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.


Goodwin Business Description

Traded in Other Exchanges
Address
Ivy House Foundry, Hanley, Stoke-on-Trent, Staffordshire, GBR, ST1 3NR
Goodwin PLC is a mechanical component manufacturing company. Its operating segments are the Mechanical Engineering segment which includes casting, valve, antenna, and pump manufacturer and general engineering, and the Refractory Engineering segment which consists of powder manufacture and mineral processing. The company generates the majority of its revenue from the Mechanical Engineering segment. Geographically, the company generates maximum revenue from the United Kingdom and also has its presence in Europe, the United States of America, Pacific Basin, and the rest of the world.

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