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The GO2 People (ASX:GO2) Interest Expense : A$-1.37 Mil (TTM As of Dec. 2022)


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What is The GO2 People Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. The GO2 People's interest expense for the six months ended in Dec. 2022 was A$ -0.78 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2022 was A$-1.37 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. The GO2 People's Operating Income for the six months ended in Dec. 2022 was A$ -1.48 Mil. The GO2 People's Interest Expense for the six months ended in Dec. 2022 was A$ -0.78 Mil. The GO2 People 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.


The GO2 People Interest Expense Historical Data

The historical data trend for The GO2 People'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.

The GO2 People Interest Expense Chart

The GO2 People Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22
Interest Expense
-0.62 -0.60 -0.34 -0.30 -0.93

The GO2 People Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.13 -0.18 -0.34 -0.59 -0.78

The GO2 People 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. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-1.37 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.


The GO2 People  (ASX:GO2) 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.

The GO2 People's Interest Expense for the six months ended in Dec. 2022 was A$-0.78 Mil. Its Operating Income for the six months ended in Dec. 2022 was A$-1.48 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2022 was A$2.55 Mil.

The GO2 People's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

The GO2 People 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.


The GO2 People (ASX:GO2) Business Description

Traded in Other Exchanges
N/A
Address
3/271 Berkshire Road, Forrestfield, Perth, WA, AUS, 6058
The GO2 People Ltd is one of the providers of vertically integrated recruitment and building services to industries throughout Australia. The company derives a majority of its revenue from Recruitment income.

The GO2 People (ASX:GO2) Headlines

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