DNMR (Danimer Scientific) Interest Expense: $-36.05 Mil (TTM As of Sep. 2024)


DNMR Danimer Scientific Inc DNMR
12 GF Score
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What is Danimer Scientific Interest Expense?

Danimer Scientific DNMR 12 Interest Expense is $-36.05 Mil as of Sep. 2024. GuruFocus rates DNMR with a GF Score™ of 12/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Danimer Scientific's interest expense for the three months ended in Sep. 2024 was $ -9.63 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-36.05 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. Danimer Scientific's Operating Income for the three months ended in Sep. 2024 was $ -18.76 Mil. Danimer Scientific's Interest Expense for the three months ended in Sep. 2024 was $ -9.63 Mil. Danimer Scientific 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.

Danimer Scientific  (OTCPK:DNMR) 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.

Danimer Scientific's Interest Expense for the three months ended in Sep. 2024 was $-9.63 Mil. Its Operating Income for the three months ended in Sep. 2024 was $-18.76 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $403.29 Mil.

Danimer Scientific's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Danimer Scientific 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.

Danimer Scientific Interest Expense Historical Data

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The historical data trend for Danimer Scientific'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.

Danimer Scientific Interest Expense Chart

Danimer Scientific Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
-3.14 -1.43 -0.76 -1.72 -29.64

Danimer Scientific Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -8.58 -8.51 -8.84 -9.07 -9.63
DNMR
12GF Score
Danimer Scientific Inc DNMR
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Danimer Scientific 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-36.05 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-36.05 Mil mean?
Danimer Scientific (DNMR) has a Interest Expense of $-36.05 Mil as of Sep. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on Danimer Scientific and its competitors.
Is Danimer Scientific's Interest Expense too high?
Danimer Scientific's current Interest Expense is $-36.05 Mil. Overall, Danimer Scientific has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Danimer Scientific's Interest Expense compare to HGAS and BON?
Danimer Scientific's Interest Expense of $-36.05 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Chemicals company?
A good Interest Expense depends on the Chemicals industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Danimer Scientific and its competitors. Danimer Scientific's current Interest Expense is $-36.05 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Danimer Scientific stock overvalued right now?
Danimer Scientific (DNMR) has a current Interest Expense of $-36.05 Mil. The current Interest Expense is $-36.05 Mil. Danimer Scientific's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Danimer Scientific (DNMR), the current Interest Expense is $-36.05 Mil as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Danimer Scientific Business Description

Address 140 Industrial Boulevard, Bainbridge, GA, USA, 39817
Danimer Scientific Inc creates more sustainable, more natural ways to make plastic products sold under the proprietary Nodax brand name. The company's renewable and sustainable biopolymers have helped create plastic products that are biodegradable and compostable. Danimer Scientific's products return to nature instead of polluting lands and waters. Its technology can be found in a vast array of plastic end-use products that people use every day. Applications for its biopolymers include additives, aqueous coatings, fibers, filaments, films, and injection-molded articles, among others. Geographically, the company generates a majority of its revenue from the United States and the rest from Germany, Poland, Belgium, and other regions.
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