GreenPower Motor Co (FRA:GRT1) Interest Expense : €-2.15 Mil (TTM As of Dec. 2024)

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What is GreenPower Motor Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. GreenPower Motor Co's interest expense for the three months ended in Dec. 2024 was € -0.54 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was €-2.15 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. GreenPower Motor Co's Operating Income for the three months ended in Dec. 2024 was € -3.99 Mil. GreenPower Motor Co's Interest Expense for the three months ended in Dec. 2024 was € -0.54 Mil. GreenPower Motor Co 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.

GreenPower Motor Co Interest Expense Historical Data

The historical data trend for GreenPower Motor Co'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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GreenPower Motor Co Interest Expense Chart

GreenPower Motor Co Annual Data

Trend

Mar15

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Mar17

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Mar20

Mar21

Mar22

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Mar24

Interest Expense

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-1.93

-1.34

-0.47

-1.45

-1.43

GreenPower Motor Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-0.32	-0.62	-0.49	-0.52	-0.54

GreenPower Motor Co 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-2.15 Mil.

GreenPower Motor Co (FRA:GRT1) 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.

GreenPower Motor Co's Interest Expense for the three months ended in Dec. 2024 was €-0.54 Mil. Its Operating Income for the three months ended in Dec. 2024 was €-3.99 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was €6.11 Mil.

GreenPower Motor Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

GreenPower Motor Co did not have earnings to cover the interest expense.

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

GreenPower Motor Co Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » GreenPower Motor Co Inc (FRA:GRT1) » Definitions » Interest Expense

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GP:USA GPV:Canada

Address

209 Carrall Street, Suite 240, Vancouver, BC, CAN, V6B 2J2

Website

https://www.greenpowermotor.com

GreenPower Motor Co Inc is the manufacturer and distributor of all-electric charter, school, and city buses. The company offers electric-powered transit buses deploying electric drive and battery technologies with a lightweight chassis and low-floor body. Its product line includes all-electric transit buses, all-electric school buses, and shuttle buses. The company's buses depend on clean sheet design and utilize a custom battery management system and a proprietary flex power system for the drive motors. Geographically, the company generates a majority of its revenue from the United States of America and the rest from Canada.

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