GNCGF (Greencore Group) Interest Expense : $-31 Mil (TTM As of Sep. 2024)

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What is Greencore Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Greencore Group's interest expense for the six months ended in Sep. 2024 was $ -16 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-31 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. Greencore Group's Operating Income for the six months ended in Sep. 2024 was $ 94 Mil. Greencore Group's Interest Expense for the six months ended in Sep. 2024 was $ -16 Mil. Greencore Group's Interest Coverage for the quarter that ended in Sep. 2024 was 5.86. 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.

Greencore Group Interest Expense Historical Data

The historical data trend for Greencore 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.

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Greencore Group Interest Expense Chart

Greencore Group Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Interest Expense

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-23.32

-24.86

-15.52

-24.88

-31.75

Greencore Group Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Interest Expense	Get a 7-Day Free Trial															-9.29	-10.68	-13.99	-15.12	-16.01

Greencore 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-31 Mil.

Greencore Group (OTCPK:GNCGF) 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.

Greencore Group's Interest Expense for the six months ended in Sep. 2024 was $-16 Mil. Its Operating Income for the six months ended in Sep. 2024 was $94 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was $237 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	93.783	/	-16.005
	=	5.86

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

Greencore Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Greencore Group PLC (OTCPK:GNCGF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

GNCGY:USA GNCl:UK GNC:UK GCG:Germany GCG:Germany

Address

Dublin Airport Central, Dublin Airport, 4th Floor, Block Two, Sword, Dublin, IRL, K67 E2H3

Website

http://www.greencore.com

Greencore Group PLC is a convenience food manufacturer that supplies chilled and frozen food to customers based in U.K. and the U.S. The company's operating business segment is Convenience Foods, and it geographically operates in UK & Ireland. The UK Convenience Food categories including sandwiches, sushi, salads, chilled ready meals, chilled soups and sauces, chilled quiche, ambient sauces and pickles, frozen Yorkshire Puddings and cakes and desserts categories as well as the Irish Ingredients trading business.