GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » IP Group PLC (OTCPK:IPZYF) » Definitions » Interest Expense

IPZYF (IP Group) Interest Expense : $-8.50 Mil (TTM As of Dec. 2024)


View and export this data going back to 2013. Start your Free Trial

What is IP Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. IP Group's interest expense for the six months ended in Dec. 2024 was $ -4.05 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-8.50 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. IP Group's Operating Income for the six months ended in Dec. 2024 was $ Mil. IP Group's Interest Expense for the six months ended in Dec. 2024 was $ Mil. 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.


IP Group Interest Expense Historical Data

The historical data trend for IP 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.

* Premium members only.

IP Group Interest Expense Chart

IP Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -22.45 -25.27 -16.32 -7.09 -8.47

IP Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -8.04 -3.41 -3.67 -4.45 -4.05

IP 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 Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-8.50 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.


IP Group Business Description

Traded in Other Exchanges
Address
3 Pancras Square, 2nd Floor, Kings Cross, London, GBR, N1C 4AG
IP Group PLC is an early-stage science investor supporting businesses in deeptech, life sciences, and cleantech. It helps develop intellectual property-based companies through partnerships with research universities. The group provides its portfolio companies with financial capital from outside sources or its own resources. IP Group also provides companies with guidance and mentorship. The group operates in the following segments; Venture Capital investing in Healthier future thematic area, Venture Capital investing in Tech-enriched future thematic area, Venture Capital investing in Regenerative future thematic area, Venture Capital investing in others, and the management of third-party funds and the provision of corporate finance advice.