Ascendis Health (JSE:ASC) Interest Expense: R-45 Mil (TTM As of Jun. 2023)


JSE:ASC Ascendis Health Ltd JSE:ASC
11 GF Score
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What is Ascendis Health Interest Expense?

Ascendis Health JSE:ASC 11 Interest Expense is R-45 Mil as of Jun. 2023. GuruFocus rates JSE:ASC with a GF Score™ of 11/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ascendis Health's interest expense for the six months ended in Jun. 2023 was R 4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was R-45 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. Ascendis Health's Operating Income for the six months ended in Jun. 2023 was R -76 Mil. Ascendis Health's Interest Expense for the six months ended in Jun. 2023 was R 4 Mil. Ascendis Health 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.

Ascendis Health  (JSE:ASC) 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.

Ascendis Health's Interest Expense for the six months ended in Jun. 2023 was R4 Mil. Its Operating Income for the six months ended in Jun. 2023 was R-76 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was R19 Mil.

Ascendis Health's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

* 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.

Ascendis Health Interest Expense Historical Data

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The historical data trend for Ascendis Health'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.

Ascendis Health Interest Expense Chart

Ascendis Health Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -397.08 -753.95 -1,037.91 -436.59 -45.26

Ascendis Health Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 -553.50 -397.58 -39.02 -49.43 4.16
JSE:ASC
11GF Score
Ascendis Health Ltd JSE:ASC
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Ascendis Health 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-45 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 R-45 Mil mean?
Ascendis Health (JSE:ASC) has a Interest Expense of R-45 Mil as of Jun. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Ascendis Health and its competitors.
Is Ascendis Health's Interest Expense too high?
Ascendis Health's current Interest Expense is R-45 Mil. Overall, Ascendis Health has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Ascendis Health's Interest Expense compare to PHBI and GCAN?
Ascendis Health's Interest Expense of R-45 Mil can be compared against companies in the Medical Distribution 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 Medical Distribution company?
A good Interest Expense depends on the Medical Distribution 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 Ascendis Health and its competitors. Ascendis Health's current Interest Expense is R-45 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ascendis Health stock overvalued right now?
Ascendis Health (JSE:ASC) has a current Interest Expense of R-45 Mil. The current Interest Expense is R-45 Mil. Ascendis Health's overall GF Score™ is 11/100. 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 Ascendis Health (JSE:ASC), the current Interest Expense is R-45 Mil as of Jun. 2023. 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.

Ascendis Health Business Description

Address 1 Carey Street, Wynberg, Sandton, GT, ZAF, 2090
Ascendis Health Ltd is a health and wellness investment holding Company that holds investments in a number of companies that market and distribute a portfolio of brands, products, and medical devices. The company operates in two segments: i) Consumer Health (wellness, health supplements, speciality ingredients and compounded medicines) and ii) Medical Devices (distributor of medical devices, in vitro diagnostic products and orthopaedic equipment). The company generates the majority of its revenue from the Medical Devices segment.
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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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