Kainos Group (Kainos Group) Interest Expense : $-0.4 Mil (TTM As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Kainos Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kainos Group's interest expense for the six months ended in Mar. 2024 was $ -0.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.4 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. Kainos Group's Operating Income for the six months ended in Mar. 2024 was $ 38.2 Mil. Kainos Group's Interest Expense for the six months ended in Mar. 2024 was $ -0.3 Mil. Kainos Group's Interest Coverage for the quarter that ended in Mar. 2024 was 116.42. 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.

Kainos Group Interest Expense Historical Data

The historical data trend for Kainos 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.

Kainos Group Interest Expense Chart

Kainos Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-0.08

-0.11

-0.10

-0.09

-0.42

Kainos Group Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Interest Expense	Get a 7-Day Free Trial															-0.05	-0.03	-0.05	-0.09	-0.33

Kainos 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.4 Mil.

Kainos Group (OTCPK:KNNNF) 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.

Kainos Group's Interest Expense for the six months ended in Mar. 2024 was $-0.3 Mil. Its Operating Income for the six months ended in Mar. 2024 was $38.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was $6.2 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	38.186	/	-0.328
	=	116.42

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Kainos Group PLC has enough cash to cover all of its debt. Its financial situation is stable.

Kainos Group (Kainos Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Kainos Group PLC (OTCPK:KNNNF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

KNOSl:UK KNOS:UK 1KG:Germany

Address

4-6 Upper Crescent, Kainos House, Belfast, Northern Ireland, GBR, BT7 1NT

Website

https://www.kainos.com

Kainos Group PLC provides information technology services, consulting and software solutions. It is structured into two divisions namely Digital Services and Workday Practice. Digital Services include full life cycle development and support of digital solutions for government and commercial customers. Workday Practice includes includes cloud-based software for Human Capital Management and Financial Management and Planning, Workday Products. The company derives majority of its revenues from the Digital Services segment.

Kainos Group (Kainos Group) Headlines

No Headlines