DG Innovate (LSE:DGI) Interest Expense : £-0.18 Mil (TTM As of Jun. 2024)

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What is DG Innovate Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. DG Innovate's interest expense for the six months ended in Jun. 2024 was £ -0.15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was £-0.18 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. DG Innovate's Operating Income for the six months ended in Jun. 2024 was £ -2.90 Mil. DG Innovate's Interest Expense for the six months ended in Jun. 2024 was £ -0.15 Mil. DG Innovate 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.

DG Innovate Interest Expense Historical Data

The historical data trend for DG Innovate'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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DG Innovate Interest Expense Chart

DG Innovate Annual Data

Trend

Mar19

Mar20

Mar21

Dec22

Dec23

Interest Expense

-0.02

-0.05

-0.07

-0.05

DG Innovate Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	Get a 7-Day Free Trial					-0.05	-0.02	-0.02	-0.03	-0.15

DG Innovate 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.18 Mil.

DG Innovate (LSE:DGI) 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.

DG Innovate's Interest Expense for the six months ended in Jun. 2024 was £-0.15 Mil. Its Operating Income for the six months ended in Jun. 2024 was £-2.90 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was £2.31 Mil.

DG Innovate's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

DG Innovate did not have earnings to cover the interest expense.

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

DG Innovate Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » DG Innovate PLC (LSE:DGI) » Definitions » Interest Expense

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Address

Mill Field Road, 15 Victoria Mews Cottingley Business Park, Bingley, GBR, BD16 1PY

Website

https://www.dgiplc.com

DG Innovate PLC is a company that specializes in research and development, with two distinct areas of focus: Enhanced Drive Technology and Enhanced Battery Technology.