GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Develop North PLC (LSE:DVNO) » Definitions » Interest Expense

Develop North (LSE:DVNO) Interest Expense : £-0.08 Mil (TTM As of Nov. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Develop North Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Develop North's interest expense for the six months ended in Nov. 2024 was £ -0.05 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2024 was £-0.08 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. Develop North's Operating Income for the six months ended in Nov. 2024 was £ Mil. Develop North's Interest Expense for the six months ended in Nov. 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.


Develop North Interest Expense Historical Data

The historical data trend for Develop North'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.

Develop North Interest Expense Chart

Develop North Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Interest Expense
Get a 7-Day Free Trial Premium Member Only -0.23 - -0.13 -0.16 -0.08

Develop North Semi-Annual Data
Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24
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 -0.12 -0.15 -0.01 -0.04 -0.05

Develop North 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 Nov. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.08 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.


Develop North Business Description

Traded in Other Exchanges
N/A
Address
Rodney Way, Hamilton Centre, Chelmsford, Essex, GBR, CM1 3BY
Develop North PLC is a closed-end investment company. The investment objective of the company is to provide shareholders with a consistent and stable income and the potential for an attractive total return over the medium to long term, Its portfolio consists of Kenley Homes, Horizon Cremation, Bede Homes, and Calmont Homes.

Develop North Headlines

No Headlines