GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Gattaca PLC (LSE:GATC) » Definitions » Interest Expense

Gattaca (LSE:GATC) Interest Expense : £-0.1 Mil (TTM As of Jul. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Gattaca Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gattaca's interest expense for the six months ended in Jul. 2024 was £ -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jul. 2024 was £-0.1 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. Gattaca's Operating Income for the six months ended in Jul. 2024 was £ 1.4 Mil. Gattaca's Interest Expense for the six months ended in Jul. 2024 was £ -0.0 Mil. Gattaca's Interest Coverage for the quarter that ended in Jul. 2024 was 36.54. 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.

Gattaca Interest Expense Historical Data

The historical data trend for Gattaca'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.

Gattaca Interest Expense Chart

Gattaca Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.26 -0.27 -0.25 -0.09 -0.07

Gattaca Semi-Annual Data
Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24
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 -0.10 -0.06 -0.03 -0.03 -0.04

Gattaca 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 Jul. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.1 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.

Gattaca  (LSE:GATC) 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.

Gattaca's Interest Expense for the six months ended in Jul. 2024 was £-0.0 Mil. Its Operating Income for the six months ended in Jul. 2024 was £1.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jul. 2024 was £1.2 Mil.

Gattaca's Interest Coverage for the quarter that ended in Jul. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jul. 2024 )/Interest Expense (Q: Jul. 2024 )
=-1*1.425/-0.039
=36.54

* 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.

Gattaca Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Gattaca PLC (LSE:GATC) » Definitions » Interest Expense
Comparable Companies
LSE:STAF LSE:RTC LSE:EMR LSE:NBB RHI XAMS:RAND TNET XSWX:ADEN KFY TSE:2181 NSP MAN TSE:6028 LSE:HAS SHSE:600861 TSE:9744 LSE:PAGE HKSE:02225 BOM:539978 BBSI
Traded in Other Exchanges
N/A
Address
1450 Parkway, Solent Business Park, Whiteley, Fareham, Hampshire, GBR, PO15 7AF
Website
https://www.gattacaplc.com
Gattaca PLC provides specialist recruitment solutions to companies in the engineering and technology sector. Its offerings revolve around services such as; contingent workforce solutions which include temporary, contract, and project-based workforce; permanent recruitment process outsourcing, providing full as well as partial outsourcing of the permanent workforce to clients; and total workforce solutions and employer branding services. The company's operating segments are classified into Mobility, Energy, Defense, Technology, Media and Telecoms, Infrastructure, Gattaca projects, International, and Others. It derives key revenue from the Infrastructure segment. Geographically, it derives key revenue from the United Kingdom and rest from the Middle East, Europe, Africa, and the Americas.

Gattaca Headlines

No Headlines