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Globo (LSE:GBO) Interest Expense : £-3.45 Mil (TTM As of Jun. 2015)


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What is Globo Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Globo's interest expense for the six months ended in Jun. 2015 was £ -1.43 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2015 was £-3.45 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. Globo's Operating Income for the six months ended in Jun. 2015 was £ 16.74 Mil. Globo's Interest Expense for the six months ended in Jun. 2015 was £ -1.43 Mil. Globo's Interest Coverage for the quarter that ended in Jun. 2015 was 11.73. 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.


Globo Interest Expense Historical Data

The historical data trend for Globo'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.

Globo Interest Expense Chart

Globo Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Interest Expense
Get a 7-Day Free Trial Premium Member Only -1.08 -0.49 -0.25 -1.42 -3.25

Globo Semi-Annual Data
Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
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 -0.28 -1.15 -1.25 -2.03 -1.43

Globo 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. 2015 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-3.45 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.


Globo  (LSE:GBO) 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.

Globo's Interest Expense for the six months ended in Jun. 2015 was £-1.43 Mil. Its Operating Income for the six months ended in Jun. 2015 was £16.74 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2015 was £37.24 Mil.

Globo's Interest Coverage for the quarter that ended in Jun. 2015 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2015 )/Interest Expense (Q: Jun. 2015 )
=-1*16.738/-1.427
=11.73

* 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.


Globo (LSE:GBO) Business Description

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Globo PLC was incorporated in United Kingdom on July 13, 2005. The Company is an international technology innovator delivering enterprise mobility management & mobile application development platforms & services. The Company's operating segments include; Mobile products and services, Telecom services (S.a.a.S), and Third party goods. The Mobile products and services segment sells its mobile software products and services to its clients. The Telecom services (S.a.a.S) combines telecom services with its software products (e-business and WiFi services) that are then sold on software as a service basis. The Third party goods resell third party goods, to its customers, mainly comprising mobile accessories. The Company's product & services portfolio includes; GO!Enterprise Platform products; Enterprise Mobility Products; Small Business Mobility Services; Consumer Mobile Services; and Telecom & SaaS.

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