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Good Energy Group (LSE:GOOD) Interest Expense : £-0.4 Mil (TTM As of Dec. 2024)


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What is Good Energy Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Good Energy Group's interest expense for the six months ended in Dec. 2024 was £ -0.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 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. Good Energy Group's Operating Income for the six months ended in Dec. 2024 was £ 2.1 Mil. Good Energy Group's Interest Expense for the six months ended in Dec. 2024 was £ -0.2 Mil. Good Energy Group's Interest Coverage for the quarter that ended in Dec. 2024 was 12.31. 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.


Good Energy Group Interest Expense Historical Data

The historical data trend for Good Energy 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.

Good Energy Group Interest Expense Chart

Good Energy Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.17 -0.58 -0.35 -0.32 -0.36

Good Energy Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -0.17 -0.15 -0.19 -0.17

Good Energy 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 Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.4 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.


Good Energy Group  (LSE:GOOD) 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.

Good Energy Group's Interest Expense for the six months ended in Dec. 2024 was £-0.2 Mil. Its Operating Income for the six months ended in Dec. 2024 was £2.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was £5.4 Mil.

Good Energy Group's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*2.092/-0.17
=12.31

* 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.


Good Energy Group Business Description

Traded in Other Exchanges
N/A
Address
Monkton Park Offices, Monkton Park, Chippenham, Wiltshire, GBR, SN15 1GH
Good Energy Group PLC is a developer and supplier of electricity in the United Kingdom. The company is engaged in the purchase and sale of electricity from renewable sources, the sale of gas, services relating to micro-renewable generation, solar and heat pump installation services and the sale of EV market data services. Its segments are Electricity Supply, FiT Administration, Gas Supply, Energy as a Service (including Zap-map, Good Energy Works, and Wessex ECOEnergy), and Holding companies. The company generates a vast majority of its revenues from Electricity Supply companies.