GRIT Real Estateome Group (LSE:GR1T) Interest Expense : £-29.62 Mil (TTM As of Dec. 2023)

GRIT Real Estateome Group Interest Expense Chart

GRIT Real Estateome Group Annual Data
	Trend	Aug13	Jun15	Jun16	Jun17	Jun18	Jun19	Jun20	Jun21	Jun22	Jun23
Interest Expense		Get a 7-Day Free Trial					-16.36	-18.23	-15.44	-18.32	-27.93

GRIT Real Estateome Group Semi-Annual Data
	Aug13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-8.10	-9.57	-12.64	-15.74	-13.88

GRIT Real Estateome 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-29.62 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.

GRIT Real Estateome Group  (LSE:GR1T) 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.

GRIT Real Estateome Group's Interest Expense for the six months ended in Dec. 2023 was £-13.88 Mil. Its Operating Income for the six months ended in Dec. 2023 was £12.29 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was £314.12 Mil.

GRIT Real Estateome Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. GRIT Real Estate Income Group Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

GRIT Real Estateome Group (LSE:GR1T) Business Description