Gateley (Holdings) (LSE:GTLY) Interest Expense : £-1.8 Mil (TTM As of Oct. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Gateley (Holdings) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gateley (Holdings)'s interest expense for the six months ended in Oct. 2023 was £ -1.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2023 was £-1.8 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. Gateley (Holdings)'s Operating Income for the six months ended in Oct. 2023 was £ 6.5 Mil. Gateley (Holdings)'s Interest Expense for the six months ended in Oct. 2023 was £ -1.0 Mil. Gateley (Holdings)'s Interest Coverage for the quarter that ended in Oct. 2023 was 6.81. 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.

Gateley (Holdings) Interest Expense Historical Data

The historical data trend for Gateley (Holdings)'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.

Gateley (Holdings) Interest Expense Chart

Gateley (Holdings) Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Interest Expense

Get a 7-Day Free Trial

-0.45

-1.27

-1.37

-1.14

-1.65

Gateley (Holdings) Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Interest Expense	Get a 7-Day Free Trial															-0.51	-0.63	-0.82	-0.83	-0.96

Gateley (Holdings) 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 Oct. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-1.8 Mil.

Gateley (Holdings) (LSE:GTLY) 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.

Gateley (Holdings)'s Interest Expense for the six months ended in Oct. 2023 was £-1.0 Mil. Its Operating Income for the six months ended in Oct. 2023 was £6.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Oct. 2023 was £40.7 Mil.

Gateley (Holdings)'s Interest Coverage for the quarter that ended in Oct. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Oct. 2023 )	/	Interest Expense (Q: Oct. 2023 )
	=	-1	*	6.522	/	-0.958
	=	6.81

The higher the ratio, the stronger the company's financial strength is.

Gateley (Holdings) (LSE:GTLY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Gateley (Holdings) PLC (LSE:GTLY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

5I2:Germany

Address

One Eleven Edmund Street, Birmingham, West Midlands, GBR, B3 2HJ

Website

http://www.gateleyplc.com

Gateley (Holdings) PLC is a full-service law firm. It provides commercial legal service with complementary non-legal services which includes trustees to pension schemes and offering tax incentive advice. The company has banking and financial services, corporate, business services, employment, pensions and benefits, and property segments. It derives most of its revenues from the banking and financial services segment. The firm mainly operates in the United Kingdom, Europe, Middle East, North and South America, and Asia.

Gateley (Holdings) (LSE:GTLY) Headlines

No Headlines