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Glunz & Jensen Holding AS (OCSE:GJ) Interest Expense : kr-4.3 Mil (TTM As of Dec. 2024)


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What is Glunz & Jensen Holding AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Glunz & Jensen Holding AS's interest expense for the six months ended in Dec. 2024 was kr -1.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was kr-4.3 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. Glunz & Jensen Holding AS's Operating Income for the six months ended in Dec. 2024 was kr 6.3 Mil. Glunz & Jensen Holding AS's Interest Expense for the six months ended in Dec. 2024 was kr -1.9 Mil. Glunz & Jensen Holding AS's Interest Coverage for the quarter that ended in Dec. 2024 was 3.35. 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.


Glunz & Jensen Holding AS Interest Expense Historical Data

The historical data trend for Glunz & Jensen Holding AS'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.

Glunz & Jensen Holding AS Interest Expense Chart

Glunz & Jensen Holding AS Annual Data
Trend May14 May15 May16 May17 Mar19 Mar20 Mar21 Mar22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.43 -2.85 -2.49 -4.52 -4.28

Glunz & Jensen Holding AS Semi-Annual Data
Nov14 May15 Nov15 May16 Nov16 May17 Nov17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 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 -1.40 -2.60 -1.92 -2.40 -1.88

Glunz & Jensen Holding AS 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 kr-4.3 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.


Glunz & Jensen Holding AS  (OCSE:GJ) 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.

Glunz & Jensen Holding AS's Interest Expense for the six months ended in Dec. 2024 was kr-1.9 Mil. Its Operating Income for the six months ended in Dec. 2024 was kr6.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was kr57.6 Mil.

Glunz & Jensen Holding AS'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*6.314/-1.882
=3.35

* 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.


Glunz & Jensen Holding AS Business Description

Traded in Other Exchanges
N/A
Address
Selandia Park 1, Ringsted, DNK, DK-4100
Glunz & Jensen Holding AS is a supplier of, plate-making equipment and solutions for the prepress industry. In addition to developing and producing processing equipment for Offset and Flexo printing technologies, It also offers customer support as well as a full range of spare parts, wear parts, and consumable products. Its diverse product portfolio includes inkjet imaging systems, exposure units, washout units (processors), dryers, light finishers, fully automatic plate-making (inline) systems, mounting tables, plate stackers & turners. It presents two reportable segments the prepress market and the property rental Selandia. It has a geographic presence in EMEA, the Americas, Asia, and the Pacific. It generates the majority of its revenue from EMEA.

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