GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Glunz & Jensen Holding A/S (OCSE:GJ) » Definitions » Interest Expense

Glunz & Jensen Holding A/S (OCSE:GJ) Interest Expense : kr-4.5 Mil (TTM As of Dec. 2023)


View and export this data going back to 1993. Start your Free Trial

What is Glunz & Jensen Holding A/S Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Glunz & Jensen Holding A/S's interest expense for the six months ended in Dec. 2023 was kr -1.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was kr-4.5 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 A/S's Operating Income for the six months ended in Dec. 2023 was kr 1.1 Mil. Glunz & Jensen Holding A/S's Interest Expense for the six months ended in Dec. 2023 was kr -1.9 Mil. Glunz & Jensen Holding A/S's Interest Coverage for the quarter that ended in Dec. 2023 was 0.56. 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 A/S Interest Expense Historical Data

The historical data trend for Glunz & Jensen Holding A/S'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 A/S Interest Expense Chart

Glunz & Jensen Holding A/S Annual Data
Trend May13 May14 May15 May16 May17 Mar19 Mar20 Mar21 Mar22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.16 -1.43 -2.85 -2.49 -4.52

Glunz & Jensen Holding A/S Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Jun23 Dec23
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 -1.70 -0.79 -1.40 -2.60 -1.92

Glunz & Jensen Holding A/S 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 kr-4.5 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 A/S  (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 A/S's Interest Expense for the six months ended in Dec. 2023 was kr-1.9 Mil. Its Operating Income for the six months ended in Dec. 2023 was kr1.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was kr56.7 Mil.

Glunz & Jensen Holding A/S's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*1.07/-1.92
=0.56

* 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 A/S (OCSE:GJ) Business Description

Traded in Other Exchanges
N/A
Address
Selandia Park 1, Ringsted, DNK, DK-4100
Glunz & Jensen Holding A/S is active in the press industry. The company sells and develops hardware, where production is controlled from the company's facilities around Europe, the USA, and China. In addition to press services, the company provides aftermarket services and related products, including assembly tables and display units. The company is headquartered in Ringsted. Product area Flexo and Product area Offset, are both part of the Prepress market. All products and services are connected to setters and printing equipment. Geographically, the majority is from the EMEA (Europe, Middle East, Africa).

Glunz & Jensen Holding A/S (OCSE:GJ) Headlines

No Headlines