Grino Ecologic (XMAD:GRI) Interest Expense: €-0.92 Mil (TTM As of Dec. 2024)


XMAD:GRI Grino Ecologic XMAD:GRI
69 GF Score
Price €1.34
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What is Grino Ecologic Interest Expense?

Grino Ecologic XMAD:GRI 69 Interest Expense is €-0.92 Mil as of Dec. 2024. GuruFocus rates XMAD:GRI with a GF Score™ of 69/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Grino Ecologic's interest expense for the six months ended in Dec. 2024 was € -0.42 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was €-0.92 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. Grino Ecologic's Operating Income for the six months ended in Dec. 2024 was € 2.87 Mil. Grino Ecologic's Interest Expense for the six months ended in Dec. 2024 was € -0.42 Mil. Grino Ecologic's Interest Coverage for the quarter that ended in Dec. 2024 was 6.77. 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.

Grino Ecologic  (XMAD:GRI) 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.

Grino Ecologic's Interest Expense for the six months ended in Dec. 2024 was €-0.42 Mil. Its Operating Income for the six months ended in Dec. 2024 was €2.87 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was €9.63 Mil.

Grino Ecologic'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*2.872/-0.424
=6.77

* 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.

Grino Ecologic Interest Expense Historical Data

* Premium members only.

The historical data trend for Grino Ecologic'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.

Grino Ecologic Interest Expense Chart

Grino Ecologic 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 -0.66 -0.50 -0.45 -0.99 -0.92

Grino Ecologic 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 -0.29 -0.37 -0.62 -0.50 -0.42
XMAD:GRI
69GF Score
Grino Ecologic XMAD:GRI
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Grino Ecologic 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 €-0.92 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of €-0.92 Mil mean?
Grino Ecologic (XMAD:GRI) has a Interest Expense of €-0.92 Mil as of Dec. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on Grino Ecologic and its competitors.
Is Grino Ecologic's Interest Expense too high?
Grino Ecologic's current Interest Expense is €-0.92 Mil. Overall, Grino Ecologic has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Grino Ecologic's Interest Expense compare to WM and RSG?
Grino Ecologic's Interest Expense of €-0.92 Mil can be compared against companies in the Waste Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Waste Management company?
A good Interest Expense depends on the Waste Management industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Grino Ecologic and its competitors. Grino Ecologic's current Interest Expense is €-0.92 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grino Ecologic stock overvalued right now?
Grino Ecologic (XMAD:GRI) has a current Interest Expense of €-0.92 Mil. The current Interest Expense is €-0.92 Mil. Grino Ecologic's overall GF Score™ is 69/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Grino Ecologic (XMAD:GRI), the current Interest Expense is €-0.92 Mil as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Grino Ecologic Business Description

Address Placa Sant Joan 10, 6th Floor, Lleida, ESP, 25007
Grino Ecologic is a group of industrial companies which focuses on environmental services and green energy generation. The company operates in environmental services, waste treatment, energy, and construction.
69GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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