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Gaon Group (XTAE:GAGR) Interest Expense : ₪ Mil (TTM As of . 20)


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What is Gaon Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gaon Group's interest expense for the three months ended in . 20 was ₪ 0.00 Mil. Gaon Group does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Gaon Group's Operating Income for the three months ended in . 20 was ₪ 0.00 Mil. Gaon Group's Interest Expense for the three months ended in . 20 was ₪ 0.00 Mil. Gaon Group did not have earnings to cover the interest expense. 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.


Gaon Group Interest Expense Historical Data

The historical data trend for Gaon Group'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.

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Gaon Group Interest Expense Chart

Gaon Group Annual Data
Trend
Interest Expense

Gaon Group Quarterly Data
Interest Expense

Gaon Group Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.


Gaon Group  (XTAE:GAGR) 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.

Gaon Group's Interest Expense for the three months ended in . 20 was ₪0.00 Mil. Its Operating Income for the three months ended in . 20 was ₪0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in . 20 was ₪0.00 Mil.

Gaon Group's Interest Coverage for the quarter that ended in . 20 is calculated as

Gaon Group had no long-term debt (1).

* 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.


Gaon Group (XTAE:GAGR) Business Description

Traded in Other Exchanges
N/A
Address
Ariel Sharon 8, P.O.B 266, Or Yehuda, ISR, 6039730
Gaon Group Ltd is an Israel based company which produces steel products. It manufactures and markets steel pipes used in water, sewage, fuel and gas infrastructures as well as structural pipes used in construction. It uses Electric Resistance & Submerged Arc welding technologies. Its products include steel pipes, plastic pipes, valves, ball valves, water meters and more.

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