Glenveagh Properties (DUB:GVR) Interest Expense : €-16.2 Mil (TTM As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Glenveagh Properties Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Glenveagh Properties's interest expense for the six months ended in Dec. 2023 was € -8.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-16.2 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. Glenveagh Properties's Operating Income for the six months ended in Dec. 2023 was € 62.1 Mil. Glenveagh Properties's Interest Expense for the six months ended in Dec. 2023 was € -8.8 Mil. Glenveagh Properties's Interest Coverage for the quarter that ended in Dec. 2023 was 7.09. 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.

Glenveagh Properties Interest Expense Historical Data

The historical data trend for Glenveagh Properties'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.

Glenveagh Properties Interest Expense Chart

Glenveagh Properties Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-2.67

-3.03

-4.85

-7.09

-16.22

Glenveagh Properties Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial							-2.62	-3.04	-4.06	-7.46	-8.76

Glenveagh Properties 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 €-16.2 Mil.

Glenveagh Properties (DUB:GVR) 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.

Glenveagh Properties's Interest Expense for the six months ended in Dec. 2023 was €-8.8 Mil. Its Operating Income for the six months ended in Dec. 2023 was €62.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €116.3 Mil.

Glenveagh Properties'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	*	62.103	/	-8.76
	=	7.09

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

Glenveagh Properties (DUB:GVR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Glenveagh Properties PLC (DUB:GVR) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

GLVl:UK GLV:UK GVR:Germany

Address

Block B, Straffan Road, Maynooth Business Campus, Maynooth, Kildare, IRL, W23 W5X7

Website

https://www.glenveagh.ie/corporate

Glenveagh Properties PLC is engaged in homebuilding in Ireland. The company is organised into three key reportable segments, 1) The Suburban segment is engaged in housing (with some low rise apartments) with demand coming from private buyers and institutions. 2) Urban segment is engaged in developing apartments to deliver to institutional investors. The apartments are located primarily in Dublin and Cork, but also on sites adjacent to significant rail transportation hubs. 3) Partnerships segment involves the Government, local authorities, or state agencies contributing their land on a reduced cost, or phased basis into a development agreement with Glenveagh. Approximately 50% of the product is delivered back to the government or local authority via social and affordable homes.

Glenveagh Properties (DUB:GVR) Headlines

No Headlines