Green Hydrogen Systems A/S (OCSE:GREENH) Interest Expense : kr-48.98 Mil (TTM As of Dec. 2023)

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What is Green Hydrogen Systems A/S Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Green Hydrogen Systems A/S's interest expense for the six months ended in Dec. 2023 was kr -37.21 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was kr-48.98 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. Green Hydrogen Systems A/S's Operating Income for the six months ended in Dec. 2023 was kr -201.08 Mil. Green Hydrogen Systems A/S's Interest Expense for the six months ended in Dec. 2023 was kr -37.21 Mil. Green Hydrogen Systems A/S 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.

Green Hydrogen Systems A/S Interest Expense Historical Data

The historical data trend for Green Hydrogen Systems 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.

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Green Hydrogen Systems A/S Interest Expense Chart

Green Hydrogen Systems A/S Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.08

-1.84

-17.84

-3.40

-48.98

Green Hydrogen Systems A/S Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial					-10.55	-3.16	-0.24	-11.77	-37.21

Green Hydrogen Systems 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-48.98 Mil.

Green Hydrogen Systems A/S (OCSE:GREENH) 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.

Green Hydrogen Systems A/S's Interest Expense for the six months ended in Dec. 2023 was kr-37.21 Mil. Its Operating Income for the six months ended in Dec. 2023 was kr-201.08 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was kr382.73 Mil.

Green Hydrogen Systems A/S's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Green Hydrogen Systems A/S did not have earnings to cover the interest expense.

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

Green Hydrogen Systems A/S (OCSE:GREENH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Green Hydrogen Systems A/S (OCSE:GREENH) » Definitions » Interest Expense

Traded in Other Exchanges

3LUA:Germany

Address

Nordager 21, Kolding, DNK, DK-6000

Website

https://www.greenhydrogen.dk

Green Hydrogen Systems A/S is a provider of standardised and modular electrolysers for the production of green hydrogen solely based on renewable energy. The firm caters to industries that establish on-site green hydrogen production for different purposes as well as energy and transport companies being at the forefront of the development of Power-to-X applications and transition towards emission-free fuel. It generates revenue from the sale and installation of complete alkaline electrolysis solutions as well as the service of the installed systems. The company derives its revenue from Denmark, Norway, Sweden and other countries.

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