Amcon Distributing Co (Amcon Distributing Co) Interest Expense : $-9 Mil (TTM As of Mar. 2024)

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What is Amcon Distributing Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Amcon Distributing Co's interest expense for the three months ended in Mar. 2024 was $ -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-9 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. Amcon Distributing Co's Operating Income for the three months ended in Mar. 2024 was $ 3 Mil. Amcon Distributing Co's Interest Expense for the three months ended in Mar. 2024 was $ -2 Mil. Amcon Distributing Co's Interest Coverage for the quarter that ended in Mar. 2024 was 1.49. 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.

Amcon Distributing Co Interest Expense Historical Data

The historical data trend for Amcon Distributing Co'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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Amcon Distributing Co Interest Expense Chart

Amcon Distributing Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Expense

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-1.60

-1.69

-1.34

-2.25

-8.55

Amcon Distributing Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-2.17	-2.39	-2.30	-2.31	-2.25

Amcon Distributing Co 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-9 Mil.

Amcon Distributing Co (AMEX:DIT) 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.

Amcon Distributing Co's Interest Expense for the three months ended in Mar. 2024 was $-2 Mil. Its Operating Income for the three months ended in Mar. 2024 was $3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $132 Mil.

Amcon Distributing Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	3.344	/	-2.248
	=	1.49

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

Amcon Distributing Co (Amcon Distributing Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Amcon Distributing Co (AMEX:DIT) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

7405 Irvington Road, Omaha, NE, USA, 68122

Website

https://www.amcon.com

Amcon Distributing Co is engaged in the wholesale and retail distribution of consumer products such as cigarettes, tobacco, confectionery, health food, and others. It operates in two segments: Wholesale distribution segment distributing consumer products to the retail outlets including convenience stores, grocery stores, liquor stores, drug stores, and tobacco shops in the Central, Rocky Mountain, and Southern regions of the United States; and the Retail health food segment is a specialty retailer of natural/organic groceries and dietary supplements throughout the Midwest and Florida. The company earns a majority of the revenue from the Wholesale distribution segment.

Executives

Kathleen M Evans	director, officer: President	15701 NORTH 47TH ST, OMAHA NE 68152
Charles J. Schmaderer	officer: VP,Controller,Secretary	7405 IRVINGTON ROAD, OMAHA NE 68122
Jeremy W Hobbs	director	444 NORTH MICHIGAN AVE, STE 2050, CHICAGO IL 60611
John R Loyack	director	ALVARADO SQUARE MS 2818, ALBUQUERQUE NM 87158
William F Wright	director, 10 percent owner, officer: Chairman	1431 STRATFORD CT, DEL MAR CA 92014
Timothy R Pestotnik	director	600 W BROADWAY, STE 2600, SAN DIEGO CA 92101
Stanley Mayer	director
Christopher H Atayan	director, officer: CEO and Vice Chairman	C/O SLUSSER ASSOCIATES, INC., 153 EAST 53RD STREET, NEW YORK NY 10022
Andrew Charles Plummer	officer: Chief Financial Officer	18325 JEFFERSON ST, OMAHA NE 68135
Eric J Hinkefent	officer: President of CNF and HFA	ROUTE 5, BOX 445, COWETA OK 74429
Raymond F Bentele	director	C/O MALLINCKRODT GROUP INC, 7733 FORSYTH BLVD, ST LOUIS MO 63105
Philip E Campbell	officer: SVP - Planning and Compliance	1302 ELMSHADE COVE, ROUND ROCK TX 78664
Draupnir Llc	10 percent owner	500 N DEARBORN, 2ND FL, CHICAGO IL 60610
Allen D Petersen	director, 10 percent owner	122 WEST COUNTY LINE ROAD, BARRINGTON HILLS IL 60010
Dawson Foundation Alexander	10 percent owner	4045 SOUTH SPENCER STREEET, SUITE 312, LAS VEGAS NV 89119