Dole (DOLE) Interest Expense

: $-81 Mil (TTM As of Dec. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Dole's interest expense for the three months ended in Dec. 2023 was $ -19 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-81 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. Dole's Operating Income for the three months ended in Dec. 2023 was $ 33 Mil. Dole's Interest Expense for the three months ended in Dec. 2023 was $ -19 Mil. Dole's Interest Coverage for the quarter that ended in Dec. 2023 was 1.76. 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.

Dole Interest Expense Historical Data

The historical data trend for Dole'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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Dole Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-12.04

-10.52

-24.99

-56.37

-81.11

Dole Quarterly Data
	Dec18	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial												-18.25	-21.71	-19.75	-20.90	-18.75

Dole 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 quarterly data reported by the company within the most recent 12 months, which was $-81 Mil.

Dole (NYSE:DOLE) 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.

Dole's Interest Expense for the three months ended in Dec. 2023 was $-19 Mil. Its Operating Income for the three months ended in Dec. 2023 was $33 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $1,133 Mil.

Dole'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	*	32.964	/	-18.754
	=	1.76

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

Dole (DOLE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Dole PLC (NYSE:DOLE) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

4CB:Germany

Address

29 North Anne Street, Dublin, IRL, D07 PH36

Website

https://www.doleplc.com

Dole PLC through its subsidiaries operates in the North American and European markets for fresh fruits and vegetables. The company's segment includes Fresh Fruit; Diversified Fresh Produce - EMEA; Diversified Fresh Produce - Americas and ROW and Fresh Vegetables. It generates maximum revenue from the Diversified Fresh Produce - EMEA segment. Diversified Fresh Produce - EMEA segment includes Dole's Irish, Dutch, Spanish, Portuguese, French, Italian, U.K., Swedish, Danish, South African, Eastern European, and Brazilian businesses, the majority of which sell a variety of imported and local fresh fruits and vegetables through retail, wholesale and, in some instances, food service channels across the European marketplace.