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Australian Dairy Nutritionals (ASX:AHF) Interest Expense : A$-0.05 Mil (TTM As of Dec. 2023)


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What is Australian Dairy Nutritionals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Australian Dairy Nutritionals's interest expense for the six months ended in Dec. 2023 was A$ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.05 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. Australian Dairy Nutritionals's Operating Income for the six months ended in Dec. 2023 was A$ -2.36 Mil. Australian Dairy Nutritionals's Interest Expense for the six months ended in Dec. 2023 was A$ -0.01 Mil. Australian Dairy Nutritionals 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.


Australian Dairy Nutritionals Interest Expense Historical Data

The historical data trend for Australian Dairy Nutritionals'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.

Australian Dairy Nutritionals Interest Expense Chart

Australian Dairy Nutritionals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.61 -0.47 -0.43 -0.09 -0.06

Australian Dairy Nutritionals Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.07 -0.03 -0.02 -0.04 -0.01

Australian Dairy Nutritionals 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 A$-0.05 Mil.

* 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.


Australian Dairy Nutritionals  (ASX:AHF) 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.

Australian Dairy Nutritionals's Interest Expense for the six months ended in Dec. 2023 was A$-0.01 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-2.36 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$0.24 Mil.

Australian Dairy Nutritionals's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Australian Dairy Nutritionals did not have earnings to cover the interest expense.

* 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.


Australian Dairy Nutritionals (ASX:AHF) Business Description

Traded in Other Exchanges
N/A
Address
160 Depot Road, Camperdown, Sydney, VIC, AUS, 3260
Australian Dairy Nutritionals Ltd is a vertically integrated dairy producer in Australia. The company's operating segment includes Nutritional Powders and Dairy Processing. It generates maximum revenue from the Dairy Processing segment. Dairy Processing segment includes the processing and sale of dairy products to domestic markets. The Dairy Farms segment includes the ownership and operation of dairy farms and dairy livestock for the production and sale of fresh raw milk for conversion to milk and milk products. Its product portfolio includes Milk; Yoghurt; Butter and Stockist. Geographically, it derives a majority of its revenue from Australia.

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