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Forbidden Foods (ASX:FFF) Interest Expense : A$-0.04 Mil (TTM As of Dec. 2023)


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What is Forbidden Foods Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Forbidden Foods's interest expense for the six months ended in Dec. 2023 was A$ -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.04 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. Forbidden Foods's Operating Income for the six months ended in Dec. 2023 was A$ -1.13 Mil. Forbidden Foods's Interest Expense for the six months ended in Dec. 2023 was A$ -0.03 Mil. Forbidden Foods 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.


Forbidden Foods Interest Expense Historical Data

The historical data trend for Forbidden Foods'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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Forbidden Foods Interest Expense Chart

Forbidden Foods Annual Data
Trend Jun21 Jun22 Jun23
Interest Expense
-0.52 -0.01 -0.03

Forbidden Foods Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial -0.01 -0.02 -0.02 -0.01 -0.03

Forbidden Foods 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$-0.04 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.


Forbidden Foods  (ASX:FFF) 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.

Forbidden Foods's Interest Expense for the six months ended in Dec. 2023 was A$-0.03 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-1.13 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$0.00 Mil.

Forbidden Foods's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Forbidden Foods 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.


Forbidden Foods (ASX:FFF) Business Description

Traded in Other Exchanges
N/A
Address
16/663 Victoria Street, Abbotsford, Melbourne, VIC, AUS, 3067
Forbidden Foods Ltd is an Australian owned and managed food company specialising in the sourcing and development of health focused food products for retail and food service in Australia and abroad.

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