Finbar Group (Finbar Group) Interest Expense : $-2.21 Mil (TTM As of Dec. 2023)

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What is Finbar Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Finbar Group's interest expense for the six months ended in Dec. 2023 was $ -1.06 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-2.21 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. Finbar Group's Operating Income for the six months ended in Dec. 2023 was $ -0.29 Mil. Finbar Group's Interest Expense for the six months ended in Dec. 2023 was $ -1.06 Mil. Finbar Group 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.

Finbar Group Interest Expense Historical Data

The historical data trend for Finbar Group'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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Finbar Group Interest Expense Chart

Finbar Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-0.54

-0.23

-0.04

-0.36

-1.50

Finbar Group 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															-0.33	-0.03	-0.36	-1.15	-1.06

Finbar Group 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 $-2.21 Mil.

Finbar Group (OTCPK:FNBRF) 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.

Finbar Group's Interest Expense for the six months ended in Dec. 2023 was $-1.06 Mil. Its Operating Income for the six months ended in Dec. 2023 was $-0.29 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $4.93 Mil.

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

Finbar Group did not have earnings to cover the interest expense.

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Finbar Group Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Finbar Group (Finbar Group) Business Description

Industry

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FRI:Australia

Address

181 Adelaide Terrace, Level 6, East Perth, Perth, WA, AUS, 6004

Website

https://www.finbar.com.au

Finbar Group Ltd develops and invests in properties in Australia. The company develops medium to high density residential apartments and commercial properties, as well as rents its properties in Western Australia. It operates through the following segments: Residential apartment development, Commercial office/Retail development, Rental of property, and Corporate. The majority of the group's revenue is generated through the Residential apartment development segment in Western Australia. Geographically the group operates in Western Australia.

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