GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Goodman Fielder Ltd (NZSE:GFF) » Definitions » Interest Expense

Goodman Fielder (NZSE:GFF) Interest Expense : NZ$-68 Mil (TTM As of Dec. 2014)


View and export this data going back to . Start your Free Trial

What is Goodman Fielder Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Goodman Fielder's interest expense for the six months ended in Dec. 2014 was NZ$ -34 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2014 was NZ$-68 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. Goodman Fielder's Operating Income for the six months ended in Dec. 2014 was NZ$ 79 Mil. Goodman Fielder's Interest Expense for the six months ended in Dec. 2014 was NZ$ -34 Mil. Goodman Fielder's Interest Coverage for the quarter that ended in Dec. 2014 was 2.30. 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.


Goodman Fielder Interest Expense Historical Data

The historical data trend for Goodman Fielder'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.

Goodman Fielder Interest Expense Chart

Goodman Fielder Annual Data
Trend Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -109.63 -133.79 -117.48 -91.98 -67.56

Goodman Fielder Semi-Annual Data
Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
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 -45.43 -48.86 -34.28 -33.45 -34.25

Goodman Fielder 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. 2014 adds up the semi-annually data reported by the company within the most recent 12 months, which was NZ$-68 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.


Goodman Fielder  (NZSE:GFF) 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.

Goodman Fielder's Interest Expense for the six months ended in Dec. 2014 was NZ$-34 Mil. Its Operating Income for the six months ended in Dec. 2014 was NZ$79 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2014 was NZ$724 Mil.

Goodman Fielder's Interest Coverage for the quarter that ended in Dec. 2014 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2014 )/Interest Expense (Q: Dec. 2014 )
=-1*78.812/-34.247
=2.30

* 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.


Goodman Fielder (NZSE:GFF) Business Description

Traded in Other Exchanges
N/A
Address
Goodman Fielder Limited manufactures, markets & distributes food ingredients & consumer branded food, beverage & related products, including packaged bread & other related goods, biscuits, dairy products, small goods, flour, edible oils & meal components.

Goodman Fielder (NZSE:GFF) Headlines

From GuruFocus

Griffon Corporation Declares Quarterly Dividend

By Business Wire 08-02-2023

Smith, Graham & Co., Investment Advisors, LP Buys 3, Sells 2 in 2nd Quarter

By GuruFocus Research GuruFocus Editor 08-04-2022

Griffon Concludes Review of Strategic Alternatives

By Business Wire Business Wire 04-20-2023

Griffon Corporation Declares Quarterly Dividend

By Business Wire Business Wire 11-17-2022

Griffon Corporation Announces Review of Strategic Alternatives

By Business Wire Business Wire 05-16-2022

Griffon Corporation Declares Quarterly Dividend

By Business Wire 11-15-2023