South Dakota Soybean Processors LLC (South Dakota Soybean Processors LLC) Interest Expense : $-2.84 Mil (TTM As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is South Dakota Soybean Processors LLC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. South Dakota Soybean Processors LLC's interest expense for the three months ended in Dec. 2023 was $ -0.13 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-2.84 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. South Dakota Soybean Processors LLC's Operating Income for the three months ended in Dec. 2023 was $ 19.56 Mil. South Dakota Soybean Processors LLC's Interest Expense for the three months ended in Dec. 2023 was $ -0.13 Mil. South Dakota Soybean Processors LLC's Interest Coverage for the quarter that ended in Dec. 2023 was 148.18. 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.

South Dakota Soybean Processors LLC Interest Expense Historical Data

The historical data trend for South Dakota Soybean Processors LLC'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.

South Dakota Soybean Processors LLC Interest Expense Chart

South Dakota Soybean Processors LLC Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-1.63

-2.21

-2.84

South Dakota Soybean Processors LLC Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial					-0.63	-0.92	-1.06	-0.73	-0.13

South Dakota Soybean Processors LLC 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 $-2.84 Mil.

South Dakota Soybean Processors LLC (OTCPK:SDSYA) 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.

South Dakota Soybean Processors LLC's Interest Expense for the three months ended in Dec. 2023 was $-0.13 Mil. Its Operating Income for the three months ended in Dec. 2023 was $19.56 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $22.83 Mil.

South Dakota Soybean Processors LLC'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	*	19.56	/	-0.132
	=	148.18

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

South Dakota Soybean Processors LLC (South Dakota Soybean Processors LLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » South Dakota Soybean Processors LLC (OTCPK:SDSYA) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Caspian Avenue, PO Box 500, Volga, SD, USA, 57071

Website

https://www.sdsbp.com

South Dakota Soybean Processors LLC owns and operates a soybean processing plant and a soybean oil refinery. It is engaged in processing locally grown soybeans into soybean meal and soybean oil. The company offers the soybean meal to resellers, feed mills, and livestock producers as livestock feed. The Company principally generate revenue from merchandising and transporting manufactured agricultural products used as ingredients in food, feed, energy and industrial products. The Company generates most of its revenue by selling soybean meals in USA.

South Dakota Soybean Processors LLC (South Dakota Soybean Processors LLC) Headlines

No Headlines