Cobram Estate Olives (ASX:CBO) Interest Expense : A$-10.1 Mil (TTM As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Cobram Estate Olives Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cobram Estate Olives's interest expense for the six months ended in Dec. 2023 was A$ -5.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-10.1 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. Cobram Estate Olives's Operating Income for the six months ended in Dec. 2023 was A$ -13.1 Mil. Cobram Estate Olives's Interest Expense for the six months ended in Dec. 2023 was A$ -5.6 Mil. Cobram Estate Olives 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.

Cobram Estate Olives Interest Expense Historical Data

The historical data trend for Cobram Estate Olives'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.

Cobram Estate Olives Interest Expense Chart

Cobram Estate Olives Annual Data

Trend

Jun22

Jun23

Interest Expense

-4.68

-8.33

Cobram Estate Olives Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial			-2.36	-2.32	-3.79	-4.54	-5.58

Cobram Estate Olives 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$-10.1 Mil.

Cobram Estate Olives (ASX:CBO) 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.

Cobram Estate Olives's Interest Expense for the six months ended in Dec. 2023 was A$-5.6 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-13.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$195.9 Mil.

Cobram Estate Olives's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Cobram Estate Olives 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. Cobram Estate Olives Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Cobram Estate Olives (ASX:CBO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Cobram Estate Olives Ltd (ASX:CBO) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

151 Broderick Road, Corio, Lara, VIC, AUS, 3212

Website

https://www.cobramestateolives.com.au

Cobram Estate Olives Ltd is a producer and marketer of premium quality extra virgin olive oil. It owns the two Australian extra virgin olive oil brands, Cobram Estate and Red Island. The company's geographical segment includes Australia; United States of America and Innovation and value-added products. It derives a majority of revenue from Australian operations.

Cobram Estate Olives (ASX:CBO) Headlines

No Headlines