Duxton Water (ASX:D2O) Interest Expense : A$-6.46 Mil (TTM As of Dec. 2023)

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What is Duxton Water Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Duxton Water's interest expense for the six months ended in Dec. 2023 was A$ -2.75 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-6.46 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. Duxton Water's Operating Income for the six months ended in Dec. 2023 was A$ 14.30 Mil. Duxton Water's Interest Expense for the six months ended in Dec. 2023 was A$ -2.75 Mil. Duxton Water's Interest Coverage for the quarter that ended in Dec. 2023 was 5.19. 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.

Duxton Water Interest Expense Historical Data

The historical data trend for Duxton Water'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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Duxton Water Interest Expense Chart

Duxton Water Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-2.28

-4.22

0.39

0.77

-6.46

Duxton Water Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial									0.52	3.33	-2.56	-3.71	-2.75

Duxton Water 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$-6.46 Mil.

Duxton Water (ASX:D2O) 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.

Duxton Water's Interest Expense for the six months ended in Dec. 2023 was A$-2.75 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$14.30 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$116.50 Mil.

Duxton Water'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	*	14.296	/	-2.754
	=	5.19

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. Duxton Water Ltd interest coverage is 2.5, which is low.

Duxton Water (ASX:D2O) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Duxton Water Ltd (ASX:D2O) » Definitions » Interest Expense

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Address

7 Pomona Road, Duxton House, Stirling, SA, AUS, 5152

Website

https://www.duxtonwater.com.au

Duxton Water Ltd invests in Australian Water Entitlements. It owns and manages a portfolio of water assets and provided irrigators a range of water supply solutions. The company is engaged in water supply licenses, leases, buying and selling, and other related services. Its operating segment includes Permanent Water; Temporary Water; and Unallocated, of which key revenue is derived from the Permanent Water segment.

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