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Lindsay Australia (ASX:LAU) Interest Expense : A$-3.5 Mil (TTM As of Dec. 2024)


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What is Lindsay Australia Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lindsay Australia's interest expense for the six months ended in Dec. 2024 was A$ -7.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was A$-3.5 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. Lindsay Australia's Operating Income for the six months ended in Dec. 2024 was A$ 24.1 Mil. Lindsay Australia's Interest Expense for the six months ended in Dec. 2024 was A$ -7.1 Mil. Lindsay Australia's Interest Coverage for the quarter that ended in Dec. 2024 was 3.38. 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.


Lindsay Australia Interest Expense Historical Data

The historical data trend for Lindsay Australia'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.

Lindsay Australia Interest Expense Chart

Lindsay Australia Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.19 -6.58 -3.60 -6.05 -3.28

Lindsay Australia Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 Premium Member Only Premium Member Only -4.71 -1.34 -6.87 3.60 -7.12

Lindsay Australia 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-3.5 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.


Lindsay Australia  (ASX:LAU) 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.

Lindsay Australia's Interest Expense for the six months ended in Dec. 2024 was A$-7.1 Mil. Its Operating Income for the six months ended in Dec. 2024 was A$24.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was A$183.1 Mil.

Lindsay Australia's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*24.075/-7.118
=3.38

* 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.


Lindsay Australia Business Description

Traded in Other Exchanges
N/A
Address
152 Postle Street, Acacia Ridge, Brisbane, QLD, AUS, 4110
Lindsay Australia Ltd is an integrated transport, logistics and rural supply company that has a specific focus on servicing customers in the food processing, food services, fresh produce and horticulture sectors. It includes transportation of general and refrigerated products and the sale and distribution of agricultural supply products. It operates through Transport, Rural segments, and Hunter segment . The Transport segment is involved in the cartage of general and refrigerated products, and ancillary sales. The Rural segment sells and distributes a range of agricultural supply products. The Hunter segment includes sale and distribution of a range of agricultural, home, timber and hardware products. The company generates maximum revenue from the Transport segment.

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