PRO-PAC Packaging (ASX:PPG) Interest Expense: A$-4.9 Mil (TTM As of Dec. 2024)


ASX:PPG PRO-PAC Packaging Ltd ASX:PPG
8 GF Score
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What is PRO-PAC Packaging Interest Expense?

PRO-PAC Packaging ASX:PPG 8 Interest Expense is A$-4.9 Mil as of Dec. 2024. GuruFocus rates ASX:PPG with a GF Score™ of 8/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PRO-PAC Packaging's interest expense for the six months ended in Dec. 2024 was A$ -3.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was A$-4.9 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. PRO-PAC Packaging's Operating Income for the six months ended in Dec. 2024 was A$ -14.2 Mil. PRO-PAC Packaging's Interest Expense for the six months ended in Dec. 2024 was A$ -3.9 Mil. PRO-PAC Packaging 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.

PRO-PAC Packaging  (ASX:PPG) 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.

PRO-PAC Packaging's Interest Expense for the six months ended in Dec. 2024 was A$-3.9 Mil. Its Operating Income for the six months ended in Dec. 2024 was A$-14.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was A$37.3 Mil.

PRO-PAC Packaging's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

PRO-PAC Packaging did not have earnings to cover the interest expense.

* 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.

PRO-PAC Packaging Interest Expense Historical Data

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The historical data trend for PRO-PAC Packaging'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.

PRO-PAC Packaging Interest Expense Chart

PRO-PAC Packaging 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 -11.77 -2.86 -3.38 -2.94 -3.92

PRO-PAC Packaging 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 -2.54 -0.40 -2.91 -1.01 -3.89
ASX:PPG
8GF Score
PRO-PAC Packaging Ltd ASX:PPG
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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PRO-PAC Packaging 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$-4.9 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of A$-4.9 Mil mean?
PRO-PAC Packaging (ASX:PPG) has a Interest Expense of A$-4.9 Mil as of Dec. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on PRO-PAC Packaging and its competitors.
Is PRO-PAC Packaging's Interest Expense too high?
PRO-PAC Packaging's current Interest Expense is A$-4.9 Mil. Overall, PRO-PAC Packaging has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does PRO-PAC Packaging's Interest Expense compare to IP and SW?
PRO-PAC Packaging's Interest Expense of A$-4.9 Mil can be compared against companies in the Packaging & Containers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Packaging & Containers company?
A good Interest Expense depends on the Packaging & Containers industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on PRO-PAC Packaging and its competitors. PRO-PAC Packaging's current Interest Expense is A$-4.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PRO-PAC Packaging stock overvalued right now?
PRO-PAC Packaging (ASX:PPG) has a current Interest Expense of A$-4.9 Mil. The current Interest Expense is A$-4.9 Mil. PRO-PAC Packaging's overall GF Score™ is 8/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For PRO-PAC Packaging (ASX:PPG), the current Interest Expense is A$-4.9 Mil as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

PRO-PAC Packaging Business Description

Address 83-85 Banbury Road, Reservoir, Melbourne, VIC, AUS, 3073
PRO-PAC Packaging Ltd is engaged in the manufacture and distribution of flexible, industrial, and rigid packaging products. The company's operating segment includes Flexibles; Specialty; and Unallocated. It generates maximum revenue from the Flexibles segment. The Flexibles packaging segment manufactures flexible packaging materials incorporating products such as stretch and shrink wrap, agricultural silage packaging, fresh produce bags, barrier and lidding films, and industrial protective films. Geographically, it derives a majority of its revenue from Australia and also has a presence in New Zealand.
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