GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Wellnex Life Ltd (ASX:WNX) » Definitions » Interest Expense

Wellnex Life (ASX:WNX) Interest Expense : A$-1.83 Mil (TTM As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Wellnex Life Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wellnex Life's interest expense for the six months ended in Dec. 2023 was A$ -0.70 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.83 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. Wellnex Life's Operating Income for the six months ended in Dec. 2023 was A$ -6.47 Mil. Wellnex Life's Interest Expense for the six months ended in Dec. 2023 was A$ -0.70 Mil. Wellnex Life 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.


Wellnex Life Interest Expense Historical Data

The historical data trend for Wellnex Life'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.

Wellnex Life Interest Expense Chart

Wellnex Life Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial -0.03 -0.86 -1.63 -0.96 -1.68

Wellnex Life 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.28 -0.68 -0.55 -1.13 -0.70

Wellnex Life 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$-1.83 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.


Wellnex Life  (ASX:WNX) 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.

Wellnex Life's Interest Expense for the six months ended in Dec. 2023 was A$-0.70 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-6.47 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$5.72 Mil.

Wellnex Life's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Wellnex Life 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.


Wellnex Life (ASX:WNX) Business Description

Traded in Other Exchanges
Address
574 Plummer Street, Building 2, Level 3, Suite 69, Port Melbourne, Melbourne, VIC, AUS, 3207
Wellnex Life Ltd is a health and wellness company which is engaged in developing health and wellness products. It offers products including nutritional food products, natural baby skincare range, and nutritional health supplement range. The company offers its products through brands such as The Iron Company, Mr Bright, Nighty Night and others.

Wellnex Life (ASX:WNX) Headlines

No Headlines