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Wide Open Agriculture (ASX:WOA) Interest Expense : A$-0.11 Mil (TTM As of Dec. 2023)


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What is Wide Open Agriculture Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wide Open Agriculture's interest expense for the six months ended in Dec. 2023 was A$ -0.12 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.11 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. Wide Open Agriculture's Operating Income for the six months ended in Dec. 2023 was A$ -7.51 Mil. Wide Open Agriculture's Interest Expense for the six months ended in Dec. 2023 was A$ -0.12 Mil. Wide Open Agriculture 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.


Wide Open Agriculture Interest Expense Historical Data

The historical data trend for Wide Open Agriculture'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.

Wide Open Agriculture Interest Expense Chart

Wide Open Agriculture Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
-0.01 - - -0.11 -0.06

Wide Open Agriculture Semi-Annual Data
Dec17 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 - -0.11 -0.08 0.02 -0.12

Wide Open Agriculture 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$-0.11 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.


Wide Open Agriculture  (ASX:WOA) 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.

Wide Open Agriculture's Interest Expense for the six months ended in Dec. 2023 was A$-0.12 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-7.51 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$2.56 Mil.

Wide Open Agriculture's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Wide Open Agriculture 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.


Wide Open Agriculture (ASX:WOA) Business Description

Traded in Other Exchanges
Address
1 Winton Street, Kewdale, WA, AUS, 6105
Wide Open Agriculture Ltd is an Australia-based regenerative food and agriculture company. The company is into the development of its farmland portfolio and its food brand, Dirty Clean Food, Buntine Protein, and Dirty Clean Food Oat Milk. The company generates the majority of its revenues from sales of Dirty Clean Food products.

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