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Bon Natural Life (Bon Natural Life) Interest Expense : $-0.24 Mil (TTM As of Sep. 2023)


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What is Bon Natural Life Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bon Natural Life's interest expense for the six months ended in Sep. 2023 was $ -0.06 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.24 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. Bon Natural Life's Operating Income for the six months ended in Sep. 2023 was $ 2.95 Mil. Bon Natural Life's Interest Expense for the six months ended in Sep. 2023 was $ -0.06 Mil. Bon Natural Life's Interest Coverage for the quarter that ended in Sep. 2023 was 49.12. 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.


Bon Natural Life Interest Expense Historical Data

The historical data trend for Bon Natural 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.

Bon Natural Life Interest Expense Chart

Bon Natural Life Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Interest Expense
Get a 7-Day Free Trial -0.33 -0.33 -0.42 -0.45 -0.24

Bon Natural Life Semi-Annual Data
Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.22 -0.28 -0.17 -0.18 -0.06

Bon Natural 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.24 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.


Bon Natural Life  (NAS:BON) 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.

Bon Natural Life's Interest Expense for the six months ended in Sep. 2023 was $-0.06 Mil. Its Operating Income for the six months ended in Sep. 2023 was $2.95 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was $0.96 Mil.

Bon Natural Life's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*2.947/-0.06
=49.12

* 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.


Bon Natural Life (Bon Natural Life) Business Description

Traded in Other Exchanges
N/A
Address
C601, Gazelle Valley, No.69 Jinye Road, Xi’an Hi-tech Zone, Xi’an, CHN, 710077
Bon Natural Life Ltd is engaged in the manufacturing of personal care ingredients, such as plant extracted fragrance compounds to perfume and fragrance manufacturers, natural health supplements such as powder drinks and bioactive food ingredient products mostly used as food additives and nutritional supplements. The company has its geographic presence in PRC and in Overseas.