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Delta Galil Industries (Delta Galil Industries) Interest Expense : $-39 Mil (TTM As of Dec. 2023)


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What is Delta Galil Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Delta Galil Industries's interest expense for the three months ended in Dec. 2023 was $ -9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-39 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. Delta Galil Industries's Operating Income for the three months ended in Dec. 2023 was $ 53 Mil. Delta Galil Industries's Interest Expense for the three months ended in Dec. 2023 was $ -9 Mil. Delta Galil Industries's Interest Coverage for the quarter that ended in Dec. 2023 was 5.59. 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.


Delta Galil Industries Interest Expense Historical Data

The historical data trend for Delta Galil Industries'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.

Delta Galil Industries Interest Expense Chart

Delta Galil Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -37.52 -37.01 -34.34 -35.49 -38.74

Delta Galil Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.99 -10.58 -9.93 -8.79 -9.44

Delta Galil Industries 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 quarterly data reported by the company within the most recent 12 months, which was $-39 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.


Delta Galil Industries  (OTCPK:DELTF) 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.

Delta Galil Industries's Interest Expense for the three months ended in Dec. 2023 was $-9 Mil. Its Operating Income for the three months ended in Dec. 2023 was $53 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $442 Mil.

Delta Galil Industries's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*52.723/-9.438
=5.59

* 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.


Delta Galil Industries (Delta Galil Industries) Business Description

Traded in Other Exchanges
Address
45 Ha’eshel Street, Caesarea Industrial Zone, Caesarea, ISR, 30889
Delta Galil Industries Ltd designs and manufactures undergarments, socks, children's wear, leisurewear, and activewear. The company is engaged in the design, development, production, marketing, and sale of intimate apparel, socks, children's wear, leisurewear, and activewear, as well as in the development, design, marketing, distribution, and sale of branded products in the jeans and over wear clothing and ancillary products for women, in five business segments- Delta USA; Global Division Upper Market; Delta European Brands; Delta Premium Brands and Delta Israel.

Delta Galil Industries (Delta Galil Industries) Headlines

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