FAMI (Farmmi) Interest Expense : $-1.69 Mil (TTM As of Sep. 2024)

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What is Farmmi Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Farmmi's interest expense for the six months ended in Sep. 2024 was $ -0.37 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-1.69 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. Farmmi's Operating Income for the six months ended in Sep. 2024 was $ -0.12 Mil. Farmmi's Interest Expense for the six months ended in Sep. 2024 was $ -0.37 Mil. Farmmi 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.

Farmmi Interest Expense Historical Data

The historical data trend for Farmmi'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.

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Farmmi Interest Expense Chart

Farmmi Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Interest Expense

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-0.17

-0.07

-0.13

-0.65

-1.69

Farmmi Semi-Annual Data
	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Interest Expense	Get a 7-Day Free Trial														-0.01	-0.30	-0.35	-1.32	-0.37

Farmmi 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-1.69 Mil.

Farmmi (NAS:FAMI) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Farmmi's Interest Expense for the six months ended in Sep. 2024 was $-0.37 Mil. Its Operating Income for the six months ended in Sep. 2024 was $-0.12 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was $6.20 Mil.

Farmmi's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Farmmi did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Farmmi Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Farmmi Inc (NAS:FAMI) » Definitions » Interest Expense

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Address

888 Tianning Street, Floor 1, Building No. 1, Liandu District, Zhejiang Province, Lishui, CHN, 323000

Website

http://farmmi.com

Farmmi Inc is an investment holding company. Through its subsidiaries, it acts as a supplier of agricultural products. It is an agricultural technology enterprise focused on its supply chain platform by promoting edible mushroom products and agriculture technology. Its product offerings include tapioca, corn, red dates, shiitake mushrooms, mu er fungus, other edible fungi, and other agricultural products. Geographically, the company's products are sold in China, Southeast Asia, Japan, North America, Europe, and the Middle East under the Forasen and Farmmi brands.