Golden Agri-Resources (Golden Agri-Resources) Interest Expense : $-220 Mil (TTM As of Dec. 2023)

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What is Golden Agri-Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Golden Agri-Resources's interest expense for the six months ended in Dec. 2023 was $ -117 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-220 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. Golden Agri-Resources's Operating Income for the six months ended in Dec. 2023 was $ 273 Mil. Golden Agri-Resources's Interest Expense for the six months ended in Dec. 2023 was $ -117 Mil. Golden Agri-Resources's Interest Coverage for the quarter that ended in Dec. 2023 was 2.33. 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.

Golden Agri-Resources Interest Expense Historical Data

The historical data trend for Golden Agri-Resources'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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Golden Agri-Resources Interest Expense Chart

Golden Agri-Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-164.53

-138.38

-160.92

-182.49

-220.43

Golden Agri-Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-78.40	-84.24	-98.25	-102.95	-117.48

Golden Agri-Resources 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 $-220 Mil.

Golden Agri-Resources (OTCPK:GARPY) 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.

Golden Agri-Resources's Interest Expense for the six months ended in Dec. 2023 was $-117 Mil. Its Operating Income for the six months ended in Dec. 2023 was $273 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $1,395 Mil.

Golden Agri-Resources'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	*	273.248	/	-117.475
	=	2.33

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

Golden Agri-Resources (Golden Agri-Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Golden Agri-Resources Ltd (OTCPK:GARPY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

GARPF:USA E5H:Singapore 4G3A:Germany

Address

C/o IQ EQ Corporate Services (Mauritius) Ltd, 33 Edith Cavell Street, Port Louis, MUS, 11324

Website

https://www.goldenagri.com.sg

Golden Agri-Resources Ltd is an integrated palm oil plantation company. It operates through two segments: Plantations and palm oil mills, and Palm, laurics, and others. The plantation and palm oil mills segment comprises the products from the upstream business. The Palm, laurics and others comprise the processing and merchandising of palm and oilseed-based products i.e. bulk, branded, oleo-chemicals and other vegetable oils. The majority of the revenue is generated from the Palm, laurics and other segments. The company generates the majority of its revenue from the Rest of Asia.