Afine Investments (JSE:ANI) Interest Expense : R-12.11 Mil (TTM As of Feb. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Afine Investments Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Afine Investments's interest expense for the six months ended in Feb. 2024 was R -6.72 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was R-12.11 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. Afine Investments's Operating Income for the six months ended in Feb. 2024 was R 18.77 Mil. Afine Investments's Interest Expense for the six months ended in Feb. 2024 was R -6.72 Mil. Afine Investments's Interest Coverage for the quarter that ended in Feb. 2024 was 2.79. 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.

Afine Investments Interest Expense Historical Data

The historical data trend for Afine Investments'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.

Afine Investments Interest Expense Chart

Afine Investments Annual Data

Trend

Feb21

Feb22

Feb23

Feb24

Interest Expense

-5.06

-10.01

-12.11

Afine Investments Semi-Annual Data
	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Interest Expense	Get a 7-Day Free Trial			-2.88	-4.86	-5.16	-5.39	-6.72

Afine Investments 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 Feb. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-12.11 Mil.

Afine Investments (JSE:ANI) 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.

Afine Investments's Interest Expense for the six months ended in Feb. 2024 was R-6.72 Mil. Its Operating Income for the six months ended in Feb. 2024 was R18.77 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Feb. 2024 was R95.18 Mil.

Afine Investments's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Feb. 2024 )	/	Interest Expense (Q: Feb. 2024 )
	=	-1	*	18.774	/	-6.72
	=	2.79

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

Afine Investments (JSE:ANI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Afine Investments Ltd (JSE:ANI) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 4602, Greenways, Strand, Western Cape, ZAF, 7140

Website

https://www.afineinvestments.com

Afine Investments Ltd is a specialized commercial real estate. It holds a portfolio of income-generating immovable properties focused mainly on the petroleum sector. geographically company operates in Gauteng and North-West, Mpumalanga, and Western Cape Segment. Out of these geographical segment majority of revenue is generated from Gauteng and North-West.

Afine Investments (JSE:ANI) Headlines

No Headlines