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Afristrat Investment Holdings (JSE:ATI) Interest Expense : R-9.39 Mil (TTM As of Sep. 2021)


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What is Afristrat Investment Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Afristrat Investment Holdings's interest expense for the six months ended in Sep. 2021 was R -41.60 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2021 was R-9.39 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. Afristrat Investment Holdings's Operating Income for the six months ended in Sep. 2021 was R -10.35 Mil. Afristrat Investment Holdings's Interest Expense for the six months ended in Sep. 2021 was R -41.60 Mil. Afristrat Investment Holdings 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.


Afristrat Investment Holdings Interest Expense Historical Data

The historical data trend for Afristrat Investment Holdings'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.

Afristrat Investment Holdings Interest Expense Chart

Afristrat Investment Holdings Annual Data
Trend Jun09 Jun10 Sep11 Dec12 Dec13 Dec14 Dec15 Mar18 Jun19 Mar21
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.22 -24.77 -192.99 -286.40 -8.57

Afristrat Investment Holdings Semi-Annual Data
Jun05 Jun06 Jun08 Jun09 Jun10 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Sep17 Mar18 Dec18 Jun19 Dec19 Sep20 Mar21 Sep21
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 -124.82 -211.02 -40.78 32.21 -41.60

Afristrat Investment Holdings 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. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-9.39 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.


Afristrat Investment Holdings  (JSE:ATI) 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.

Afristrat Investment Holdings's Interest Expense for the six months ended in Sep. 2021 was R-41.60 Mil. Its Operating Income for the six months ended in Sep. 2021 was R-10.35 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2021 was R785.16 Mil.

Afristrat Investment Holdings's Interest Coverage for the quarter that ended in Sep. 2021 is calculated as

Afristrat Investment Holdings did not have earnings to cover the interest expense.

* 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.


Afristrat Investment Holdings (JSE:ATI) Business Description

Traded in Other Exchanges
N/A
Address
43 Garsfontein Road, 1st Floor, The Wedge, Waterkloof, ZAF, 0145
Afristrat Investment Holdings Ltd is engaged in providing accounting services, taxation services, business consultancy services, digital marketing and funding services, and other strategic services.

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