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Crookes Brothers (JSE:CKS) Interest Expense : R-44.1 Mil (TTM As of Sep. 2024)


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What is Crookes Brothers Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Crookes Brothers's interest expense for the six months ended in Sep. 2024 was R -20.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was R-44.1 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. Crookes Brothers's Operating Income for the six months ended in Sep. 2024 was R 94.5 Mil. Crookes Brothers's Interest Expense for the six months ended in Sep. 2024 was R -20.8 Mil. Crookes Brothers's Interest Coverage for the quarter that ended in Sep. 2024 was 4.55. 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.


Crookes Brothers Interest Expense Historical Data

The historical data trend for Crookes Brothers'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.

Crookes Brothers Interest Expense Chart

Crookes Brothers Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -44.29 -35.19 -26.00 -44.55 -52.33

Crookes Brothers Semi-Annual Data
Mar15 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 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 -16.74 -27.82 -28.99 -23.34 -20.76

Crookes Brothers 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 R-44.1 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.


Crookes Brothers  (JSE:CKS) 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.

Crookes Brothers's Interest Expense for the six months ended in Sep. 2024 was R-20.8 Mil. Its Operating Income for the six months ended in Sep. 2024 was R94.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was R263.1 Mil.

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

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*94.529/-20.76
=4.55

* 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.


Crookes Brothers Business Description

Traded in Other Exchanges
N/A
Address
Ridge 6, 20 Ncondo Place, 2nd Floor, Umhlanga Ridge, Durban, NL, ZAF, 4319
Crookes Brothers Ltd is involved in the production of primary agricultural products and long-term property development. The company's segments include Sugarcane, Deciduous fruit, Bananas, Macadamias, Property, and Bananas. Nearly half of the company's revenue comes from the Sugarcane segment. Its geographical segments include South Africa, eSwatini, Zambia, Mozambique, and Others, of which the majority of the revenue comes from South Africa.

Crookes Brothers Headlines

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