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Dipulaome Fund (JSE:DIB) Interest Expense : R-351 Mil (TTM As of Feb. 2024)


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What is Dipulaome Fund Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Dipulaome Fund's interest expense for the six months ended in Feb. 2024 was R -168 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was R-351 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. Dipulaome Fund's Operating Income for the six months ended in Feb. 2024 was R 452 Mil. Dipulaome Fund's Interest Expense for the six months ended in Feb. 2024 was R -168 Mil. Dipulaome Fund's Interest Coverage for the quarter that ended in Feb. 2024 was 2.70. 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.


Dipulaome Fund Interest Expense Historical Data

The historical data trend for Dipulaome Fund'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.

Dipulaome Fund Interest Expense Chart

Dipulaome Fund Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -331.00 -331.30 -294.52 -286.04 -340.39

Dipulaome Fund Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 -143.80 -142.24 -157.28 -183.10 -167.58

Dipulaome Fund 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-351 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.


Dipulaome Fund  (JSE:DIB) 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.

Dipulaome Fund's Interest Expense for the six months ended in Feb. 2024 was R-168 Mil. Its Operating Income for the six months ended in Feb. 2024 was R452 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Feb. 2024 was R3,802 Mil.

Dipulaome Fund'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*452.276/-167.575
=2.70

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Dipula Income Fund Ltd interest coverage is 2.53, which is low.


Dipulaome Fund Business Description

Traded in Other Exchanges
N/A
Address
16 Baker Street, 12th Floor, Firestation Rosebank, Rosebank, Johannesburg, GT, ZAF, 2196
Dipula Income Fund Ltd is a South Africa-based real estate investment trust. It owns a diversified portfolio of investments in different sectors in all nine provinces of South Africa. Its segments include Retail, Offices, Industrial, Land, Residential, and Corporate. A substantial part of the company's overall revenue is derived from its Retail segment. The majority of its properties are in Gauteng.

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