Nampak (JSE:NPK) Interest Expense : R-919 Mil (TTM As of Sep. 2024)

View and export this data going back to 1969. Start your Free Trial

What is Nampak Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nampak's interest expense for the six months ended in Sep. 2024 was R -454 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was R-919 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. Nampak's Operating Income for the six months ended in Sep. 2024 was R 236 Mil. Nampak's Interest Expense for the six months ended in Sep. 2024 was R -454 Mil. Nampak's Interest Coverage for the quarter that ended in Sep. 2024 was 0.52. 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.

Nampak Interest Expense Historical Data

The historical data trend for Nampak'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.

Nampak Interest Expense Chart

Nampak Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Interest Expense

Get a 7-Day Free Trial

-524.10

-501.80

-602.40

-909.00

-919.40

Nampak 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															-318.40	-414.00	-495.00	-465.60	-453.80

Nampak 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-919 Mil.

Nampak (JSE:NPK) 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.

Nampak's Interest Expense for the six months ended in Sep. 2024 was R-454 Mil. Its Operating Income for the six months ended in Sep. 2024 was R236 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was R5,795 Mil.

Nampak'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	*	236.1	/	-453.8
	=	0.52

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. Nampak Ltd interest coverage is 1.34, which is low.

Nampak Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Nampak Ltd (JSE:NPK) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Georgian Crescent East, Nampak House, Hampton Office Park, Bryanston, Sandton, Johannesburg, GT, ZAF, 2191

Website

https://www.nampak.com

Nampak Ltd offers packaging products across metal, plastic and paper substrates and is Africa's diversified packaging manufacturer. The company operates into three segments: Metals, Plastic and Paper, out of which maximum revenue is generated from Metal segment. The majority of revenue comes from South Africa.