RFG Holdings (JSE:RFG) Interest Expense : R-99 Mil (TTM As of Sep. 2023)

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What is RFG Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. RFG Holdings's interest expense for the six months ended in Sep. 2023 was R -53 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was R-99 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. RFG Holdings's Operating Income for the six months ended in Sep. 2023 was R 411 Mil. RFG Holdings's Interest Expense for the six months ended in Sep. 2023 was R -53 Mil. RFG Holdings's Interest Coverage for the quarter that ended in Sep. 2023 was 7.73. 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.

RFG Holdings Interest Expense Historical Data

The historical data trend for RFG 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.

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RFG Holdings Interest Expense Chart

RFG Holdings Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Interest Expense

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-115.12

-117.98

-95.81

-73.14

-89.21

RFG Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Interest Expense	Get a 7-Day Free Trial															-37.92	-36.64	-52.58	-46.23	-53.13

RFG 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-99 Mil.

RFG Holdings (JSE:RFG) 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.

RFG Holdings's Interest Expense for the six months ended in Sep. 2023 was R-53 Mil. Its Operating Income for the six months ended in Sep. 2023 was R411 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was R362 Mil.

RFG Holdings's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2023 )	/	Interest Expense (Q: Sep. 2023 )
	=	-1	*	410.775	/	-53.13
	=	7.73

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

RFG Holdings (JSE:RFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » RFG Holdings Ltd (JSE:RFG) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

Pniel Road, Groot Drakenstein, Cape Town, WC, ZAF, 7680

Website

https://www.rfg.com

RFG Holdings Ltd is a South Africa based company engaged in supplying fresh, frozen, and convenience meal solutions. The product range offered by the company includes canned fruit, jam, vegetable and meat products, bottled salads, fruit juices and purees, fresh ready meals, pies, pastries, bakery, and dairy products. The business operates under two divisions namely, Long life foods and Fresh products. Long life foods division, which includes canned fruits and vegetables, jams, bottled salads, fruit juice, fruit purees, baby food, and canned meat, contributes majorly to the group's revenue. The company's reportable segments include, Regional which is the key revenue generating segment, and International.