AG Barr (LSE:BAG) Interest Expense : £-0.2 Mil (TTM As of Jan. 2024)

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What is AG Barr Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AG Barr's interest expense for the six months ended in Jan. 2024 was £ -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was £-0.2 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. AG Barr's Operating Income for the six months ended in Jan. 2024 was £ 22.9 Mil. AG Barr's Interest Expense for the six months ended in Jan. 2024 was £ -0.1 Mil. AG Barr's Interest Coverage for the quarter that ended in Jan. 2024 was 229.00. 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.

AG Barr Interest Expense Historical Data

The historical data trend for AG Barr'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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AG Barr Interest Expense Chart

AG Barr Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Interest Expense

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-0.60

-0.70

-0.40

-1.40

-0.20

AG Barr Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Interest Expense	Get a 7-Day Free Trial															-0.20	-0.70	-0.70	-0.10	-0.10

AG Barr 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 Jan. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.2 Mil.

AG Barr (LSE:BAG) 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.

AG Barr's Interest Expense for the six months ended in Jan. 2024 was £-0.1 Mil. Its Operating Income for the six months ended in Jan. 2024 was £22.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jan. 2024 was £3.1 Mil.

AG Barr's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jan. 2024 )	/	Interest Expense (Q: Jan. 2024 )
	=	-1	*	22.9	/	-0.1
	=	229.00

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. AG Barr PLC has enough cash to cover all of its debt. Its financial situation is stable.

AG Barr (LSE:BAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » AG Barr PLC (LSE:BAG) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

BAGl:UK AF72:Germany

Address

4 Mollins Road, Westfield House, Cumbernauld, GBR, G68 9HD

Website

https://www.agbarr.co.uk

AG Barr PLC manufacture, distribute and sell a range of beverages in the United Kingdom. It distributes its products to wholesalers and retailers. The company's brands include Irn-Bru, Rubicon, Strathmore, and Funkin. It operates in three business segments which include Soft drinks, Cocktail solutions, and others. The majority of sales come from the soft drinks segment, which includes two business units, Barr Soft Drinks, and Boost Drinks. Geographically it generates key revenue from the United Kingdom.

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