Zambeef Products (LUS:ZAMBEEF) Interest Expense : ZMW-119 Mil (TTM As of Sep. 2022)

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What is Zambeef Products Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Zambeef Products's interest expense for the six months ended in Sep. 2022 was ZMW -58 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2022 was ZMW-119 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. Zambeef Products's Operating Income for the six months ended in Sep. 2022 was ZMW 96 Mil. Zambeef Products's Interest Expense for the six months ended in Sep. 2022 was ZMW -58 Mil. Zambeef Products's Interest Coverage for the quarter that ended in Sep. 2022 was 1.65. 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.

Zambeef Products Interest Expense Historical Data

The historical data trend for Zambeef Products'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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Zambeef Products Interest Expense Chart

Zambeef Products Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Expense

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-88.83

-103.13

-116.92

-118.54

-134.43

Zambeef Products Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Sep23
Interest Expense	Get a 7-Day Free Trial															-48.52	-68.40	-60.71	-57.83	-

Zambeef Products 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. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was ZMW-119 Mil.

Zambeef Products (LUS:ZAMBEEF) 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.

Zambeef Products's Interest Expense for the six months ended in Sep. 2022 was ZMW-58 Mil. Its Operating Income for the six months ended in Sep. 2022 was ZMW96 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2022 was ZMW439 Mil.

Zambeef Products's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2022 )	/	Interest Expense (Q: Sep. 2022 )
	=	-1	*	95.511	/	-57.83
	=	1.65

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. Zambeef Products PLC interest coverage is 2.79, which is low.

Zambeef Products (LUS:ZAMBEEF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Zambeef Products PLC (LUS:ZAMBEEF) » Definitions » Interest Expense

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Traded in Other Exchanges

ZAM_GB:UK ZAM:UK

Address

Manda Road, Plot 4970, Industrial Area, Lusaka, ZMB

Website

https://www.zambeefplc.com

Zambeef Products PLC is a food retailer engaged in the production, processing, distribution, and retailing of beef, chicken, pork, milk, dairy products, eggs, stockfeed, and flour. The company also has row cropping operations of maize, soya beans, and wheat crops under irrigation. The company's reportable segment includes Retailing and cold chain food products and Cropping and milling. The majority of the revenue for the company is generated from its cropping and milling segment which is involved in selling of sells wheat, soya and maize grain as well as flour mill and bread.

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