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Eveready East Africa (NAI:EVRD) Interest Expense : KES-0.78 Mil (TTM As of Sep. 2023)


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What is Eveready East Africa Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Eveready East Africa's interest expense for the six months ended in Sep. 2023 was KES 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was KES-0.78 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. Eveready East Africa's Operating Income for the six months ended in Sep. 2023 was KES -26.33 Mil. Eveready East Africa's Interest Expense for the six months ended in Sep. 2023 was KES 0.00 Mil. Eveready East Africa has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Eveready East Africa Interest Expense Historical Data

The historical data trend for Eveready East Africa'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.

Eveready East Africa Interest Expense Chart

Eveready East Africa Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.89 -2.93 -3.38 -4.16 -0.78

Eveready East Africa 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 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 -1.96 -2.13 -2.03 -0.78 -

Eveready East Africa 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 KES-0.78 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.


Eveready East Africa  (NAI:EVRD) 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.

Eveready East Africa's Interest Expense for the six months ended in Sep. 2023 was KES0.00 Mil. Its Operating Income for the six months ended in Sep. 2023 was KES-26.33 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was KES0.00 Mil.

Eveready East Africa's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Eveready East Africa had no long-term debt (1).

* 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.


Eveready East Africa (NAI:EVRD) Business Description

Traded in Other Exchanges
N/A
Address
Mombasa Road, P.O. Box 30429, Sameer Industrial Park, Nairobi, KEN, 00100
Eveready East Africa PLC is Kenya-based firm. The company is mainly engaged in the production, distribution, and sales of portable power solutions. Its product portfolio is divided into three categories namely, Automotive comprises offree car batteries, battery water, and battery acid; Fabric comprises of Clorox and cleaning products; and Household dry cell batteries. The company offers its products under the brand name, TURBO, EVERCLEAN.

Eveready East Africa (NAI:EVRD) Headlines

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