Chemical And Allied Products (NSA:CAPP) Interest Expense : ₦-265 Mil (TTM As of Mar. 2024)

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What is Chemical And Allied Products Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Chemical And Allied Products's interest expense for the three months ended in Mar. 2024 was ₦ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₦-265 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. Chemical And Allied Products's Operating Income for the three months ended in Mar. 2024 was ₦ 1,049 Mil. Chemical And Allied Products's Interest Expense for the three months ended in Mar. 2024 was ₦ -0 Mil. Chemical And Allied Products's Interest Coverage for the quarter that ended in Mar. 2024 was 2,889.93. 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.

Chemical And Allied Products Interest Expense Historical Data

The historical data trend for Chemical And Allied 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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Chemical And Allied Products Interest Expense Chart

Chemical And Allied Products Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.87

-1.31

-7.61

-33.55

-155.35

Chemical And Allied Products Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-22.50	-90.79	-23.11	-150.38	-0.36

Chemical And Allied 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦-265 Mil.

Chemical And Allied Products (NSA:CAPP) 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.

Chemical And Allied Products's Interest Expense for the three months ended in Mar. 2024 was ₦-0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₦1,049 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₦8 Mil.

Chemical And Allied Products's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	1049.043	/	-0.363
	=	2,889.93

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

Chemical And Allied Products (NSA:CAPP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Chemical And Allied Products PLC (NSA:CAPP) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

2, Adeniyi Jones Avenue, P.M.B, Ikeja, Lagos, NGA, 21072

Website

https://www.capplc.com

Chemical And Allied Products PLC operate in the paints and coatings business. It is a manufacturer of the Dulux premium brand of paints and the technological licensee of AkzoNobel. Its product portfolio comprises Dulux Trade, Dulux Decorative, Sandtex, Technical Data Sheets, Caplux, and Metalcare. Geographically, it derives the majority of its revenue from Nigeria and from the sale of paint products.

Chemical And Allied Products (NSA:CAPP) Headlines

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