Dangote Sugar Refinery (NSA:DSRP) Interest Expense : ₦-280 Mil (TTM As of Dec. 2023)

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What is Dangote Sugar Refinery Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Dangote Sugar Refinery's interest expense for the six months ended in Dec. 2023 was ₦ -280 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₦-280 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. Dangote Sugar Refinery's Operating Income for the six months ended in Dec. 2023 was ₦ 73,458 Mil. Dangote Sugar Refinery's Interest Expense for the six months ended in Dec. 2023 was ₦ -280 Mil. Dangote Sugar Refinery's Interest Coverage for the quarter that ended in Dec. 2023 was 262.58. 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.

Dangote Sugar Refinery Interest Expense Historical Data

The historical data trend for Dangote Sugar Refinery'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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Dangote Sugar Refinery Interest Expense Chart

Dangote Sugar Refinery Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-454.45

-340.05

-320.81

-242.44

-279.76

Dangote Sugar Refinery Semi-Annual Data
	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Interest Expense	Get a 7-Day Free Trial											-454.45	-340.05	-320.81	-242.44	-279.76

Dangote Sugar Refinery Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₦-280 Mil.

Dangote Sugar Refinery (NSA:DSRP) 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.

Dangote Sugar Refinery's Interest Expense for the six months ended in Dec. 2023 was ₦-280 Mil. Its Operating Income for the six months ended in Dec. 2023 was ₦73,458 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was ₦330 Mil.

Dangote Sugar Refinery's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	73458.39	/	-279.756
	=	262.58

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

Dangote Sugar Refinery Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Dangote Sugar Refinery PLC (NSA:DSRP) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Terminal E, Shed 20, 3rd Floor, GDNL Administrative Building, NPA Wharf Port Complex, Apapa, Lagos, NGA

Website

https://sugar.dangote.com

Dangote Sugar Refinery PLC is engaged in refining raw sugar to produce fortified and non-fortified granulated white sugar. The Company distributes refined white sugar to consumers and industrial customers in Nigeria. The company is also engaged in the cultivation and milling of sugar cane to finished sugar. Its geographical segments include Northern Nigeria, Western Nigeria, Eastern Nigeria, and Lagos. The company derives a majority of its revenue from the Lagos Nigeria region.

Dangote Sugar Refinery Headlines

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