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Unilever Nigeria (NSA:LEVBROS) Interest Expense : ₦-3,710 Mil (TTM As of Dec. 2023)


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What is Unilever Nigeria Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Unilever Nigeria's interest expense for the three months ended in Dec. 2023 was ₦ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₦-3,710 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. Unilever Nigeria's Operating Income for the three months ended in Dec. 2023 was ₦ 14,787 Mil. Unilever Nigeria's Interest Expense for the three months ended in Dec. 2023 was ₦ 0 Mil. GuruFocus does not calculate Unilever Nigeria's interest coverage with the available data. 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.


Unilever Nigeria Interest Expense Historical Data

The historical data trend for Unilever Nigeria'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.

Unilever Nigeria Interest Expense Chart

Unilever Nigeria Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -104.95 -58.64 -63.23 -784.84 -3,042.23

Unilever Nigeria Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 172.65 -208.00 -3,445.00 -57.00 -

Unilever Nigeria 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦-3,710 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.


Unilever Nigeria  (NSA:LEVBROS) 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.

Unilever Nigeria's Interest Expense for the three months ended in Dec. 2023 was ₦0 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₦14,787 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₦1,540 Mil.

Unilever Nigeria's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

GuruFocus does not calculate Unilever Nigeria's interest coverage with the available data.

* 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.


Unilever Nigeria (NSA:LEVBROS) Business Description

Traded in Other Exchanges
N/A
Address
1 Billings Way, Oregun, Ikeja, Lagos, NGA
Unilever Nigeria PLC is a Nigeria-based company principally engaged in the manufacturing and marketing of food products, and home care and personal care products. The company's manufacturing sites are located in the regions of Nigeria namely, Oregun, Lagos State, and Agbara, Ogun State. Its Home and Personal Care products include sales of fabric care, household cleaning, skincare, and oral care products. Its Food Products segment includes sales of tea and savory products. The company sells its products in Nigeria, and internationally of which key revenue is derived from sales made in Nigeria.

Unilever Nigeria (NSA:LEVBROS) Headlines

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