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Nufarm (Nufarm) Interest Expense : $-53 Mil (TTM As of Sep. 2023)


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What is Nufarm Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nufarm's interest expense for the six months ended in Sep. 2023 was $ -33 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-53 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. Nufarm's Operating Income for the six months ended in Sep. 2023 was $ -62 Mil. Nufarm's Interest Expense for the six months ended in Sep. 2023 was $ -33 Mil. Nufarm did not have earnings to cover the interest expense. 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.

Nufarm Interest Expense Historical Data

The historical data trend for Nufarm'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.

Nufarm Interest Expense Chart

Nufarm Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Sep21 Sep22 Sep23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -80.42 -64.63 -40.56 -50.07 -52.33

Nufarm Semi-Annual Data
Jul13 Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 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 -21.70 -37.71 -15.96 -20.23 -32.85

Nufarm 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 $-53 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.

Nufarm  (OTCPK:NUFMF) 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.

Nufarm's Interest Expense for the six months ended in Sep. 2023 was $-33 Mil. Its Operating Income for the six months ended in Sep. 2023 was $-62 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was $780 Mil.

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

Nufarm did not have earnings to cover the interest expense.

* 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.

Nufarm (Nufarm) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Nufarm Ltd (OTCPK:NUFMF) » Definitions » Interest Expense
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Traded in Other Exchanges
NUF:Australia
Address
103-105 Pipe Road, Laverton North, Melbourne, VIC, AUS, 3026
Website
https://www.nufarm.com
Nufarm Limited is a global crop-protection company that develops, manufactures, and sells a range of crop-protection products, including herbicides, insecticides, and fungicides. Nufarm sells its products in most of the world's major agricultural regions, and operates primarily in the off-patent segment of the crop-protection market. Nufarm operates along two business lines: crop protection and seed technologies.