New Zealand Kinglmon Investments (New Zealand Kinglmon Investments) Interest Expense : $-0.1 Mil (TTM As of Jan. 2024)

View and export this data going back to 2019. Start your Free Trial

What is New Zealand Kinglmon Investments Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. New Zealand Kinglmon Investments's interest expense for the six months ended in Jan. 2024 was $ -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was $-0.1 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. New Zealand Kinglmon Investments's Operating Income for the six months ended in Jan. 2024 was $ 12.8 Mil. New Zealand Kinglmon Investments's Interest Expense for the six months ended in Jan. 2024 was $ -0.0 Mil. New Zealand Kinglmon Investments's Interest Coverage for the quarter that ended in Jan. 2024 was 12,774.00. 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.

New Zealand Kinglmon Investments Interest Expense Historical Data

The historical data trend for New Zealand Kinglmon Investments'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.

New Zealand Kinglmon Investments Interest Expense Chart

New Zealand Kinglmon Investments Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jan22

Jan23

Jan24

Interest Expense

Get a 7-Day Free Trial

-0.78

-1.02

-1.61

-0.83

-0.11

New Zealand Kinglmon Investments Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Jan22	Jul22	Jan23	Jul23	Jan24
Interest Expense	Get a 7-Day Free Trial										-0.81	-0.79	-0.01	-0.11	-

New Zealand Kinglmon Investments 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 Jan. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.1 Mil.

New Zealand Kinglmon Investments (OTCPK:NZKSF) 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.

New Zealand Kinglmon Investments's Interest Expense for the six months ended in Jan. 2024 was $-0.0 Mil. Its Operating Income for the six months ended in Jan. 2024 was $12.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jan. 2024 was $4.9 Mil.

New Zealand Kinglmon Investments's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jan. 2024 )	/	Interest Expense (Q: Jan. 2024 )
	=	-1	*	12.774	/	-0.001
	=	12,774.00

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. New Zealand King Salmon Investments Ltd has enough cash to cover all of its debt. Its financial situation is stable.

New Zealand Kinglmon Investments (New Zealand Kinglmon Investments) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » New Zealand King Salmon Investments Ltd (OTCPK:NZKSF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

NZK:New Zealand NZK:Australia

Address

17 Bullen Street, Tahunanui, Nelson, STL, NZL, 7011

Website

https://www.kingsalmon.co.nz

New Zealand King Salmon Investments Ltd is engaged in the farming, processing, and sale of salmon products. Its brands include Regal, Southern Ocean, Omega Plus, Ora King, and King Salmon. Its product range includes Whole fish; Fillets, Steaks & Portions; Wood Roasted; Cold Smoked; and Others. The company's geographical area of revenue are North America, Australia, Japan, China, Europe, Others and majority being from New Zealand.

New Zealand Kinglmon Investments (New Zealand Kinglmon Investments) Headlines

From GuruFocus

Full Year 2023 New Zealand King Salmon Investments Ltd Earnings Call Transcript

By GuruFocus Research • 03-27-2024