Colonial Motor Co (NZSE:CMO) Interest Expense : NZ$-16 Mil (TTM As of Dec. 2024)

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What is Colonial Motor Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Colonial Motor Co's interest expense for the six months ended in Dec. 2024 was NZ$ -8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was NZ$-16 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. Colonial Motor Co's Operating Income for the six months ended in Dec. 2024 was NZ$ 18 Mil. Colonial Motor Co's Interest Expense for the six months ended in Dec. 2024 was NZ$ -8 Mil. Colonial Motor Co's Interest Coverage for the quarter that ended in Dec. 2024 was 2.30. 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.

Colonial Motor Co Interest Expense Historical Data

The historical data trend for Colonial Motor Co'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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Colonial Motor Co Interest Expense Chart

Colonial Motor Co Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Interest Expense

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-4.60

-3.03

-4.40

-9.25

-15.49

Colonial Motor Co Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial															-3.64	-5.62	-7.07	-8.43	-7.86

Colonial Motor Co 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was NZ$-16 Mil.

Colonial Motor Co (NZSE:CMO) 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.

Colonial Motor Co's Interest Expense for the six months ended in Dec. 2024 was NZ$-8 Mil. Its Operating Income for the six months ended in Dec. 2024 was NZ$18 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was NZ$20 Mil.

Colonial Motor Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	18.046	/	-7.86
	=	2.30

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

Colonial Motor Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Colonial Motor Co Ltd (NZSE:CMO) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

57 Courtenay Place, Level 6, PO Box 6159, Wellington, NZL, 6141

Website

https://www.colmotor.co.nz

Colonial Motor Co Ltd is a New Zealand based company engaged in the principal activity of operating franchised motor vehicle dealerships. It owns motor vehicle dealerships throughout the country and has dealerships selling heavy trucks and tractors. The company has many dealerships and has a primary focus on Ford. Also, the company provides administrative and financial services to the subsidiaries as well as leasing them at market rates for many of the properties. Substantial revenue is generated from the sale of goods.