Ginebran Miguel (PHS:GSMI) Interest Expense : ₱-47 Mil (TTM As of Sep. 2024)

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What is Ginebran Miguel Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ginebran Miguel's interest expense for the three months ended in Sep. 2024 was ₱ -18 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₱-47 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. Ginebran Miguel's Operating Income for the three months ended in Sep. 2024 was ₱ 1,925 Mil. Ginebran Miguel's Interest Expense for the three months ended in Sep. 2024 was ₱ -18 Mil. Ginebran Miguel's Interest Coverage for the quarter that ended in Sep. 2024 was 108.54. 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.

Ginebran Miguel Interest Expense Historical Data

The historical data trend for Ginebran Miguel'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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Ginebran Miguel Interest Expense Chart

Ginebran Miguel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-161.89

-106.04

-41.52

-45.76

-46.05

Ginebran Miguel Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-17.36	5.77	-20.14	-14.74	-17.74

Ginebran Miguel 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱-47 Mil.

Ginebran Miguel (PHS:GSMI) 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.

Ginebran Miguel's Interest Expense for the three months ended in Sep. 2024 was ₱-18 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₱1,925 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₱38 Mil.

Ginebran Miguel's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	1925.144	/	-17.737
	=	108.54

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. Ginebra San Miguel Inc has enough cash to cover all of its debt. Its financial situation is stable.

Ginebran Miguel Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Ginebra San Miguel Inc (PHS:GSMI) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

St. Francis Street, Ortigas Center, 3rd and 6th Floors, San Miguel Properties Centre, Mandaluyong, PHL, 1550

Website

https://www.ginebrasanmiguel.com

Ginebra San Miguel Inc manufactures and sells alcoholic beverages in the Philippines. It offers alcoholic beverages, under the following brand names; Ginebra San Miguel gin, GSM Blue, GSM Blue Flavors, Ginebra San Miguel Premium Gin, Antonov Vodka, Primera Light Brandy, Vino Kulafu, and Antonov vodka.

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