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Monde Nissin (PHS:MONDE) Interest Expense : ₱-714 Mil (TTM As of Mar. 2024)


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What is Monde Nissin Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Monde Nissin's interest expense for the three months ended in Mar. 2024 was ₱ -125 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₱-714 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. Monde Nissin's Operating Income for the three months ended in Mar. 2024 was ₱ 3,768 Mil. Monde Nissin's Interest Expense for the three months ended in Mar. 2024 was ₱ -125 Mil. Monde Nissin's Interest Coverage for the quarter that ended in Mar. 2024 was 30.23. 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.

Monde Nissin Interest Expense Historical Data

The historical data trend for Monde Nissin'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.

Monde Nissin Interest Expense Chart

Monde Nissin Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -2,723.68 -1,839.95 -1,414.30 -304.20 -636.10

Monde Nissin Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -151.46 -153.93 -149.59 -285.55 -124.67

Monde Nissin 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱-714 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.

Monde Nissin  (PHS:MONDE) 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.

Monde Nissin's Interest Expense for the three months ended in Mar. 2024 was ₱-125 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₱3,768 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₱4,432 Mil.

Monde Nissin's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*3768.26/-124.667
=30.23

* 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.

Monde Nissin (PHS:MONDE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Monde Nissin Corp (PHS:MONDE) » Definitions » Interest Expense
Comparable Companies
PHS:CNPF PHS:URC PHS:RFM PHS:AXLM PHS:LFM PHS:FRUIT PHS:FOOD PHS:MG PHS:FB XSWX:NESN KHC XPAR:BN GIS SHSE:603288 NSE:NESTLEIND SZSE:300999 SHSE:600887 TSE:2802 LSE:ABF BIMBOA
Traded in Other Exchanges
MNDDF:USA
Address
Felix Reyes Street, Barangay Balibago, Sta Rosa, LAG, PHL, 4026
Website
https://mondenissin.com
Monde Nissin Corp is engaged in the food manufacturing industry in the Philippines. Its portfolio comprises Asia-Pacific Branded Food and Beverage (APAC BFB) Business and Meat Alternative Business. The APAC BFB Business consists of three product groups: instant noodles, biscuits, and other products (such as beverages, baked goods, and culinary aids). Its Meat Alternative Business sells its products globally under Quorn Foods and the Quorn brand. Geographically the company operates in the Philippines, Thailand, New Zealand, Singapore, and the United Kingdom.

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