Sanford (Sanford) Interest Expense : $-9.3 Mil (TTM As of Mar. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Sanford Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sanford's interest expense for the six months ended in Mar. 2024 was $ -6.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-9.3 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. Sanford's Operating Income for the six months ended in Mar. 2024 was $ 8.6 Mil. Sanford's Interest Expense for the six months ended in Mar. 2024 was $ -6.0 Mil. Sanford's Interest Coverage for the quarter that ended in Mar. 2024 was 1.44. 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.

Sanford Interest Expense Historical Data

The historical data trend for Sanford'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.

Sanford Interest Expense Chart

Sanford Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Expense

Get a 7-Day Free Trial

-5.43

-5.29

-5.60

-4.78

-7.08

Sanford Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Interest Expense	Get a 7-Day Free Trial															-3.07	-2.13	-3.96	-3.30	-5.96

Sanford 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 semi-annually data reported by the company within the most recent 12 months, which was $-9.3 Mil.

Sanford (OTCPK:SARDY) 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.

Sanford's Interest Expense for the six months ended in Mar. 2024 was $-6.0 Mil. Its Operating Income for the six months ended in Mar. 2024 was $8.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was $151.3 Mil.

Sanford'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	*	8.594	/	-5.964
	=	1.44

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

Sanford (Sanford) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sanford Ltd (OTCPK:SARDY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

SAN:New Zealand

Address

22 Jellicoe Street, Freemans Bay, Auckland, NTL, NZL, 1010

Website

https://www.sanford.co.nz

Sanford Ltd is a seafood company principally engaged in the fishing and aquaculture farming business. The activities of the company include farming, harvesting, processing, storage, and marketing of seafood products, and investments in related activities. The operating divisions of the group are Wildcatch and Aquaculture. Its Wildcatch segment involves catching and processing inshore and deepwater fish species whereas the Aquaculture segment involves farming, harvesting, and processing of mussels and salmon. Some of the company's seafood products include Antarctic toothfish, Arrow squid, Gemfish, Scampi, Snapper, King Salmon, Jack mackerel, Ling, and others. Geographically it derives the majority of its revenue from New Zealand.

Sanford (Sanford) Headlines

No Headlines