GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Southwest Iowa Renewable Energy LLC (GREY:SWIOU) » Definitions » Interest Expense

Southwest Iowa Renewable Energy LLC (Southwest Iowa Renewable Energy LLC) Interest Expense : $-1.67 Mil (TTM As of Mar. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Southwest Iowa Renewable Energy LLC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Southwest Iowa Renewable Energy LLC's interest expense for the three months ended in Mar. 2023 was $ -0.61 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2023 was $-1.67 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. Southwest Iowa Renewable Energy LLC's Operating Income for the three months ended in Mar. 2023 was $ -3.91 Mil. Southwest Iowa Renewable Energy LLC's Interest Expense for the three months ended in Mar. 2023 was $ -0.61 Mil. Southwest Iowa Renewable Energy LLC did not have earnings to cover the interest expense. 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.

Southwest Iowa Renewable Energy LLC Interest Expense Historical Data

The historical data trend for Southwest Iowa Renewable Energy LLC'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.

Southwest Iowa Renewable Energy LLC Interest Expense Chart

Southwest Iowa Renewable Energy LLC Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Interest Expense
Get a 7-Day Free Trial Premium Member Only -1.67 -1.00 -1.00 -2.03 -1.52

Southwest Iowa Renewable Energy LLC Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 Premium Member Only Premium Member Only -0.37 -0.42 -0.32 -0.33 -0.61

Southwest Iowa Renewable Energy LLC 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.67 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.

Southwest Iowa Renewable Energy LLC  (GREY:SWIOU) 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.

Southwest Iowa Renewable Energy LLC's Interest Expense for the three months ended in Mar. 2023 was $-0.61 Mil. Its Operating Income for the three months ended in Mar. 2023 was $-3.91 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2023 was $36.72 Mil.

Southwest Iowa Renewable Energy LLC's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Southwest Iowa Renewable Energy LLC did not have earnings to cover the interest expense.

* 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.

Southwest Iowa Renewable Energy LLC (Southwest Iowa Renewable Energy LLC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Southwest Iowa Renewable Energy LLC (GREY:SWIOU) » Definitions » Interest Expense
Comparable Companies
Traded in Other Exchanges
N/A
Address
10868 189th Street, Council Bluffs, IA, USA, 51503
Website
http://www.sireethanol.com
Southwest Iowa Renewable Energy LLC is into manufacturing and selling ethanol, distillers grains, corn oil, and carbon dioxide in the continental United States. It also sells dried distillers grains with solubles in the continental United States, Mexico, and the Pacific Rim. Its products are marketed and distributed through professional third-party marketers.

Southwest Iowa Renewable Energy LLC (Southwest Iowa Renewable Energy LLC) Headlines

No Headlines