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Wojas (WAR:WOJ) Interest Expense : zł-6.3 Mil (TTM As of Dec. 2023)


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What is Wojas Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wojas's interest expense for the three months ended in Dec. 2023 was zł -2.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was zł-6.3 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. Wojas's Operating Income for the three months ended in Dec. 2023 was zł 20.3 Mil. Wojas's Interest Expense for the three months ended in Dec. 2023 was zł -2.0 Mil. Wojas's Interest Coverage for the quarter that ended in Dec. 2023 was 10.24. 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.


Wojas Interest Expense Historical Data

The historical data trend for Wojas'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.

Wojas Interest Expense Chart

Wojas Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.23 -3.84 -3.74 -7.48 -8.35

Wojas Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 -1.96 -2.34 -2.00 -2.35 -1.98

Wojas 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was zł-6.3 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.


Wojas  (WAR:WOJ) 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.

Wojas's Interest Expense for the three months ended in Dec. 2023 was zł-2.0 Mil. Its Operating Income for the three months ended in Dec. 2023 was zł20.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was zł33.0 Mil.

Wojas's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*20.297/-1.982
=10.24

* 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.


Wojas (WAR:WOJ) Business Description

Traded in Other Exchanges
N/A
Address
ul. Ludzmierska 29, Nowy Targ, POL, 34-400
Wojas SA is engaged in designing, manufacturing, and marketing of leather shoes for kid, women, and men. The company produces footwear for men women, official men's footwear and special purpose footwear under different brands.

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