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PALM CI (XBRV:PALC) Interest Expense : XOF-1,297 Mil (TTM As of Dec. 2023)


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What is PALM CI Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PALM CI's interest expense for the six months ended in Dec. 2023 was XOF -1,297 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was XOF-1,297 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. PALM CI's Operating Income for the six months ended in Dec. 2023 was XOF 28,551 Mil. PALM CI's Interest Expense for the six months ended in Dec. 2023 was XOF -1,297 Mil. PALM CI's Interest Coverage for the quarter that ended in Dec. 2023 was 22.01. 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.

PALM CI Interest Expense Historical Data

The historical data trend for PALM CI'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.

PALM CI Interest Expense Chart

PALM CI 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 -1,564.05 -2,003.00 -1,835.31 -885.91 -1,296.99

PALM CI Semi-Annual Data
Dec09 Dec10 Dec11 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 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 -1,564.05 -2,003.00 -1,835.31 -885.91 -1,296.99

PALM CI Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 was XOF-1,297 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.

PALM CI  (XBRV:PALC) 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.

PALM CI's Interest Expense for the six months ended in Dec. 2023 was XOF-1,297 Mil. Its Operating Income for the six months ended in Dec. 2023 was XOF28,551 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was XOF6,649 Mil.

PALM CI'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*28551.224/-1296.988
=22.01

* 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.

PALM CI Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PALM CI (XBRV:PALC) » Definitions » Interest Expense
Comparable Companies
SZSE:002714 ADM TSN SZSE:300498 BG OSL:MOWI SFD OSL:SALM SZSE:000876 BKK:CPF CALM ISX:CPIN XKLS:7084 XKLS:4065 SHSE:600598 SZSE:002157 SZSE:300972 SHSE:600095 XKLS:2089 XPAR:LOUP
Traded in Other Exchanges
N/A
Address
Siege Abidjan, boulevard du Havre, Abidjan, CIV
Website
https://www.palmafrique.com
PALM CI produces and markets crude palm oil. It also cultivates palm plants.