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Vegetable Oil Industries Co (XPAE:VOIC) Interest Expense : JOD-1.08 Mil (TTM As of Dec. 2023)


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What is Vegetable Oil Industries Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vegetable Oil Industries Co's interest expense for the three months ended in Dec. 2023 was JOD -0.22 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was JOD-1.08 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. Vegetable Oil Industries Co's Operating Income for the three months ended in Dec. 2023 was JOD -0.12 Mil. Vegetable Oil Industries Co's Interest Expense for the three months ended in Dec. 2023 was JOD -0.22 Mil. Vegetable Oil Industries Co 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.

Vegetable Oil Industries Co Interest Expense Historical Data

The historical data trend for Vegetable Oil Industries Co'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.

Vegetable Oil Industries Co Interest Expense Chart

Vegetable Oil Industries Co 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 -0.56 -0.43 -0.67 -0.96 -1.08

Vegetable Oil Industries Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 -0.27 -0.30 -0.28 -0.29 -0.22

Vegetable Oil Industries Co 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 JOD-1.08 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.

Vegetable Oil Industries Co  (XPAE:VOIC) 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.

Vegetable Oil Industries Co's Interest Expense for the three months ended in Dec. 2023 was JOD-0.22 Mil. Its Operating Income for the three months ended in Dec. 2023 was JOD-0.12 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was JOD5.48 Mil.

Vegetable Oil Industries Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Vegetable Oil Industries Co 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.

Vegetable Oil Industries Co (XPAE:VOIC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Vegetable Oil Industries Co Ltd (XPAE:VOIC) » Definitions » Interest Expense
Comparable Companies
XPAE:GMC XSWX:NESN KHC GIS XPAR:BN SHSE:603288 NSE:NESTLEIND SZSE:300999 SHSE:600887 TSE:2802 LSE:ABF BIMBOA HRL K MKC SGX:F34 SAU:2280 DUB:KRZ HKSE:02319 XAMS:JDEP
Traded in Other Exchanges
N/A
Address
Al-Zoyoot Street, Eastern Industrial Zone, P.O. Box 95, Nablus, PSE
Website
https://www.voic.ps
Vegetable Oil Industries Co Ltd is engaged in the production of oil and ghee. The company produces two categories of products from Palm, Coconut, Corn, Soybean and Sunflower Oils namely: Vegetable Ghee and Shortening and Liquid Vegetable Oils. Its products include Al Ghazalein Oil, Al Aseel, Al Mumtaz, Al Kawakeb Ghee, Nabateen Ghee, Gazal Ghee, and Reem Oil.

Vegetable Oil Industries Co (XPAE:VOIC) Headlines

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