ARKO (XTAE:ARKO) Interest Expense : ₪-349 Mil (TTM As of Mar. 2024)

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What is ARKO Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ARKO's interest expense for the three months ended in Mar. 2024 was ₪ -90 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₪-349 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. ARKO's Operating Income for the three months ended in Mar. 2024 was ₪ -18 Mil. ARKO's Interest Expense for the three months ended in Mar. 2024 was ₪ -90 Mil. ARKO 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.

ARKO Interest Expense Historical Data

The historical data trend for ARKO'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.

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ARKO Interest Expense Chart

ARKO Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-158.31

-189.08

-271.56

-229.01

-334.88

ARKO Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial														-76.16	-82.66	-87.64	-88.84	-89.55

ARKO 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 quarterly data reported by the company within the most recent 12 months, which was ₪-349 Mil.

ARKO (XTAE:ARKO) 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.

ARKO's Interest Expense for the three months ended in Mar. 2024 was ₪-90 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₪-18 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₪8,995 Mil.

ARKO's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

ARKO did not have earnings to cover the interest expense.

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

ARKO (XTAE:ARKO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » ARKO Corp (XTAE:ARKO) » Definitions » Interest Expense

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ARKO:USA

Address

8565 Magellan Parkway, Suite 400, Richmond, VA, USA, 23227-1150

Website

https://www.arkocorp.com

ARKO Corp operates as a holding company. The company, through its subsidiaries, owns and operates convenience stores in the United States. Some of its regional store brands include Stop, Admiral, Apple Market, BreadBox, E-Z Mart, fas mart, Li'l Cricket, and Next Door Store. Its retail store offers hot food service, beverages, cigarettes & other tobacco products, candy, salty snacks, grocery, beer, and general merchandise. ARKO operates in four segments: Retail segment, Wholesale segment, fleet fueling segment, and GPM Petroleum segment. The company derives the majority of its revenue from retail and wholesale distribution of fuel.