Rav Bariach (08) Industries (XTAE:BRIH) Interest Expense : ₪-26.2 Mil (TTM As of Dec. 2023)

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What is Rav Bariach (08) Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Rav Bariach (08) Industries's interest expense for the three months ended in Dec. 2023 was ₪ -4.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₪-26.2 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. Rav Bariach (08) Industries's Operating Income for the three months ended in Dec. 2023 was ₪ 8.1 Mil. Rav Bariach (08) Industries's Interest Expense for the three months ended in Dec. 2023 was ₪ -4.3 Mil. Rav Bariach (08) Industries's Interest Coverage for the quarter that ended in Dec. 2023 was 1.86. 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.

Rav Bariach (08) Industries Interest Expense Historical Data

The historical data trend for Rav Bariach (08) Industries'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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Rav Bariach (08) Industries Interest Expense Chart

Rav Bariach (08) Industries Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-6.48

-6.33

-9.36

-16.30

-26.22

Rav Bariach (08) Industries Quarterly Data
	Dec18	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial												-1.16	-9.68	-5.54	-6.67	-4.34

Rav Bariach (08) Industries 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 ₪-26.2 Mil.

Rav Bariach (08) Industries (XTAE:BRIH) 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.

Rav Bariach (08) Industries's Interest Expense for the three months ended in Dec. 2023 was ₪-4.3 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₪8.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₪317.2 Mil.

Rav Bariach (08) Industries'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	*	8.062	/	-4.344
	=	1.86

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Rav Bariach (08) Industries Ltd interest coverage is 1.48, which is low.

Rav Bariach (08) Industries (XTAE:BRIH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Rav Bariach (08) Industries Ltd (XTAE:BRIH) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Southern Industrial Zone, POB 3032, Ashkelon, ISR

Website

http://www.rb-doors.com

Rav Bariach (08) Industries Ltd operates in the door industry. The company is engaged in the production and marketing of products in the field of construction - doors, protection, protection, locking, and lockers.

Rav Bariach (08) Industries (XTAE:BRIH) Headlines

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