Ralco Agencies (XTAE:RLCO) Interest Expense : ₪-4.2 Mil (TTM As of Dec. 2023)

View and export this data going back to 2002. Start your Free Trial

What is Ralco Agencies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ralco Agencies's interest expense for the three months ended in Dec. 2023 was ₪ 3.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₪-4.2 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. Ralco Agencies's Operating Income for the three months ended in Dec. 2023 was ₪ 15.7 Mil. Ralco Agencies's Interest Expense for the three months ended in Dec. 2023 was ₪ 3.1 Mil. Ralco Agencies 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.

Ralco Agencies Interest Expense Historical Data

The historical data trend for Ralco Agencies'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.

Ralco Agencies Interest Expense Chart

Ralco Agencies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-3.16

-3.18

-4.37

-4.03

-4.23

Ralco Agencies Quarterly Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															2.17	-1.93	-3.24	-2.17	3.11

Ralco Agencies 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 ₪-4.2 Mil.

Ralco Agencies (XTAE:RLCO) 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.

Ralco Agencies's Interest Expense for the three months ended in Dec. 2023 was ₪3.1 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₪15.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₪1.8 Mil.

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

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

Ralco Agencies (XTAE:RLCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ralco Agencies Ltd (XTAE:RLCO) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

31 Hametzuda Street, Azur, ISR, 58001

Website

http://www.ralco.co.il

Ralco Agencies Ltd is engaged in import & distribution of consumer products manufactured by zanussi sharp and blomberg. It distributes refrigerators, LCD televisions, microwave ovens, dishwashers & built-in ovens, among others. It markets its products to private stores and marketing chains that specialized in the marketing of electrical and electronic products.

Ralco Agencies (XTAE:RLCO) Headlines

No Headlines