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Rami Levi Chain Stores Hashikma Marketing 2006 (XTAE:RMLI) Interest Expense : ₪-72 Mil (TTM As of Mar. 2024)


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What is Rami Levi Chain Stores Hashikma Marketing 2006 Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Rami Levi Chain Stores Hashikma Marketing 2006's interest expense for the three months ended in Mar. 2024 was ₪ -21 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₪-72 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. Rami Levi Chain Stores Hashikma Marketing 2006's Operating Income for the three months ended in Mar. 2024 was ₪ 89 Mil. Rami Levi Chain Stores Hashikma Marketing 2006's Interest Expense for the three months ended in Mar. 2024 was ₪ -21 Mil. Rami Levi Chain Stores Hashikma Marketing 2006's Interest Coverage for the quarter that ended in Mar. 2024 was 4.17. 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.


Rami Levi Chain Stores Hashikma Marketing 2006 Interest Expense Historical Data

The historical data trend for Rami Levi Chain Stores Hashikma Marketing 2006'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.

Rami Levi Chain Stores Hashikma Marketing 2006 Interest Expense Chart

Rami Levi Chain Stores Hashikma Marketing 2006 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 -56.86 -59.85 -60.88 -62.72 -71.94

Rami Levi Chain Stores Hashikma Marketing 2006 Quarterly Data
Jun19 Sep19 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 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 -20.77 -18.37 -19.13 -13.67 -21.29

Rami Levi Chain Stores Hashikma Marketing 2006 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 ₪-72 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.


Rami Levi Chain Stores Hashikma Marketing 2006  (XTAE:RMLI) 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.

Rami Levi Chain Stores Hashikma Marketing 2006's Interest Expense for the three months ended in Mar. 2024 was ₪-21 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₪89 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₪1,829 Mil.

Rami Levi Chain Stores Hashikma Marketing 2006's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*88.665/-21.287
=4.17

* 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.


Rami Levi Chain Stores Hashikma Marketing 2006 (XTAE:RMLI) Business Description

Traded in Other Exchanges
N/A
Address
15 Hauman Street, Jerusalem, ISR, 91520
Rami Levi Chain Stores Hashikma Marketing 2006 Ltd is an operator of clothing and food retail stores. The company is based in Israel and generates the entirety of its revenue domestically. The company operates a chain of supermarkets as well as discount clothing and discount shoe stores. The company markets its own products under the brand names The Motag as well as Remi Levi Shivuk Hashikma. In addition, the company operates a real estate development branch, engages in wholesale distribution activities and provides mobile phone services through its subsidiary, Rami Levi Communications.

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