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Willdale (XZIM:WILD.ZW) Interest Expense : ZWL-56 Mil (TTM As of Sep. 2023)


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What is Willdale Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Willdale's interest expense for the six months ended in Sep. 2023 was ZWL -52 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ZWL-56 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. Willdale's Operating Income for the six months ended in Sep. 2023 was ZWL 389 Mil. Willdale's Interest Expense for the six months ended in Sep. 2023 was ZWL -52 Mil. Willdale's Interest Coverage for the quarter that ended in Sep. 2023 was 7.52. 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.


Willdale Interest Expense Historical Data

The historical data trend for Willdale'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.

Willdale Interest Expense Chart

Willdale Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Interest Expense
Get a 7-Day Free Trial -2.36 -0.01 -1.95 -10.59 -56.38

Willdale Semi-Annual Data
Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -1.95 - -10.59 -4.69 -51.69

Willdale 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ZWL-56 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.


Willdale  (XZIM:WILD.ZW) 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.

Willdale's Interest Expense for the six months ended in Sep. 2023 was ZWL-52 Mil. Its Operating Income for the six months ended in Sep. 2023 was ZWL389 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was ZWL838 Mil.

Willdale's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*388.802/-51.691
=7.52

* 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.


Willdale (XZIM:WILD.ZW) Business Description

Traded in Other Exchanges
N/A
Address
19.5km Peg Lomagundi Road, Mount Hampden, Harare, ZWE
Willdale Ltd is a clay brick manufacturer and distributor in Zimbabwe. Its clay brick products portfolio includes Blue Heart, Blue Multi, Blue Smooth, Cinker, Dark Splashed, Rustic, window Cill, Red Defour, Plum, and others. Geographically company has a presence in Zimbabwe.

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