What is Alico Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alico's interest expense for the
three
months ended in Dec. 2023 was $ -1.61 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-5.37 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. Alico's Operating Income for the
three
months ended in Dec. 2023 was $ -17.53 Mil. Alico's Interest Expense for the
three
months ended in Dec. 2023 was $ -1.61 Mil.
Alico 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.
Alico 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 $-5.37 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.
Alico (NAS:ALCO) 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.
Alico's Interest Expense for the
three
months ended in Dec. 2023 was $-1.61 Mil. Its
Operating Income
for the
three
months ended in Dec. 2023 was $-17.53 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Dec. 2023 was $83.30 Mil.
Alico's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as
| Alico did not have earnings to cover the interest expense. |
* 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.
Alico (ALCO) Business Description
Traded in Other Exchanges
N/A
Address
10070 Daniels Interstate Court, Suite 100, Fort Myers, FL, USA, 33913
Alico Inc is a Florida-based agribusiness and land management company that primarily focuses on citrus production and grove conservation. The company operates through two primary business units: Alico Citrus and Land Management and Other Operations. The Alico Citrus segment engages in cultivation of citrus trees and delivers citrus to the processed and fresh citrus markets. It mainly serves the processed market and sells primarily Hamlin oranges and the Valencia variety to the orange juice processors. The Land Management and Other Operations segment engages in land leasing for recreational, conservation, and mining activities. Alico Citrus delivers most of the revenue as the firm's primary operating business unit.
Executives
| Katherine English |
director |
7951 DENI DRIVE, NORTH FORT MYERS FL 33917 |
| Adam Putnam |
director |
ONE WATERFOWL WAY, MEMPHIS TN 38120 |
| Bradley Heine |
officer: Chief Financial Officer |
C/O ALICO, INC., 10070 DANIELS INTERSTATE COURT, STE 200, FORT MYERS FL 33913 |
| Vecchio Perry Del |
officer: Chief Financial Officer |
3207 PACIFIC DR, NAPLES FL 34119 |
| Arlon Valencia Holdings Llc |
director |
C/O ARLON GROUP 277 PARK AVENUE, NEW YORK NY 10172 |
| Remy W Trafelet |
director, 10 percent owner |
C/O TRAFELET BROKAW CAPITAL MANAGEMENT,, 410 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10022 |
| 734 Investors, Llc |
director, 10 percent owner |
C/O 734 AGRICULTURE, LLC, 410 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10022 |
| Toby K Purse |
director |
1276 OSCEOLA DRIVE, FORT MYERS FL 33901 |
| Benjamin D Fishman |
director |
6 WILLOW PLACE, BROOKLYN NY 11201 |
| George R Brokaw |
director, 10 percent owner |
DISH NETWORK CORPORATION, 9601 S MERIDIAN BLVD, ENGLEWOOD CO 80112 |
| 734 Agriculture, Llc |
director, 10 percent owner |
410 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10022 |
| Daniel Keith Sutton |
officer: President of Citrus |
5289 RIVER BLOSSOM LANE, LABELLE FL 33935 |
| Joseph Sambuco |
director |
10070 DANIELS INTERSTATE COURT, FT MYERS FL 33913 |
| Richard Rallo |
officer: Chief Accounting Officer |
3265 LARSON BLVD, OCEANSIDE NY 11572 |
| Clayton G Wilson |
director, officer: Chief Executive Officer |
C/O THE LATT MAXCY CORPORATION, 21299 US HIGHWAY 27, LAKE WALES FL 33859 |
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