GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Wingara AG Ltd (ASX:WNR) » Definitions » Interest Expense

Wingara AG (ASX:WNR) Interest Expense : A$-0.07 Mil (TTM As of Mar. 2024)


View and export this data going back to 1990. Start your Free Trial

What is Wingara AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wingara AG's interest expense for the six months ended in Mar. 2024 was A$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was A$-0.07 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. Wingara AG's Operating Income for the six months ended in Mar. 2024 was A$ -0.85 Mil. Wingara AG's Interest Expense for the six months ended in Mar. 2024 was A$ 0.00 Mil. Wingara AG 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.


Wingara AG Interest Expense Historical Data

The historical data trend for Wingara AG'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.

Wingara AG Interest Expense Chart

Wingara AG Annual Data
Trend Jun14 Jun15 Jun16 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.02 -2.58 -1.37 -0.80 -0.07

Wingara AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 -0.34 -0.54 -0.26 -0.07 -

Wingara AG 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 semi-annually data reported by the company within the most recent 12 months, which was A$-0.07 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.


Wingara AG  (ASX:WNR) 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.

Wingara AG's Interest Expense for the six months ended in Mar. 2024 was A$0.00 Mil. Its Operating Income for the six months ended in Mar. 2024 was A$-0.85 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was A$0.26 Mil.

Wingara AG's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

* 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.


Wingara AG (ASX:WNR) Business Description

Traded in Other Exchanges
N/A
Address
10 Oxley Road Hawthorn, Level 1, Laverton, VIC, AUS, 3122
Wingara AG Ltd operates as a processor and marketer of agricultural products in Australia. The Group operates in two segments: Acting as a processor and marketer of agricultural products (fodder business) and also Acting as a service provider for manufacturers, providing temperature-controlled facilities, blast freezing, storage, and distribution. The company generates maximum revenue from the fodder business.