Fertiglobe (ADX:FERTIGLB) Interest Expense : د.إ-487 Mil (TTM As of Mar. 2024)

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What is Fertiglobe Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Fertiglobe's interest expense for the three months ended in Mar. 2024 was د.إ -128 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was د.إ-487 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. Fertiglobe's Operating Income for the three months ended in Mar. 2024 was د.إ 537 Mil. Fertiglobe's Interest Expense for the three months ended in Mar. 2024 was د.إ -128 Mil. Fertiglobe's Interest Coverage for the quarter that ended in Mar. 2024 was 4.20. 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.

Fertiglobe Interest Expense Historical Data

The historical data trend for Fertiglobe'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.

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Fertiglobe Interest Expense Chart

Fertiglobe Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-310.37

-139.21

-180.71

-305.60

-438.56

Fertiglobe Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial												-78.97	-114.60	-116.80	-128.19	-127.82

Fertiglobe 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 د.إ-487 Mil.

Fertiglobe (ADX:FERTIGLB) 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.

Fertiglobe's Interest Expense for the three months ended in Mar. 2024 was د.إ-128 Mil. Its Operating Income for the three months ended in Mar. 2024 was د.إ537 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was د.إ5,647 Mil.

Fertiglobe'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	*	537.366	/	-127.822
	=	4.20

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

Fertiglobe (ADX:FERTIGLB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Fertiglobe PLC (ADX:FERTIGLB) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Abu Dhabi Global Market Square, 2475-2476, 20th floor, Al Sila Tower, Al Maryah Island, ARE

Website

https://www.fertiglobe.com

Fertiglobe PLC is engaged in the production of urea, ammonia, and other gas-based fertilizers for export and distribution. The company's portfolio of products comprises ammonia, urea for agricultural and industrial customers, and DEF, which is also known as AdBlue in Europe and marketed as AdGreen by FERTIL, for industrial customers.

Fertiglobe (ADX:FERTIGLB) Headlines

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