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Siniora Food Industries (AMM:SNRA) Interest Expense : JOD-6.8 Mil (TTM As of Mar. 2024)


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What is Siniora Food Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Siniora Food Industries's interest expense for the three months ended in Mar. 2024 was JOD -2.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was JOD-6.8 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. Siniora Food Industries's Operating Income for the three months ended in Mar. 2024 was JOD 2.7 Mil. Siniora Food Industries's Interest Expense for the three months ended in Mar. 2024 was JOD -2.0 Mil. Siniora Food Industries's Interest Coverage for the quarter that ended in Mar. 2024 was 1.32. 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.

Siniora Food Industries Interest Expense Historical Data

The historical data trend for Siniora Food Industries'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.

Siniora Food Industries Interest Expense Chart

Siniora Food Industries 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 -1.07 -0.82 -2.59 -5.09 -6.19

Siniora Food Industries 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 -1.37 -1.29 -1.69 -1.84 -2.01

Siniora Food Industries 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 JOD-6.8 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.

Siniora Food Industries  (AMM:SNRA) 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.

Siniora Food Industries's Interest Expense for the three months ended in Mar. 2024 was JOD-2.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was JOD2.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was JOD60.6 Mil.

Siniora Food Industries'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*2.654/-2.013
=1.32

* 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.

Siniora Food Industries (AMM:SNRA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Siniora Food Industries (AMM:SNRA) » Definitions » Interest Expense
Comparable Companies
AMM:UMIC XSWX:NESN KHC GIS XPAR:BN SHSE:603288 NSE:NESTLEIND SZSE:300999 SHSE:600887 TSE:2802 LSE:ABF BIMBOA HRL K MKC SGX:F34 SAU:2280 DUB:KRZ HKSE:02319 XAMS:JDEP
Traded in Other Exchanges
N/A
Address
King Abdullah II Bin Al-Hussein Industrial Estate, P.O. Box 191, Sahab, Amman, JOR, 11512
Website
https://www.siniorafood.com
Siniora Food Industries is a processed meat food company. Its objectives are producing, selling and buying meat and its byproducts; importing and exporting the necessary raw materials; and producing food products and trading. The company generates maximum revenue from Outside the Kingdom.

Siniora Food Industries (AMM:SNRA) Headlines

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