Wagners Holding Co (ASX:WGN) Interest Expense : A$-7.4 Mil (TTM As of Dec. 2023)

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What is Wagners Holding Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wagners Holding Co's interest expense for the six months ended in Dec. 2023 was A$ -3.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-7.4 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. Wagners Holding Co's Operating Income for the six months ended in Dec. 2023 was A$ 18.9 Mil. Wagners Holding Co's Interest Expense for the six months ended in Dec. 2023 was A$ -3.8 Mil. Wagners Holding Co's Interest Coverage for the quarter that ended in Dec. 2023 was 5.02. 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.

Wagners Holding Co Interest Expense Historical Data

The historical data trend for Wagners Holding Co'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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Wagners Holding Co Interest Expense Chart

Wagners Holding Co Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-6.02

-5.47

-6.84

-6.13

-5.88

Wagners Holding Co Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial								-3.77	-2.36	-2.25	-3.63	-3.77

Wagners Holding Co 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 semi-annually data reported by the company within the most recent 12 months, which was A$-7.4 Mil.

Wagners Holding Co (ASX:WGN) 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.

Wagners Holding Co's Interest Expense for the six months ended in Dec. 2023 was A$-3.8 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$18.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$212.8 Mil.

Wagners Holding Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	18.935	/	-3.769
	=	5.02

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Wagners Holding Co Ltd interest coverage is 4.19, which is low.

Wagners Holding Co (ASX:WGN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Wagners Holding Co Ltd (ASX:WGN) » Definitions » Interest Expense

Traded in Other Exchanges

0W7:Germany

Address

1511 Toowoomba-Cecil Plains Road, 11 Ballera Court, P.O. Box 151, Drayton North, Wellcamp, QLD, AUS, 4350

Website

https://www.wagner.com.au

Wagners Holding Co Ltd is an Australian construction materials provider. It produces and sells construction materials through its Composite Fibre Technologies and Earth Friendly Concrete business. The Construction Materials and Services segment supplies construction materials and services to customers in the construction, infrastructure and resources industries. Its products include cement, flyash, aggregates, ready-mix concrete, precast concrete products and reinforcing steel. Its Composite Fibre Technologies segment provides building products and construction materials through its CFT and EFC businesses. Its projects include roads and tunnels, bridges, airports, mining and gas plants, dams and others. The company generates maximum revenue from Construction, Materials and Services.

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