Alto Ingredients (STU:FPRP) Interest Expense : €-7 Mil (TTM As of Mar. 2024)

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What is Alto Ingredients Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alto Ingredients's interest expense for the three months ended in Mar. 2024 was € -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-7 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. Alto Ingredients's Operating Income for the three months ended in Mar. 2024 was € -10 Mil. Alto Ingredients's Interest Expense for the three months ended in Mar. 2024 was € -2 Mil. Alto Ingredients 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.

Alto Ingredients Interest Expense Historical Data

The historical data trend for Alto Ingredients'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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Alto Ingredients Interest Expense Chart

Alto Ingredients Annual Data

Trend

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Interest Expense

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-18.19

-14.75

-3.17

-1.73

-6.81

Alto Ingredients 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															-1.46	-1.60	-1.87	-1.95	-1.50

Alto Ingredients 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 €-7 Mil.

Alto Ingredients (STU:FPRP) 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.

Alto Ingredients's Interest Expense for the three months ended in Mar. 2024 was €-2 Mil. Its Operating Income for the three months ended in Mar. 2024 was €-10 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €94 Mil.

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

Alto Ingredients did not have earnings to cover the interest expense.

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

Alto Ingredients (STU:FPRP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Alto Ingredients Inc (STU:FPRP) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

ALTO:USA FPR:Germany

Address

1300 South Second Street, Pekin, IL, USA, 61554

Website

https://www.altoingredients.com

Alto Ingredients Inc is a producer of specialty alcohols and essential ingredients. The company serves five markets: Health, Home and Beauty, Food and Beverage, Essential Ingredients, and Renewable Fuels. Its customers include major food and beverage companies and consumer products manufacturers and distributors. The company operates under three segments: Marketing and distribution, Pekin Campus production, and Other production. The Marketing and distribution segment participates in marketing and merchant trading for alcohols and essential ingredients; Pekin Campus produces and sells products produced at the company's Pekin, Illinois, campus, and about half of the firm's revenue flows from this segment. Other production makes and sells from the company's other production facilities.

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