African Distillers (XZIM:AFDS.ZW) Interest Expense : ZWL-1,739 Mil (TTM As of Sep. 2023)

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What is African Distillers Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. African Distillers's interest expense for the six months ended in Sep. 2023 was ZWL -1,559 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ZWL-1,739 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. African Distillers's Operating Income for the six months ended in Sep. 2023 was ZWL 28,322 Mil. African Distillers's Interest Expense for the six months ended in Sep. 2023 was ZWL -1,559 Mil. African Distillers's Interest Coverage for the quarter that ended in Sep. 2023 was 18.17. 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.

African Distillers Interest Expense Historical Data

The historical data trend for African Distillers'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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African Distillers Interest Expense Chart

African Distillers Annual Data

Trend

Jun09

Jun11

Jun12

Jun18

Jun19

Jun20

Mar22

Mar23

Interest Expense

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-0.15

-1.56

-0.34

-20.36

-609.09

African Distillers Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Sep21	Mar22	Sep22	Mar23	Sep23
Interest Expense	Get a 7-Day Free Trial										-11.93	-8.43	-428.67	-180.43	-1,559.01

African Distillers 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ZWL-1,739 Mil.

African Distillers (XZIM:AFDS.ZW) 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.

African Distillers's Interest Expense for the six months ended in Sep. 2023 was ZWL-1,559 Mil. Its Operating Income for the six months ended in Sep. 2023 was ZWL28,322 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was ZWL0 Mil.

African Distillers's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2023 )	/	Interest Expense (Q: Sep. 2023 )
	=	-1	*	28321.785	/	-1559.012
	=	18.17

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

African Distillers (XZIM:AFDS.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » African Distillers Ltd (XZIM:AFDS.ZW) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 km peg Lomagundi Road, Stapleford, Westgate, Harare, ZWE

Website

https://www.africandistillers.co.zw

African Distillers Ltd is engaged in the manufacturing, distribution, and marketing of branded spirits, ciders, and wines for the Zimbabwean market and for export. The company has six depots in Bulawayo, Harare, Kwekwe, Masvingo, Mutare and Victoria Falls. Brown spirits sales generate maximum revenue for the company. The product portfolio includes brown spirits, ciders, white spirits, still wines, liqueur, spirit coolers, fortified wines, sparkling wines, and sparkling juice.

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