Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ball's interest expense for the
three
months ended in Dec. 2023 was $ -109 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-459 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. Ball's Operating Income for the
three
months ended in Dec. 2023 was $ 392 Mil. Ball's Interest Expense for the
three
months ended in Dec. 2023 was $ -109 Mil.
Ball's Interest Coverage for the quarter that ended in Dec. 2023 was 3.60.
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.
Ball 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 quarterly data reported by the company within the most recent 12 months, which was $-459 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.
Ball (NYSE:BALL) 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.
Ball's Interest Expense for the
three
months ended in Dec. 2023 was $-109 Mil. Its
Operating Income
for the
three
months ended in Dec. 2023 was $392 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Dec. 2023 was $7,504 Mil.
Ball's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as
* 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.
Ball (BALL) Business Description
Traded in Other Exchanges
Address
9200 West 108th Circle, Westminster, CO, USA, 80021
Ball is the world's largest metal can manufacturer with market share over 40% in its three main regions (North America, Europe, and South America). The company is focused on increasing capacity amid a wave of new developed-market demand, while also investing in faster-growing emerging-market economies. Ball maintains a small presence in the U.S. defense industry through its aerospace segment. Ball spun-off its glass jar business in 1993 and is now owned by Newell. The company reports four segments—beverage packaging, North and Central America (44% of revenue), beverage packaging, EMEA (25%), beverage packaging, South America (14%), aerospace (14%)—and it generated $15.3 billion in revenue in 2022.
Executives
| Ronald J. Lewis |
officer: SR VP & COO |
C/O COCA-COLA ENTERPRISES, 2500 WINDY RIDGE PARKWAY, NW, 14TH FLOOR, ATLANTA GA 30339 |
| Howard H Yu |
officer: E.V.P and C.F.O |
250 S. KRAEMER BLVD., BREA CA 92821 |
| Hannah S. Lim |
officer: SVP, CLO & CORP SEC |
2135 WEST MAPLE ROAD, TROY MI 48084 |
| Deron Goodwin |
officer: Vice President & Treasurer |
9200 W. 108TH CIRCLE, WESTMINSTER CO 80021 |
| David A Kaufman |
officer: President, Ball Aerospace |
9200 W. 108TH CIRCLE, WESTMINSTER CO 80021 |
| John A Hayes |
officer: VP, CORP STR, MKTG & PROD DEV |
C/O BALL CORP, 10 LONGS PEAK DR, BROOMFIELD CO 80021-2510 |
| Daniel William Fisher |
officer: Sr VP & COO Global Bev Pkg |
2526 SPRUCE MEADOWS DRIVE, BROOMFIELD CO 80023 |
| Cynthia Niekamp |
director |
PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272 |
| Betty J. Sapp |
director |
C/O BALL CORPORATION, 10 LONGS PEAK DRIVE, BROOMFIELD CO 80021-2510 |
| Stacey J. Panayiotou |
officer: SVP and CHRO |
9200 W. 108TH CIRCLE, WESTMINSTER CO 80021 |
| Nate C Carey |
officer: Vice President & Controller |
10 LONGS PEAK DRIVE, BROOMFIELD CO 80021 |
| Dune Ives |
director |
9200 W. 108TH CIRCLE, WESTMINSTER CO 80021 |
| Pedro Henrique Mariani |
director |
10 LONGS PEAK DRIVE, BROOMFIELD CO 80021 |
| Michael J Cave |
director |
C/O ESTERLINE TECHNOLOGIES CORP, 500 108TH AVE NE, SUITE 1500, BELLEVUE WA 98004 |
| Georgia R Nelson |
director |
C/O TOWER AUTOMOTIVE INC, 27175 HAGGERTY ROAD, NOVI MI 48377-3626 |
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