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Anheuser-Busch InBev/NV (Anheuser-Busch InBev/NV) Interest Expense : $-4,028 Mil (TTM As of Dec. 2023)


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What is Anheuser-Busch InBev/NV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Anheuser-Busch InBev/NV's interest expense for the three months ended in Dec. 2023 was $ -966 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-4,028 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. Anheuser-Busch InBev/NV's Operating Income for the three months ended in Dec. 2023 was $ 3,491 Mil. Anheuser-Busch InBev/NV's Interest Expense for the three months ended in Dec. 2023 was $ -966 Mil. Anheuser-Busch InBev/NV's Interest Coverage for the quarter that ended in Dec. 2023 was 3.61. 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.


Anheuser-Busch InBev/NV Interest Expense Historical Data

The historical data trend for Anheuser-Busch InBev/NV'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.

Anheuser-Busch InBev/NV Interest Expense Chart

Anheuser-Busch InBev/NV 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 -4,894.00 -4,650.00 -4,340.00 -4,443.00 -4,594.00

Anheuser-Busch InBev/NV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -1,034.00 -1,010.00 -1,047.00 -1,005.00 -966.00

Anheuser-Busch InBev/NV 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 $-4,028 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.


Anheuser-Busch InBev/NV  (NYSE:BUD) 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.

Anheuser-Busch InBev/NV's Interest Expense for the three months ended in Dec. 2023 was $-966 Mil. Its Operating Income for the three months ended in Dec. 2023 was $3,491 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $74,164 Mil.

Anheuser-Busch InBev/NV'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*3491/-966
=3.61

* 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.


Anheuser-Busch InBev/NV (Anheuser-Busch InBev/NV) Business Description

Address
Brouwerijplein 1, Leuven, BEL, 3000
Anheuser-Busch InBev is the largest brewer in the world and one of the world's top five consumer product companies, as measured by EBITDA. The company's portfolio contains six of the top 10 beer brands by volume, according to Euromonitor, and we estimate it distributes 23 brands with retail sales over $1 billion. AB InBev was created by the 2008 merger of Belgium-based InBev and U.S.-based Anheuser-Busch. The firm holds a 62% economic interest in Ambev and in 2016 it acquired SABMiller.