Topgolf Callaway Brands (Topgolf Callaway Brands) Interest Expense : $-210 Mil (TTM As of Dec. 2023)

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What is Topgolf Callaway Brands Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Topgolf Callaway Brands's interest expense for the three months ended in Dec. 2023 was $ -57 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-210 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. Topgolf Callaway Brands's Operating Income for the three months ended in Dec. 2023 was $ -33 Mil. Topgolf Callaway Brands's Interest Expense for the three months ended in Dec. 2023 was $ -57 Mil. Topgolf Callaway Brands 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.

Topgolf Callaway Brands Interest Expense Historical Data

The historical data trend for Topgolf Callaway Brands'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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Topgolf Callaway Brands Interest Expense Chart

Topgolf Callaway Brands Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-38.49

-46.90

-115.60

-142.80

-210.20

Topgolf Callaway Brands 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															-42.50	-49.60	-51.70	-52.30	-56.60

Topgolf Callaway Brands 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 $-210 Mil.

Topgolf Callaway Brands (NYSE:MODG) 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.

Topgolf Callaway Brands's Interest Expense for the three months ended in Dec. 2023 was $-57 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-33 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $3,932 Mil.

Topgolf Callaway Brands's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Topgolf Callaway Brands did not have earnings to cover the interest expense.

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

Topgolf Callaway Brands (Topgolf Callaway Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Topgolf Callaway Brands Corp (NYSE:MODG) » Definitions » Interest Expense

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Traded in Other Exchanges

CLY:Germany CLY:Germany

Address

2180 Rutherford Road, Carlsbad, CA, USA, 92008

Website

https://www.callawaygolf.com

Topgolf Callaway Brands Corp is a modern golf and active lifestyle company that provides world-class golf entertainment experiences, designs and manufactures premium golf equipment, and sells golf and active lifestyle apparel and other accessories. It operates in the below segments: Topgolf; Golf Equipment and Active Lifestyle. Some of its brands are Odyssey, OGIO, TravisMathew, and Jack Wolfskin. Its geographical segments are the United States, Europe, Japan, and the Rest of the World. Majority of the revenue is earned from United States.

Executives

Laura Jean Flanagan	director	395 OYSTER POINT BLVD, SUITE 415, SOUTH SAN FRANCISCO CA 94080
Brewer Oliver G Iii	officer: President and CEO	2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Jennifer L. Thomas	officer: Chief Accounting Officer	2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Erik J Anderson	director	1411 E MISSION AVE, SPOKANE WA 99202
Adebayo O. Ogunlesi	director	2180 RUTHERFORD ROAD, CARLSBAD CA 92130
C. Matthew Turney	director	2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Rebecca Fine	officer: EVP, Chief People Officer	2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Brian P. Lynch	officer: SVP, G.C. & Corp Secretary	2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Samuel H Armacost	director	2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Varsha Rajendra Rao	director	6155 EL CAMINO REAL, CARLSBAD CA 92009
Bavan Holloway	director	8501 NORTH SCOTTSDALE ROAD, SUITE 100, SCOTTSDALE AZ 85253
Pep Tg Investments Lp	10 percent owner	C/O PROVIDENCE EQUITY PARTNERS L.L.C., 50 KENNEDY PLAZA, 18TH FLOOR, PROVIDENCE RI 02903
Glenn F. Hickey	officer: EVP, Callaway Golf	2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Artie Starrs	officer: CEO, Topgolf	2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Westriver Management, Llc	10 percent owner	920 5TH AVENUE, SUITE 3450, SEATTLE WA 98104