Resolute Forest Products (Resolute Forest Products) Interest Expense : $-21 Mil (TTM As of Sep. 2022)

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What is Resolute Forest Products Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Resolute Forest Products's interest expense for the three months ended in Sep. 2022 was $ -5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2022 was $-21 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. Resolute Forest Products's Operating Income for the three months ended in Sep. 2022 was $ 123 Mil. Resolute Forest Products's Interest Expense for the three months ended in Sep. 2022 was $ -5 Mil. Resolute Forest Products's Interest Coverage for the quarter that ended in Sep. 2022 was 24.60. 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.

Resolute Forest Products Interest Expense Historical Data

The historical data trend for Resolute Forest Products'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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Resolute Forest Products Interest Expense Chart

Resolute Forest Products Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Interest Expense

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-49.00

-47.00

-31.00

-34.00

-21.00

Resolute Forest Products Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Interest Expense	Get a 7-Day Free Trial															-5.00	-5.00	-5.00	-6.00	-5.00

Resolute Forest Products 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-21 Mil.

Resolute Forest Products (NYSE:RFP) 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.

Resolute Forest Products's Interest Expense for the three months ended in Sep. 2022 was $-5 Mil. Its Operating Income for the three months ended in Sep. 2022 was $123 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2022 was $348 Mil.

Resolute Forest Products's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2022 )	/	Interest Expense (Q: Sep. 2022 )
	=	-1	*	123	/	-5
	=	24.60

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

Resolute Forest Products (Resolute Forest Products) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Resolute Forest Products Inc (NYSE:RFP) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1010 De La Gauchetiere Street West, Suite 400, Montreal, QC, CAN, H3B 2N2

Website

https://www.resolutefp.com

Resolute Forest Products Inc is engaged in the forest products industry with a range of products, including market pulp, tissue, wood products, newsprint, and specialty papers. The product range includes market pulp, tissue, wood products, newsprint and specialty papers which are marketed to nearly 50 countries. The company owns or operates pulp, paper, tissue and wood products facilities in the United States and Canada.

Executives

Patrice Minguez	officer: President, Tissue Group	C/O RESOLUTE FOREST PRODUCTS INC., 111 DUKE STREET, MONTREAL A8 H3C 2M1
Hugues Simon	officer: President, Wood products	111 ROBERT-BOURASSA, SUITE 5000, MONTREAL A8 H3C 2M1
Sylvain A. Girard	officer: Chief Financial Officer	111 ROBERT-BOURASSA, SUITE 5000, MONTREAL A8 H3C 2M1
Duncan Davies	director	111 ROBERT-BOURASSA, SUITE 5000, MONTREAL A8 H3C 2M1
Stephanie Leclaire	officer: Chief Legal Officer	111 ROBERT-BOURASSA, SUITE 5000, MONTREAL A8 H3C 2M1
Daniel Viboux	officer: Chief Accounting Officer	111 ROBERT-BOURASSA, SUITE 5000, MONTREAL A8 H3C 2M1
Suzanne Blanchet	director	111 ROBERT-BOURASSA BOULEVARD, SUITE 5000, MONTREAL A8 H3C 2M1
Michael S Rousseau	director	C/O ABITIBIBOWATER INC., 1155 METCALFE STREET, SUITE 800, MONTREAL, QUEBEC Z4 H3B 5H2
Alain Rheaume	director	C/O ABITIBIBOWATER INC., 1155 METCALFE STREET, SUITE 800, MONTREAL, QUEBEC Z4 H3B 5H2
Lori Kilgour	officer: SVP, Chief Information Officer	111 ROBERT-BOURASSA, SUITE 5000, MONTREAL A8 H3C2M1
Daniel Ouellet	officer: SVP Human Resources	111 ROBERT-BOURASSA BOULEVARD, SUITE 5000, MONTREAL A8 H3C 2M1
Richard Joseph Tremblay	officer: SVP, Pulp and Paper Operations	C/O RESOLUTE FOREST PRODUCTS INC., 111 DUKE STREET, SUITE 5000, MONTREAL A8 H3C 2M1
John Lafave	officer: Senior Vice President	C/O ABITIBIBOWATER INC., 1155 METCALFE STREET, SUITE 800, MONTREAL A8 H3B 5H2
Randall C Benson	director	RESOLUTE FOREST PRODUCTS INC., 111 DUKE STREET, SUITE 5000, MONTREAL A8 H3C 2M1
Bradley Martin	director	C/O ODYSSEY RE HOLDINGS CORP., 300 FIRST STAMFORD PLACE, STAMFORD CT 06902