United Utilities Group (United Utilities Group) Interest Expense

: $-551 Mil (TTM As of Sep. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. United Utilities Group's interest expense for the six months ended in Sep. 2023 was $ -266 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-551 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. United Utilities Group's Operating Income for the six months ended in Sep. 2023 was $ 303 Mil. United Utilities Group's Interest Expense for the six months ended in Sep. 2023 was $ -266 Mil. United Utilities Group's Interest Coverage for the quarter that ended in Sep. 2023 was 1.14. 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.

United Utilities Group Interest Expense Historical Data

The historical data trend for United Utilities Group'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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United Utilities Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

-305.67

-286.76

-252.01

-435.71

-604.01

United Utilities Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Interest Expense																-202.75	-241.24	-297.40	-285.32	-265.84

United Utilities Group 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 $-551 Mil.

United Utilities Group (OTCPK:UUGRY) 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.

United Utilities Group's Interest Expense for the six months ended in Sep. 2023 was $-266 Mil. Its Operating Income for the six months ended in Sep. 2023 was $303 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was $11,113 Mil.

United Utilities Group'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	*	302.97	/	-265.842
	=	1.14

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. United Utilities Group PLCs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

United Utilities Group (United Utilities Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » United Utilities Group PLC (OTCPK:UUGRY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

UUGWF:USA UUl:UK UU.:UK UUEC:Germany

Address

Lingley Green Avenue, Great Sankey, Haweswater House, Lingley Mere Business Park, Warrington, GBR, WA5 3LP

Website

https://www.unitedutilities.com

United Utilities Group is primarily a holding company for United Utilities Water, the country's largest regulated water and wastewater utility, serving customers in northwest England, including Manchester and Liverpool.

United Utilities Group (United Utilities Group) Headlines

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