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Danone (CHIX:BNP) Interest Expense : €-595 Mil (TTM As of Jun. 2024)


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What is Danone Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Danone's interest expense for the six months ended in Jun. 2024 was € -303 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-595 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. Danone's Operating Income for the six months ended in Jun. 2024 was € 1,882 Mil. Danone's Interest Expense for the six months ended in Jun. 2024 was € -303 Mil. Danone's Interest Coverage for the quarter that ended in Jun. 2024 was 6.21. 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.

Danone Interest Expense Historical Data

The historical data trend for Danone'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.

Danone Interest Expense Chart

Danone 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 -400.00 -358.00 -323.00 -308.00 -513.00

Danone Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -163.00 -145.00 -221.00 -292.00 -303.00

Danone 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-595 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.

Danone  (CHIX:BNp) 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.

Danone's Interest Expense for the six months ended in Jun. 2024 was €-303 Mil. Its Operating Income for the six months ended in Jun. 2024 was €1,882 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was €10,084 Mil.

Danone's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*1882/-303
=6.21

* 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.

Danone Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Danone SA (CHIX:BNp) » Definitions » Interest Expense
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Traded in Other Exchanges
GPDNF:USA DANOY:USA BNN:Mexico 0KFX:UK BN:France BSN:Germany BSN:Bulgaria BN:Austria
Address
17, Boulevard Haussmann, Paris, FRA, 75009
Website
https://www.danone.com
Following the acquisition of WhiteWave, Danone restructured the firm into three broad segments: essential dairy and plant-based products, which represents just over half of group revenue; specialised nutrition; and bottled water. The firm's portfolio includes well-known brands such as Danone/Dannon dairy products, Nutrilon and Cow & Gate infant nutrition, Evian and Volvic bottled water, as well as leading medical nutrition brands. Danone derives about 60% of its annual sales outside Western Europe, up from about just one third in 2001.

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