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Groupe Bruxelles Lambert (Groupe Bruxelles Lambert) Interest Expense : $-490 Mil (TTM As of Mar. 2024)


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What is Groupe Bruxelles Lambert Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Groupe Bruxelles Lambert's interest expense for the three months ended in Mar. 2024 was $ -93 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-490 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. Groupe Bruxelles Lambert's Operating Income for the three months ended in Mar. 2024 was $ 373 Mil. Groupe Bruxelles Lambert's Interest Expense for the three months ended in Mar. 2024 was $ -93 Mil. Groupe Bruxelles Lambert's Interest Coverage for the quarter that ended in Mar. 2024 was 4.02. 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.

Groupe Bruxelles Lambert Interest Expense Historical Data

The historical data trend for Groupe Bruxelles Lambert'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.

Groupe Bruxelles Lambert Interest Expense Chart

Groupe Bruxelles Lambert 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 -122.67 -180.78 -167.23 -144.81 -308.51

Groupe Bruxelles Lambert Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -54.50 -89.60 - -307.42 -92.72

Groupe Bruxelles Lambert 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-490 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.

Groupe Bruxelles Lambert  (OTCPK:GBLBF) 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.

Groupe Bruxelles Lambert's Interest Expense for the three months ended in Mar. 2024 was $-93 Mil. Its Operating Income for the three months ended in Mar. 2024 was $373 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0 Mil.

Groupe Bruxelles Lambert's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*372.826/-92.717
=4.02

* 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.

Groupe Bruxelles Lambert (Groupe Bruxelles Lambert) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Groupe Bruxelles Lambert SA (OTCPK:GBLBF) » Definitions » Interest Expense
Comparable Companies
XBRU:SOF XBRU:KBCA XBRU:BREB XBRU:GIMB XBRU:TINC XBRU:COMB XBRU:QFG XBRU:CAND BLK BX KKR OSTO:INVE A APO TSX:BN BK AMP LSE:III XSWX:PGHN OSTO:EQT BOM:543940
Traded in Other Exchanges
GBLBY:USA GBLBb:UK 0IN2:UK EAI:Germany EAI:Germany GBLB:Belgium
Address
24, Avenue Marnix, Brussels, BEL, B-1000
Website
https://www.gbl.be
Groupe Bruxelles Lambert SA is an investment holding company, operates as a foremost investor in Europe, focused on long-term value creation. The business activities of the firm are operated through Holding, Imerys, Webhelp/Sapiens, Canyon/GfG CapitaL, and Sienna Investment Managers. Geographically, it derives a majority of revenue from Europe and also has a presence in Asia-Oceania; North America, and other countries.

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