San Miguel (San Miguel) Interest Expense : $-1,449 Mil (TTM As of Dec. 2023)

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What is San Miguel Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. San Miguel's interest expense for the three months ended in Dec. 2023 was $ -297 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-1,449 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. San Miguel's Operating Income for the three months ended in Dec. 2023 was $ 604 Mil. San Miguel's Interest Expense for the three months ended in Dec. 2023 was $ -297 Mil. San Miguel's Interest Coverage for the quarter that ended in Dec. 2023 was 2.04. 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.

San Miguel Interest Expense Historical Data

The historical data trend for San Miguel'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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San Miguel Interest Expense Chart

San Miguel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-887.95

-815.19

-748.22

-946.71

-1,449.36

San Miguel 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															-228.42	-380.35	-402.00	-370.51	-296.51

San Miguel 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 $-1,449 Mil.

San Miguel (OTCPK:SMGBF) 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.

San Miguel's Interest Expense for the three months ended in Dec. 2023 was $-297 Mil. Its Operating Income for the three months ended in Dec. 2023 was $604 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $17,291 Mil.

San Miguel's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	603.901	/	-296.508
	=	2.04

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. San Miguel Corp interest coverage is 1.74, which is low.

San Miguel (San Miguel) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » San Miguel Corp (OTCPK:SMGBF) » Definitions » Interest Expense

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Traded in Other Exchanges

SMC2K.PFD:Philippines SMC2J.PFD:Philippines SMC2I.PFD:Philippines SMC2F.PFD:Philippines SMC2E.PFD:Philippines SMC2C.PFD:Philippines SMC:Philippines

Address

No. 40 San Miguel Avenue, Metro Manila, P.O. Box 271, Manila Central Post Office, Mandaluyong, PHL, 1550

Website

https://www.sanmiguel.com.ph

San Miguel Corp is a holding company based in the Philippines. The company's operating segments include food and beverage; packaging; energy; fuel and oil; and infrastructure. The company generates a majority of its revenue from the fuel and oil segments. The fuel and oil segment is engaged in refining crude oil and marketing and distribution of refined petroleum products.

San Miguel (San Miguel) Headlines

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