B Communications (B Communications) Interest Expense : $-106 Mil (TTM As of Dec. 2023)

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What is B Communications Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. B Communications's interest expense for the three months ended in Dec. 2023 was $ -26 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-106 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. B Communications's Operating Income for the three months ended in Dec. 2023 was $ 117 Mil. B Communications's Interest Expense for the three months ended in Dec. 2023 was $ -26 Mil. B Communications's Interest Coverage for the quarter that ended in Dec. 2023 was 4.44. 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.

B Communications Interest Expense Historical Data

The historical data trend for B Communications'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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B Communications Interest Expense Chart

B Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-127.22

-107.63

-113.64

-91.96

-106.33

B Communications 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															-23.51	-24.03	-29.26	-26.65	-26.39

B Communications 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 $-106 Mil.

B Communications (OTCPK:BCOMF) 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.

B Communications's Interest Expense for the three months ended in Dec. 2023 was $-26 Mil. Its Operating Income for the three months ended in Dec. 2023 was $117 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $2,465 Mil.

B Communications'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	*	117.036	/	-26.385
	=	4.44

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

B Communications (B Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » B Communications Ltd (OTCPK:BCOMF) » Definitions » Interest Expense

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BCOM:Israel

Address

144 Menachem Begin Road, Tel Aviv, ISR, 6492102

Website

http://www.bcommunications.co.il

B Communications Ltd is a holding company with a single asset, a controlling interest in Bezeq, an Israeli triple play telecommunications company. Bezeq generates revenue through the provision of mobile, broadband, and data. It operates through four business segments: Bezeq, Pelephone Communications Ltd, Bezeq International Ltd, and DBS Satellite Services. The Bezeq segment generates revenue from fixed line communications. Bezeq's other division, Pelephone, derives revenue from the provision of mobile services. The last two segments, Bezeq International and DBS Satellite Services, produce revenue from the provision of Internet services and satellite TV services, respectively. Bezeq is an owner of telecommunications infrastructure, such as fibre networks.