Brown-Forman (Brown-Forman) Interest Expense

: $-122 Mil (TTM As of Jan. 2024)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Brown-Forman's interest expense for the three months ended in Jan. 2024 was $ -33 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was $-122 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. Brown-Forman's Operating Income for the three months ended in Jan. 2024 was $ 373 Mil. Brown-Forman's Interest Expense for the three months ended in Jan. 2024 was $ -33 Mil. Brown-Forman's Interest Coverage for the quarter that ended in Jan. 2024 was 11.30. 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.

Brown-Forman Interest Expense Historical Data

The historical data trend for Brown-Forman'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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Brown-Forman Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Interest Expense

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-88.00

-82.00

-81.00

-82.00

-90.00

Brown-Forman Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Interest Expense	Get a 7-Day Free Trial															-24.00	-29.00	-29.00	-31.00	-33.00

Brown-Forman 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-122 Mil.

Brown-Forman (NYSE:BF.A) 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.

Brown-Forman's Interest Expense for the three months ended in Jan. 2024 was $-33 Mil. Its Operating Income for the three months ended in Jan. 2024 was $373 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was $2,678 Mil.

Brown-Forman's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jan. 2024 )	/	Interest Expense (Q: Jan. 2024 )
	=	-1	*	373	/	-33
	=	11.30

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

Brown-Forman (Brown-Forman) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Brown-Forman Corp (NYSE:BF.A) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

BF.B:USA BF5A:Germany BF5B:Germany BF5B:Germany

Address

850 Dixie Highway, Louisville, KY, USA, 40210

Website

https://www.brown-forman.com

Brown-Forman is a U.S.-based manufacturer of premium distilled spirits that generates close to 70% of revenues in the whiskey category, under well-known Tennessee whiskey brand Jack Daniel's and bourbon brands Woodford Reserve and Old Forester. It also manufactures and distributes tequila, vodka, rum, gin, and premium wines. The company generates 47% of sales from its home market, while the bulk of international revenues come from Europe, Australia, and Latin America. The Brown family controls over 50% of the economic interests and a 67% voting power of the company.

Executives

De Chabert Ralph E	officer: SVP, Chief Diversity Officer	850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Augusta Brown Holland	director	850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Kelli Nelson	officer: SVP, Chief Accounting Officer	850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Chavanne Patrick Bousquet	director	767 FIFTH AVENUE, NEW YORK NY 10153
Matthew E Hamel	officer: EVP, Gen Counsel and Secretary	850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Michael Todman	director	C/O TMA LIMITED, LLC, 500 RENAISSANCE DRIVE, SUITE 103B, ST. JOSEPH MI 49085
Matias Bentel	officer: SVP, Chief Brands Officer	850 DIXIE HWY, LOUISVILLE KY 40210
John V. Hayes	officer: SVP/President, USA & Canada	850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Tracy L Skeans	director	1441 GARDINER LANE, LOUISVILLE KY 40213
Thomas Hinrichs	officer: SVP/Pres., Emerging Intl	850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Kirsten M Hawley	officer: SVP, Chief HR Officer	850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Kathleen M. Gutmann	director	55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Alejandro A Alvarez	officer: SVP, Chief Production Officer	850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Lawson E Whiting	director, officer: President & CEO	850 DIXIE HIGHWAY, LOUISVILLE KY 40228
John D. Cook	director	850 DIXIE HIGHWAY, LOUISVILLE KY 40210