British American Tobacco (British American Tobacco) Interest Expense

: $-2,386 Mil (TTM As of Dec. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. British American Tobacco's interest expense for the six months ended in Dec. 2023 was $ -1,223 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-2,386 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. British American Tobacco's Operating Income for the six months ended in Dec. 2023 was $ -20,962 Mil. British American Tobacco's Interest Expense for the six months ended in Dec. 2023 was $ -1,223 Mil. British American Tobacco did not have earnings to cover the interest expense. 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.

British American Tobacco Interest Expense Historical Data

The historical data trend for British American Tobacco'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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British American Tobacco Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-2,343.38

-2,397.85

-1,982.71

-2,025.58

-2,388.61

British American Tobacco Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-957.45	-1,006.16	-1,030.45	-1,162.88	-1,222.79

British American Tobacco 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 semi-annually data reported by the company within the most recent 12 months, which was $-2,386 Mil.

British American Tobacco (NYSE:BTI) 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.

British American Tobacco's Interest Expense for the six months ended in Dec. 2023 was $-1,223 Mil. Its Operating Income for the six months ended in Dec. 2023 was $-20,962 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $44,818 Mil.

British American Tobacco's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

British American Tobacco did not have earnings to cover the interest expense.

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

British American Tobacco (British American Tobacco) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » British American Tobacco PLC (NYSE:BTI) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

BTI:South Africa BTAFF:USA BATSl:UK BATS:UK BMTA:Germany BMT:Germany BMT:Germany BMT:Germany BMTA:Germany BMT:Germany B1TI34:Brazil

Address

Globe House, 4 Temple Place, London, GBR, WC2R 2PG

Website

https://www.bat.com

Following the acquisition of Reynolds American, British American Tobacco is neck-and-neck with Philip Morris International to be the largest listed Global tobacco company--slightly larger than PMI on net revenue, but slightly smaller on total tobacco volume. British American's Global Drive Brands are Dunhill, Kent, Pall Mall, Lucky Strike, and Rothmans, and it also owns Newport and Camel in the U.S. The firm also sells vapor e-cigarettes, primarily its Vuse brand, heated tobacco, with Glo, as well Velo modern oral tobacco products. The company holds 29% of ITC Limited, the leading Indian cigarette-maker.