Darling Ingredients (Darling Ingredients) Interest Expense : $-259 Mil (TTM As of Dec. 2023)

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What is Darling Ingredients Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Darling Ingredients's interest expense for the three months ended in Dec. 2023 was $ -68 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-259 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. Darling Ingredients's Operating Income for the three months ended in Dec. 2023 was $ 166 Mil. Darling Ingredients's Interest Expense for the three months ended in Dec. 2023 was $ -68 Mil. Darling Ingredients's Interest Coverage for the quarter that ended in Dec. 2023 was 2.42. 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.

Darling Ingredients Interest Expense Historical Data

The historical data trend for Darling Ingredients'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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Darling Ingredients Interest Expense Chart

Darling Ingredients Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-78.67

-72.69

-62.08

-125.57

-259.22

Darling Ingredients 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															-46.14	-50.30	-70.19	-70.28	-68.45

Darling Ingredients 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 $-259 Mil.

Darling Ingredients (NYSE:DAR) 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.

Darling Ingredients's Interest Expense for the three months ended in Dec. 2023 was $-68 Mil. Its Operating Income for the three months ended in Dec. 2023 was $166 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $4,521 Mil.

Darling Ingredients'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	*	165.882	/	-68.453
	=	2.42

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

Darling Ingredients (Darling Ingredients) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Darling Ingredients Inc (NYSE:DAR) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

DAR:Mexico 43D:Germany 43D:Germany D2AR34:Brazil

Address

5601 N MacArthur Boulevard, Irving, TX, USA, 75038

Website

https://www.darlingii.com

Darling Ingredients Inc develops and manufactures sustainable ingredients for customers in the pharmaceutical, food, pet food, fuel, and fertilizer industries. It collects and transforms all aspects of animal by-product streams into ingredients, including gelatin, fats, proteins, pet food ingredients, fertilizers, and other specialty products. Also, the company recovers and converts used cooking oil and bakery remnants into feed and fuel ingredients. Darling has three primary business segments: feed ingredients (the majority of revenue), food ingredients, and fuel ingredients. It provides grease trap services for food businesses and sells various equipment for collecting and delivering cooking oil. The company derives the majority of its revenue from customers in North America.

Executives

Joseph Manzi	officer: Chief Accounting Officer	5601 N. MACARTHUR BLVD., IRVING TX 75038
Robert W Day	officer: EVP Chief Strategy Officer	5601 N. MACARTHUR BLVD, IRVING TX 75038
Matthew J Jansen	officer: COO North America	C/O DARLING INGREDIENTS INC., 5601 N. MACARTHUR BLVD, IRVING TX 75038
Patrick Mcnutt	officer: EVP Chief Admin Officer	5601 N. MACARTHUR BLVD, IRVING TX 75038
Charles L Adair	director	251 O'CONNOR RIDGE BLVD., SUITE 300, IRVING TX 75038
John Bullock	officer: EVP Chief Strategy Officer	251 O'CONNOR RIDGE BLVD., SUITE 300, IRVING TX 75038
Randall C Stuewe	director, officer: Chairman and CEO
Van Der Velden Jan	officer: EVP Int Rendering&Specialties	251 O'CONNOR RIDGE BLVD, SUITE 300, IRVING TX 75038
Gary W. Mize	director	GEVO, INC., 345 INVERNESS DRIVE SOUTH, BUILDING C, SUITE 310, ENGLEWOOD CO 80112
Brandon Lairmore	officer: EVP US Rendering Operations	4221 E. ALEXANDRIA PIKE, COLD SPRING KY 41076
Larry Barden	director	5601 N. MACARTHUR BLVD, IRVING TX 75038
Enderson Guimaraes	director	PEPSICO, INC., 700 ANDERSON HILL ROAD, PURCHASE NY 10577
Celeste A. Clark	director	C/O ADVANCEPIERRE FOODS HOLDINGS, INC., 9987 CARVER ROAD, BLUE ASH OH 45242
Kurt Stoffel	director	5601 N. MACARTHUR BLVD, IRVING TX 75038
Elizabeth Albright	director	C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19898