Pearson (FRA:PES) Interest Expense

: €-71 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. Pearson's interest expense for the six months ended in Dec. 2023 was € -68 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-71 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. Pearson's Operating Income for the six months ended in Dec. 2023 was € 327 Mil. Pearson's Interest Expense for the six months ended in Dec. 2023 was € -68 Mil. Pearson's Interest Coverage for the quarter that ended in Dec. 2023 was 4.78. 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.

Pearson Interest Expense Historical Data

The historical data trend for Pearson'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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Pearson Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-79.03

-87.28

-80.03

-79.34

-70.81

Pearson 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															-48.25	-6.99	-72.44	-2.33	-68.49

Pearson 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 €-71 Mil.

Pearson (FRA:PES) 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.

Pearson's Interest Expense for the six months ended in Dec. 2023 was €-68 Mil. Its Operating Income for the six months ended in Dec. 2023 was €327 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €1,270 Mil.

Pearson'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	*	327.334	/	-68.485
	=	4.78

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

Pearson (FRA:PES) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Pearson PLC (FRA:PES) » Definitions » Interest Expense

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PSORF:USA PSO:USA PSONl:UK PSON:UK PES:Germany

Address

80 Strand, London, GBR, WC2R 0RL

Website

https://plc.pearson.com

U.K.-listed Pearson is the world's largest educational provider. The company has been disposing of noncore businesses such as the Financial Times, The Economist, and publishing house Penguin, and is now focused on being an educational resource and testing provider. While Pearson's primary activity centres on higher-level education, the firm also has significant operations in providing clinical assessments, professional certification and testing.

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