Heineken Holding NV (Heineken Holding NV) Interest Expense

: $-696 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. Heineken Holding NV's interest expense for the six months ended in Dec. 2023 was $ -376 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-696 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. Heineken Holding NV's Operating Income for the six months ended in Dec. 2023 was $ 1,494 Mil. Heineken Holding NV's Interest Expense for the six months ended in Dec. 2023 was $ -376 Mil. Heineken Holding NV's Interest Coverage for the quarter that ended in Dec. 2023 was 3.97. 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.

Heineken Holding NV Interest Expense Historical Data

The historical data trend for Heineken Holding NV'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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Heineken Holding NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-637.78

-645.99

-552.54

-485.17

-697.93

Heineken Holding NV 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															-297.18	-226.22	-258.48	-319.61	-376.23

Heineken Holding NV 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 $-696 Mil.

Heineken Holding NV (OTCPK:HKHHF) 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.

Heineken Holding NV's Interest Expense for the six months ended in Dec. 2023 was $-376 Mil. Its Operating Income for the six months ended in Dec. 2023 was $1,494 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $15,317 Mil.

Heineken Holding NV'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	*	1494.002	/	-376.227
	=	3.97

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

Heineken Holding NV (Heineken Holding NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Heineken Holding NV (OTCPK:HKHHF) » Definitions » Interest Expense

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Traded in Other Exchanges

HKHHY:USA HEIO:Netherlands HEIOa:UK 0NBD:UK 4H50:Germany HEIO:Austria

Address

Tweede Weteringplantsoen 5, Amsterdam, NH, NLD, 1017 ZD

Website

https://www.heinekenholding.com

Heineken Holding NV holds more than 50% of Heineken NV's issued shares. It does not engage in operational activities and generates income almost exclusively by receiving Heineken dividends. Heineken Holding NV has five segments: Europe, Americas, Africa, Middle East & Eastern Europe, and Asia-Pacific. Heineken NV brews and sells more than 200 brands of beer in nearly 200 countries. Notable brands include Heineken, Amstel, Dos Equis, Tecate, Goldberg, Red Stripe, Legunitas, and Tiger. Close to half of Heineken NV's revenue comes from Europe, and nearly one third of its revenue comes from the Americas. The remaining revenue is split among the Asia-Pacific, Africa, and Middle East and Eastern Europe regions.