Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Welbilt's interest expense for the
three
months ended in Mar. 2022 was $ -11 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Mar. 2022 was $-67 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. Welbilt's Operating Income for the
three
months ended in Mar. 2022 was $ 23 Mil. Welbilt's Interest Expense for the
three
months ended in Mar. 2022 was $ -11 Mil.
Welbilt's Interest Coverage for the quarter that ended in Mar. 2022 was 2.20.
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.
Welbilt 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 Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-67 Mil.
* 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.
Welbilt (NYSE:WBT) Interest Expense Explanation
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. The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Welbilt's Interest Expense for the
three
months ended in Mar. 2022 was $-11 Mil. Its
Operating Income
for the
three
months ended in Mar. 2022 was $23 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Mar. 2022 was $1,483 Mil.
Welbilt's Interest Coverage for the quarter that ended in Mar. 2022 is calculated as
* 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.
The higher the ratio, the stronger the company's financial strength is.
Welbilt Business Description
Traded in Other Exchanges
Address
2227 Welbilt Boulevard, New Port Richey, FL, USA, 34655
Welbilt Inc is engaged in the designing, manufacturing and supplying of equipment for the commercial foodservice market which is used by commercial and institutional foodservice operators including full-service restaurants, quick-service restaurant chains, hotels, resorts, cruise ships, caterers, supermarkets, convenience stores, hospitals, schools, and other institutions. The group offers various products such as grills, induction cookers braising pans, steamers, and others under the brand name such as Cleveland, Convotherm, Delfield, Frymaster, and others. The firm's geographical segments include Americas, EMEA, and APAC. It generates a majority of its revenue from the Americas.
Executives
| Agard Martin D. |
officer: EVP Chief Financial Officer |
3000 JOHN DEERE ROAD TOANO VA 23168 |
| Perez Kimberly Ann |
officer: VP, Chief Accounting Officer |
4211 W. BOY SCOUT BLVD. TAMPA FL 33607 |
| Fields Janice L |
director |
800 NORTH LINDBERGH BLVD. ST. LOUIS MO 63167 |
| Egnotovich Cynthia M |
director |
PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: EGNOTOVICH CYNTHIA M a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;} |
| Sheffer Richard James |
officer: VP, IR, Risk Mgmt, Treasurer |
MANITOWOC FOODSERVICE INC. 2227 WELBILT BLVD. NEW PORT RICHEY FL 34655 |
| Palm Jamie E |
officer: VP, Corp Controller, CAO |
2227 WELBILT BLVD NEW PORT RICHEY FL 34655 |
| Caron Richard N. |
officer: EVP Chief Innovation Officer |
MANITOWOC FOODSERVICE INC 2227 WELBILT BLVD NEW PORT RICHEY FL 34655 |
| Gudenkauf Jennifer |
officer: EVP & CHRO |
2227 WELBILT BLVD NEW PORT RICHEY FL 34655 |
| Johnson William |
director, officer: President and CEO |
3005 HIGHLAND PARKWAY SUITE 200 DOWNERS GROVE IL 60515 |
| Chow Joan Kai |
director |
215 W DIEHL ROAD NAPERVILLE IL 60563 |
| Horn Joel H. |
officer: EVP, Gen Counsel and Corp Secy |
2227 WELBILT BOULEVARD NEW PORT RICHEY FL 34655 |
| Davis Thomas Dale |
director |
MANITOWOC FOODSERVICE INC 2227 WELBILT BLVD NEW PORT RICHEY FL 34655 |
| Gamache Brian R |
director |
PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: GAMACHE BRIAN R a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;} |
| Matosevic Josef |
officer: EVP Chief Operating Officer |
1500 WEST UNIVERSITY PARKWAY SARASOTA FL 34243 |
| Langham Andrew |
director |
C/O ICAHN ENTERPRISES L.P. 16690 COLLINS AVE., PH SUNNY ISLES FL 33160 |
Welbilt Headlines
By tipranks.com 2022-03-04
By tipranks.com 2022-03-03
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