Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Philip Morris International's interest expense for the
three
months ended in Dec. 2023 was $ -738 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-1,526 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. Philip Morris International's Operating Income for the
three
months ended in Dec. 2023 was $ 3,545 Mil. Philip Morris International's Interest Expense for the
three
months ended in Dec. 2023 was $ -738 Mil.
Philip Morris International's Interest Coverage for the quarter that ended in Dec. 2023 was 4.80.
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.
Philip Morris International 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 $-1,526 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.
Philip Morris International (NYSE:PM) 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.
Philip Morris International's Interest Expense for the
three
months ended in Dec. 2023 was $-738 Mil. Its
Operating Income
for the
three
months ended in Dec. 2023 was $3,545 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Dec. 2023 was $41,243 Mil.
Philip Morris International's Interest Coverage for the quarter that ended in Dec. 2023 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.
Philip Morris International (Philip Morris International) Business Description
Traded in Other Exchanges
Address
677 Washington Boulevard, Suite 1100, Stamford, Connecticut, New York, NY, USA, 06901
Philip Morris International is an international tobacco company with a product portfolio primarily consisting of cigarettes and reduced-risk products, including heat-not-burn, vapor and oral nicotine products, which are sold in markets outside the United States. The company diversified away from cigarettes with the 2022 acquisition of Swedish Match, a leading manufacturer of traditional oral tobacco products and nicotine pouches, primarily in the U.S. and Scandinavia. It diversified away from nicotine products with the acquisition of Vectura, a provider of innovative inhaled drug delivery solutions, in 2021.
Executives
| Wilde Frederic De |
officer: Sr. VP, Marketing & Sales |
120 PARK AVENUE, NEW YORK NY 10017 |
| Yann Guerin |
officer: SVP & Global Head of L&C |
677 WASHINGTON BLVD., SUITE 1100, STAMFORD CT 06901 |
| Werner Barth |
officer: Sr. VP, Marketing and Sales |
120 PARK AVENUE, NEW YORK NY 10017 |
| Lars Dahlgren |
officer: Pres. Smoke-Free Oral Products |
677 WASHINGTON BLVD., STAMFORD CT 06896 |
| Dessislava Temperley |
director |
C/O CIMPRESS PLC, 275 WYMAN STREET, WALTHAM MA 02451 |
| Reginaldo Dobrowolski |
officer: Vice President and Controller |
677 WASHINGTON BLVD, SUITE 1100, STAMFORD CT 06901 |
| Martin G. King |
officer: SVP Operations |
120 PARK AVENUE, NEW YORK NY 10017 |
| Paul Riley |
officer: Pres East Asia & Australia |
120 PARK AVENUE, NEW YORK NY 10017 |
| Drago Azinovic |
officer: Pres., European Union Region |
120 PARK AVENUE, NEW YORK NY 10017 |
| Mario Masseroli |
officer: Pres., Latin America & Canada |
120 PARK AVENUE, NEW YORK NY 10017 |
| Juan J. Daboub |
director |
5100 W. 115TH PLACE, LEAWOOD KS 66211 |
| Shlomo Yanai |
director |
ONE MEADOWLANDS PLAZA, EAST RUTHERFORD NJ 07073 |
| Stacey Kennedy |
officer: Pres. South & Southeast Asia |
120 PARK AVENUE, NEW YORK NY 10017 |
| Charles Bendotti |
officer: Senior VP, Human Resources |
120 PARK AVENUE, NEW YORK NY 10017 |
| Andre Calantzopoulos |
director, officer: President & CEO |
677 WASHINGTON BLVD, SUITE 1100, STAMFORD CT 06901 |
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