Tesco (TSCDY) Interest Expense

: $-1,036 Mil (TTM As of Feb. 2024)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tesco's interest expense for the six months ended in Feb. 2024 was $ -511 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was $-1,036 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. Tesco's Operating Income for the six months ended in Feb. 2024 was $ 1,691 Mil. Tesco's Interest Expense for the six months ended in Feb. 2024 was $ -511 Mil. Tesco's Interest Coverage for the quarter that ended in Feb. 2024 was 3.31. 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.

Tesco Interest Expense Historical Data

The historical data trend for Tesco'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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Tesco Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Interest Expense

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-935.23

-963.94

-882.27

-781.40

-1,032.83

Tesco Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Interest Expense	Get a 7-Day Free Trial															-433.02	-368.86	-409.42	-524.78	-511.36

Tesco 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 Feb. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-1,036 Mil.

Tesco (OTCPK:TSCDY) 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.

Tesco's Interest Expense for the six months ended in Feb. 2024 was $-511 Mil. Its Operating Income for the six months ended in Feb. 2024 was $1,691 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Feb. 2024 was $16,062 Mil.

Tesco's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Feb. 2024 )	/	Interest Expense (Q: Feb. 2024 )
	=	-1	*	1690.657	/	-511.364
	=	3.31

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

Tesco (TSCDY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Tesco PLC (OTCPK:TSCDY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

TSCDF:USA TSCOl:UK TSCO:UK TCO0:Germany TCO0:Germany TCO0:Germany TCO0:Germany

Address

Kestrel Way, Tesco House, Shire Park, Welwyn Garden, GBR, AL7 1GA

Website

https://www.tescoplc.com

Tesco is one of the largest food retailers in the world, operating thousands of stores in the United Kingdom, Ireland, and Europe. According to Kantar, Tesco is the market leader in the U.K. with a share of more than 27%, roughly double that of Asda or Sainsbury's. Tesco operates a core supermarket business in addition to convenience and neighborhood outlets. With a 35% digital market share in the U.K., the company holds a dominant position online. Tesco gained exposure to the cash-and-carry and out-of-home delivering industries with the landmark GBP 4 billion acquisition of Booker in 2018.