Veolia Environnement (WBO:VIE) Interest Expense : €-874 Mil (TTM As of Dec. 2023)

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What is Veolia Environnement Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Veolia Environnement's interest expense for the six months ended in Dec. 2023 was € -448 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-874 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. Veolia Environnement's Operating Income for the six months ended in Dec. 2023 was € 1,598 Mil. Veolia Environnement's Interest Expense for the six months ended in Dec. 2023 was € -448 Mil. Veolia Environnement's Interest Coverage for the quarter that ended in Dec. 2023 was 3.56. 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.

Veolia Environnement Interest Expense Historical Data

The historical data trend for Veolia Environnement'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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Veolia Environnement Interest Expense Chart

Veolia Environnement Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-501.80

-466.90

-414.80

-653.00

-874.00

Veolia Environnement 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															-216.10	-342.00	-311.00	-425.70	-448.30

Veolia Environnement 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 €-874 Mil.

Veolia Environnement (WBO:VIE) 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.

Veolia Environnement's Interest Expense for the six months ended in Dec. 2023 was €-448 Mil. Its Operating Income for the six months ended in Dec. 2023 was €1,598 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €18,315 Mil.

Veolia Environnement'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	*	1597.7	/	-448.3
	=	3.56

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

Veolia Environnement (WBO:VIE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Veolia Environnement SA (WBO:VIE) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

VEOEY:USA VEOEF:USA VIEp:UK 0NY8:UK VIE:France VVD:Germany

Address

30, rue Madeleine Vionnet, Aubervilliers, FRA, 93300

Website

http://www.veolia.com

Veolia is the largest water company globally and a leading player in France. It is also involved in waste management with a significant exposure to France, the United Kingdom, Germany, the United States, and Australia. The third pillar of the group is energy services, giving the group significant exposure to Central Europe. Veolia started to refocus its activities in 2011, leading to the exit of almost half of its countries and of its transport activity. The integration of most activities of the historical rival Suez in 2022 drove a turnover increase of nearly 40%.