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Wienerberger AG (WBO:WIE) Interest Expense : €-79 Mil (TTM As of Dec. 2023)


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What is Wienerberger AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wienerberger AG's interest expense for the three months ended in Dec. 2023 was € -24 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-79 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. Wienerberger AG's Operating Income for the three months ended in Dec. 2023 was € 34 Mil. Wienerberger AG's Interest Expense for the three months ended in Dec. 2023 was € -24 Mil. Wienerberger AG's Interest Coverage for the quarter that ended in Dec. 2023 was 1.44. 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.


Wienerberger AG Interest Expense Historical Data

The historical data trend for Wienerberger AG'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.

* Premium members only.

Wienerberger AG Interest Expense Chart

Wienerberger AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -42.02 -37.86 -40.34 -48.50 -76.30

Wienerberger AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -12.35 -16.72 -19.23 -19.50 -23.78

Wienerberger AG 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 €-79 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.


Wienerberger AG  (WBO:WIE) 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.

Wienerberger AG's Interest Expense for the three months ended in Dec. 2023 was €-24 Mil. Its Operating Income for the three months ended in Dec. 2023 was €34 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was €1,275 Mil.

Wienerberger AG'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*34.28/-23.777
=1.44

* 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.


Wienerberger AG (WBO:WIE) Business Description

Address
Wienerbergerplatz 1, Vienna, AUT, 1100
Wienerberger AG manufactures and sells building materials to the residential construction industry. The company's product portfolio includes clay blocks, facing bricks, roof tiles, plastic and ceramic pipes, and concrete pavers, among others. The business is divided into three operating segments based on the product and geographic locations: Wienerberger Building Solutions, Wienerberger Piping Solutions, and North America. A vast majority of the company's revenue is generated by the Wienerberger Building Solutions segment, which is engaged in providing ceramic solutions for building envelope and includes concrete paver activities. The company earns most of its revenue in Europe.
Executives
Heimo Scheuch Board of Directors
Dr. Thomas Birtel Supervisory Board
Marc Grynberg Supervisory Board
Oswald Schmid Supervisory Board
Gerhard Hanke Board of Directors
Harald Schwarzmayr Board of Directors
Solveig Menard-galli Board of Directors
Peter Steiner Supervisory Board

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