WPP (WPP) Interest Expense

: $-492 Mil (TTM As of Dec. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. WPP's interest expense for the six months ended in Dec. 2023 was $ -200 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-492 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. WPP's Operating Income for the six months ended in Dec. 2023 was $ 285 Mil. WPP's Interest Expense for the six months ended in Dec. 2023 was $ -200 Mil. WPP's Interest Coverage for the quarter that ended in Dec. 2023 was 1.42. 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.

WPP Interest Expense Historical Data

The historical data trend for WPP'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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WPP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-470.64

-419.36

-377.13

-437.76

-492.41

WPP 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																-181.38	-178.45	-261.27	-291.29	-200.38

WPP 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 $-492 Mil.

WPP (NYSE:WPP) 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.

WPP's Interest Expense for the six months ended in Dec. 2023 was $-200 Mil. Its Operating Income for the six months ended in Dec. 2023 was $285 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $7,136 Mil.

WPP'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	*	284.684	/	-200.38
	=	1.42

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

WPP (WPP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » WPP PLC (NYSE:WPP) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

WPPGF:USA WPPl:UK WPP:UK 0WP:Germany 0WP:Germany

Address

18 Upper Ground, Sea Containers, London, GBR, SE1 9GL

Website

https://www.wpp.com

Headquartered in the United Kingdom, WPP is the world's largest ad holding company, based on annual revenues. WPP's services, which include traditional and digital advertising, public relations, and consulting, are provided worldwide, with over 70% of its revenue coming from more developed regions such as North America, the U.K., and Western Europe.