Orora (ASX:ORA) Interest Expense : A$-103 Mil (TTM As of Dec. 2024)

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What is Orora Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Orora's interest expense for the six months ended in Dec. 2024 was A$ -52 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was A$-103 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. Orora's Operating Income for the six months ended in Dec. 2024 was A$ 49 Mil. Orora's Interest Expense for the six months ended in Dec. 2024 was A$ -52 Mil. Orora's Interest Coverage for the quarter that ended in Dec. 2024 was 0.95. 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.

Orora Interest Expense Historical Data

The historical data trend for Orora'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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Orora Interest Expense Chart

Orora Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Interest Expense

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-37.70

-22.50

-17.50

-33.20

-97.10

Orora Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial															-21.70	-11.50	-45.70	-51.40	-51.50

Orora 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-103 Mil.

Orora (ASX:ORA) 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.

Orora's Interest Expense for the six months ended in Dec. 2024 was A$-52 Mil. Its Operating Income for the six months ended in Dec. 2024 was A$49 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was A$516 Mil.

Orora's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	49	/	-51.5
	=	0.95

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

Orora Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Orora Ltd (ASX:ORA) » Definitions » Interest Expense

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ORRAF:USA ORRYY:USA OORD:Germany

Address

109-133 Burwood Road, Hawthorn, Melbourne, VIC, AUS, 3122

Website

https://www.ororagroup.com

Orora produces glass bottles and aluminum cans for the beverage industry. In Australia, it manufactures glass bottles for the wine industry, and aluminum cans for soft drink, alcohol, and specialty drink producers. It is the largest aluminum can manufacturer in Australia, producing about two-thirds of volumes. Orora's acquisition of Saverglass in fiscal 2024 has increased its global footprint. Here, it produces glass bottles, mainly for premium and ultrapremium spirit and wine brands in Europe, Mexico, and North America. It is one of four global players in this category. The company sold its more commoditized North American cardboard and plastic packaging segment for AUD 1.8 billion, with the sale of the business completing in late 2024.