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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Berry Global Group's interest expense for the three months ended in Dec. 2024 was $ -75 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-314 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. Berry Global Group's Operating Income for the three months ended in Dec. 2024 was $ 187 Mil. Berry Global Group's Interest Expense for the three months ended in Dec. 2024 was $ -75 Mil. Berry Global Group's Interest Coverage for the quarter that ended in Dec. 2024 was 2.49. 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.
The historical data trend for Berry Global Group'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.
Berry Global Group Annual Data | |||||||||||||||||||||
Trend | Sep15 | Sep16 | Sep17 | Sep18 | Sep19 | Sep20 | Sep21 | Sep22 | Sep23 | Sep24 | |||||||||||
Interest Expense | Get a 7-Day Free Trial |
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-435.00 | -336.00 | -286.00 | -306.00 | -311.00 |
Berry Global Group Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Interest Expense | Get a 7-Day Free Trial |
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-71.00 | -76.00 | -77.00 | -86.00 | -75.00 |
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 quarterly data reported by the company within the most recent 12 months, which was $-314 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.
Berry Global Group (NYSE:BERY) 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.
Berry Global Group's Interest Expense for the three months ended in Dec. 2024 was $-75 Mil. Its Operating Income for the three months ended in Dec. 2024 was $187 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was $7,868 Mil.
Berry Global Group'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 | * | 187 | / | -75 | |
= | 2.49 |
* 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.
Evan Bayh | director | 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814 |
Peter T Thomas | director | 1000 LAKESIDE AVENUE, CLEVELAND OH 44114 |
Mark W Miles | officer: Executive Vice President | C/O BERRY PLASTICS GROUP, INC., 101 OAKLEY ST., EVANSVILLE IN 47710 |
Robert Allan Steele | director | 1 PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202 |
Jonathan F Foster | director | 777 THIRD AVE, 30TH FL, NEW YORK NY 10017 |
Kevin J. Kwilinski | director, officer: Chief Executive Officer | 101 OAKLEY STREET, EVANSVILLE IN 47714 |
James Till | officer: EVP - Controller | C/O 101 OAKLEY STREET, EVANSVILLE IN 47710 |
Carl J Rickertsen | director | MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182 |
Jason K. Greene | officer: EVP - Chief Legal Officer | C/O BERRY PLASTICS GROUP, INC., 101 OAKLEY ST., EVANSVILLE IN 47710 |
William J Norman | officer: President | C/O BERRY PLASTICS GROUP, INC., 101 OAKLEY STREET, EVANSVILLE IN 47710 |
Michael Edward Hill | officer: President | C/O 101 OAKLEY STREET, EVANSVILLE IN 47710 |
Meredith Harper | director | 101 OAKLEY STREET, EVANSVILLE IN 47710 |
Chaney Sheffield | director | C/O CANYON PARTNERS, LLC, 2000 AVENUE OF THE STARS, 11TH FLOOR, LOS ANGELES CA 90067 |
Tom Salmon | officer: Executive Vice President | C/O BERRY PLASTICS GROUP, INC., 101 OAKLEY ST., EVANSVILLE IN 47710 |
Curt Begle | officer: Executive Vice President | C/O BERRY PLASTICS GROUP, INC., 101 OAKLEY ST., EVANSVILLE IN 47710 |
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