United Breweries (BOM:532478) Interest Expense : ₹-62 Mil (TTM As of Dec. 2023)

View and export this data going back to 2002. Start your Free Trial

What is United Breweries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. United Breweries's interest expense for the three months ended in Dec. 2023 was ₹ -21 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-62 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. United Breweries's Operating Income for the three months ended in Dec. 2023 was ₹ 942 Mil. United Breweries's Interest Expense for the three months ended in Dec. 2023 was ₹ -21 Mil. United Breweries's Interest Coverage for the quarter that ended in Dec. 2023 was 45.93. 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.

United Breweries Interest Expense Historical Data

The historical data trend for United Breweries'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.

United Breweries Interest Expense Chart

United Breweries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

Get a 7-Day Free Trial

-306.30

-304.70

-224.40

-146.40

-44.30

United Breweries 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															-16.00	-10.10	-16.60	-14.30	-20.50

United Breweries 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 ₹-62 Mil.

United Breweries (BOM:532478) 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.

United Breweries's Interest Expense for the three months ended in Dec. 2023 was ₹-21 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹942 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0 Mil.

United Breweries'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	*	941.6	/	-20.5
	=	45.93

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. United Breweries Ltd has enough cash to cover all of its debt. Its financial situation is stable.

United Breweries (BOM:532478) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » United Breweries Ltd (BOM:532478) » Definitions » Interest Expense

Traded in Other Exchanges

UBL:India

Address

No. 24 Vittal Mallya Road, UB Tower, UB City, Bengaluru, KA, IND, 560 001

Website

https://www.unitedbreweries.com

United Breweries Ltd brews and sells beer and flavored malt beverages in India. The company has dozens of production facilities in India, and it licenses its brands to be manufactured in the United Kingdom, Australia, and New Zealand for sale worldwide. The company's flagship brand is Kingfisher, which is prominent in India and is sold in dozens of countries around the world. It has two segments Beer and Non-alcoholic beverages. It derives the majority of its revenue from the Beer segment. The company's other brands include Bullet, Cannon 10000, Kalyani, UB Export, Zingaroo, and London Pilsner. United Breweries also sells the Heineken brand in India.

United Breweries (BOM:532478) Headlines

No Headlines