Britvic (Britvic) Interest Expense : $-29 Mil (TTM As of Sep. 2023)

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What is Britvic Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Britvic's interest expense for the six months ended in Sep. 2023 was $ -15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-29 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. Britvic's Operating Income for the six months ended in Sep. 2023 was $ 125 Mil. Britvic's Interest Expense for the six months ended in Sep. 2023 was $ -15 Mil. Britvic's Interest Coverage for the quarter that ended in Sep. 2023 was 8.26. 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.

Britvic Interest Expense Historical Data

The historical data trend for Britvic'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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Britvic Interest Expense Chart

Britvic Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Expense

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-25.00

-26.94

-24.18

-20.27

-29.70

Britvic Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Interest Expense	Get a 7-Day Free Trial															-10.17	-10.80	-10.99	-14.32	-15.10

Britvic 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-29 Mil.

Britvic (OTCPK:BTVCF) 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.

Britvic's Interest Expense for the six months ended in Sep. 2023 was $-15 Mil. Its Operating Income for the six months ended in Sep. 2023 was $125 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was $756 Mil.

Britvic's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2023 )	/	Interest Expense (Q: Sep. 2023 )
	=	-1	*	124.752	/	-15.099
	=	8.26

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

Britvic (Britvic) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Britvic PLC (OTCPK:BTVCF) » Definitions » Interest Expense

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Traded in Other Exchanges

BTVCY:USA BVICl:UK BVIC:UK B6S:Germany

Address

Breakspear Way, Breakspear Park, Hemel Hempstead, Hertfordshire, GBR, HP2 4TZ

Website

https://www.britvic.com

Britvic PLC manufactures and sells nonalcoholic beverages, predominantly in Great Britain, France, and Ireland. In Great Britain and Ireland, the company sells PepsiCo brands in addition to its own Britvic brands. Britvic brands include Robinsons, J2O, Tango, Fruit Shoot and others. In France, it sells its own brands, including Teisseire, as well as private-label juices and syrups. The company also has a small international business that sells in dozens of countries, including India, the United States, and Brazil, where Britvic bought the Ebba company and now owns the Maguary and Dafruta brands. Majority of the company's total revenue is from sales in Great Britain. Britvic predominantly distributes its products to supermarkets.

Britvic (Britvic) Headlines

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