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Opus Global (BUD:OPUS) Interest Expense : Ft-1,731 Mil (TTM As of Sep. 2024)


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What is Opus Global Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Opus Global's interest expense for the three months ended in Sep. 2024 was Ft -5,361 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was Ft-1,731 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. Opus Global's Operating Income for the three months ended in Sep. 2024 was Ft 8,531 Mil. Opus Global's Interest Expense for the three months ended in Sep. 2024 was Ft -5,361 Mil. Opus Global's Interest Coverage for the quarter that ended in Sep. 2024 was 1.59. 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.


Opus Global Interest Expense Historical Data

The historical data trend for Opus Global'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.

Opus Global Interest Expense Chart

Opus Global Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4,177.89 -8,588.60 -9,311.77 -14,208.26 -16,255.63

Opus Global Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -10,230.01 13,298.31 -5,644.70 -4,023.70 -5,361.11

Opus Global 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was Ft-1,731 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.


Opus Global  (BUD:OPUS) 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.

Opus Global's Interest Expense for the three months ended in Sep. 2024 was Ft-5,361 Mil. Its Operating Income for the three months ended in Sep. 2024 was Ft8,531 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was Ft229,734 Mil.

Opus Global's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*8530.708/-5361.112
=1.59

* 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.


Opus Global Business Description

Traded in Other Exchanges
Address
59 Andrassy Street, Budapest, HUN, 1062
Opus Global PLC is a holding company manufacturing furnaces and fireplaces, construction activities, developing properties, and operating resorts. The company has structured its operations into the following businesses - industrial manufacturing, agriculture and food industry, Tourism, and asset management segment. The maximum revenue is generated from the industrial manufacturing business. Its geographic segments are Hungary, Germany, Austria, Switzerland, and Montenegro. It generates the majority of its revenue from Hungary.

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