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Delhaize Group (Delhaize Group) Interest Expense : $-215 Mil (TTM As of Mar. 2016)


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What is Delhaize Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Delhaize Group's interest expense for the three months ended in Mar. 2016 was $ -52 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2016 was $-215 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. Delhaize Group's Operating Income for the three months ended in Mar. 2016 was $ 213 Mil. Delhaize Group's Interest Expense for the three months ended in Mar. 2016 was $ -52 Mil. Delhaize Group's Interest Coverage for the quarter that ended in Mar. 2016 was 4.06. 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.

Delhaize Group Interest Expense Historical Data

The historical data trend for Delhaize 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.

* Premium members only.

Delhaize Group Interest Expense Chart

Delhaize Group Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -268.42 -338.58 -258.90 -224.41 -261.44

Delhaize Group Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 -101.73 -53.87 -54.99 -53.38 -52.34

Delhaize Group 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 Mar. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-215 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.

Delhaize Group  (NYSE:DEG) 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.

Delhaize Group's Interest Expense for the three months ended in Mar. 2016 was $-52 Mil. Its Operating Income for the three months ended in Mar. 2016 was $213 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2016 was $2,616 Mil.

Delhaize Group's Interest Coverage for the quarter that ended in Mar. 2016 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2016 )/Interest Expense (Q: Mar. 2016 )
=-1*212.695/-52.339
=4.06

* 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.

Delhaize Group (Delhaize Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Delhaize Group SA (NYSE:DEG) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
Website
http://www.delhaizegroup.com
Delhaize Group SA was founded in Belgium in 1867. It operates food supermarkets. Its conducts its retail operations through its businesses in the United States; Belgium and the Grand Duchy of Luxembourg, collectively as Delhaize Belgium; Greece, Romania and Serbia, collectively as Southeastern Europe; and Indonesia. Its store network also includes other store formats such as proximity, cash and carry and specialty stores. Its competitors include international, national, regional and local supermarket chains, supercenters, independent grocery stores, specialty food stores, warehouse club stores, retail drug chains, convenience stores, membership clubs, general merchandisers, discount retailers and restaurants. Food retail chains generally compete on the basis of location, quality of products, service, price, product variety, store condition and e-commerce offer. The Company's brands include Delhaize, Taste of Inspirations, 365, Care, Delhaize Eco and Delhaize Bio.