GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Fletcher Building Ltd (OTCPK:FCREY) » Definitions » Interest Expense

FCREY (Fletcher Building) Interest Expense : $-123 Mil (TTM As of Dec. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Fletcher Building Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Fletcher Building's interest expense for the six months ended in Dec. 2024 was $ -20 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-123 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. Fletcher Building's Operating Income for the six months ended in Dec. 2024 was $ -45 Mil. Fletcher Building's Interest Expense for the six months ended in Dec. 2024 was $ -20 Mil. Fletcher Building did not have earnings to cover the interest expense. 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.


Fletcher Building Interest Expense Historical Data

The historical data trend for Fletcher Building'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.

Fletcher Building Interest Expense Chart

Fletcher Building Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -57.38 -34.12 -30.50 -60.12 -90.24

Fletcher Building Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -19.06 -76.07 -19.91 -103.13 -19.54

Fletcher Building 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-123 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.


Fletcher Building  (OTCPK:FCREY) 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.

Fletcher Building's Interest Expense for the six months ended in Dec. 2024 was $-20 Mil. Its Operating Income for the six months ended in Dec. 2024 was $-45 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was $1,529 Mil.

Fletcher Building's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Fletcher Building did not have earnings to cover the interest expense.

* 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.


Fletcher Building Business Description

Address
810 Great South Road, Penrose, Auckland, NTL, NZL, 1061
Fletcher Building is a New Zealand-based building materials company with operations focused in New Zealand, but also extending to Australia. It has a conglomerate structure with diverse operations across concrete, building products, steel, retail distribution, construction, and development. Most revenue is derived from new house construction, with smaller earnings contributions from commercial and infrastructure construction.