Brookfield Business (FRA:C6E) Interest Expense : €-760 Mil (TTM As of Mar. 2024)

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What is Brookfield Business Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Brookfield Business's interest expense for the three months ended in Mar. 2024 was € -193 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-760 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. Brookfield Business's Operating Income for the three months ended in Mar. 2024 was € 137 Mil. Brookfield Business's Interest Expense for the three months ended in Mar. 2024 was € -193 Mil. Brookfield Business's Interest Coverage for the quarter that ended in Mar. 2024 was 0.71. 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.

Brookfield Business Interest Expense Historical Data

The historical data trend for Brookfield Business'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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Brookfield Business Interest Expense Chart

Brookfield Business Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-356.40

-332.91

-185.85

-493.71

-805.13

Brookfield Business Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial												-198.01	-283.36	-282.97	-	-193.20

Brookfield Business 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-760 Mil.

Brookfield Business (FRA:C6E) 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.

Brookfield Business's Interest Expense for the three months ended in Mar. 2024 was €-193 Mil. Its Operating Income for the three months ended in Mar. 2024 was €137 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €7,815 Mil.

Brookfield Business's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	137.08	/	-193.2
	=	0.71

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Brookfield Business Corps earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Brookfield Business (FRA:C6E) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Brookfield Business Corp (FRA:C6E) » Definitions » Interest Expense

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BBUC:USA BBUC:Canada

Address

1055 West Georgia Street, Suite 1500, P.O. Box 11117, Vancouver, BC, CAN, V6E 4N7

Website

https://www.bbu.brookfield.com

Brookfield Business Corp is a company established as a vehicle that owns and operates certain services and industrial operations on a global basis and an alternative vehicle for investors who prefer investing in its operations through a corporate structure. Its goal is to generate returns through long-term capital appreciation with a modest distribution yield.

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