Flutter Entertainment (FRA:PPB) Interest Expense : €-395 Mil (TTM As of Dec. 2023)

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What is Flutter Entertainment Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Flutter Entertainment's interest expense for the six months ended in Dec. 2023 was € -225 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-395 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. Flutter Entertainment's Operating Income for the six months ended in Dec. 2023 was € -751 Mil. Flutter Entertainment's Interest Expense for the six months ended in Dec. 2023 was € -225 Mil. Flutter Entertainment 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.

Flutter Entertainment Interest Expense Historical Data

The historical data trend for Flutter Entertainment'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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Flutter Entertainment Interest Expense Chart

Flutter Entertainment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-17.94

-157.62

-196.47

-206.74

-394.31

Flutter Entertainment Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-105.59	-65.63	-141.24	-170.09	-225.33

Flutter Entertainment 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-395 Mil.

Flutter Entertainment (FRA:PPB) 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.

Flutter Entertainment's Interest Expense for the six months ended in Dec. 2023 was €-225 Mil. Its Operating Income for the six months ended in Dec. 2023 was €-751 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €6,748 Mil.

Flutter Entertainment's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Flutter Entertainment did not have earnings to cover the interest expense.

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

Flutter Entertainment (FRA:PPB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Flutter Entertainment PLC (FRA:PPB) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

PDYPY:USA PDYPF:USA FLTR:Ireland FLTRl:UK FLTR:UK PPB:Germany

Address

Beech Hill Road, Belfield Office Park, Clonskeagh, Dublin, IRL, 4

Website

https://www.flutter.com

Flutter Entertainment PLC is a global sports betting, gaming, and entertainment provider. The company's segments include PBB Online, which provides betting apps in over 100 countries as well as business-to-business risk and trading services; Australia, which consists of the Sportsbet Australian brand for betting on national sporting events; U.S., which includes betting apps, retail-only betting, and daily fantasy sports; and PBB Retail, which includes betting shops in the U.K. and Ireland and an accompanying app. PBB Online makes up the largest revenue segment.

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