Fletcher Building (Fletcher Building) Interest Expense : $-96 Mil (TTM As of Dec. 2023)

View and export this data going back to . 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. 2023 was $ -20 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-96 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. 2023 was $ 3 Mil. Fletcher Building's Interest Expense for the six months ended in Dec. 2023 was $ -20 Mil. Fletcher Building's Interest Coverage for the quarter that ended in Dec. 2023 was 0.16. 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

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

Get a 7-Day Free Trial

-72.61

-57.38

-34.12

-30.50

-60.12

Fletcher Building 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															-20.35	-47.01	-19.06	-76.07	-19.91

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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-96 Mil.

Fletcher Building (OTCPK:FRCEF) 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.

Fletcher Building's Interest Expense for the six months ended in Dec. 2023 was $-20 Mil. Its Operating Income for the six months ended in Dec. 2023 was $3 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $2,179 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	3.111	/	-19.913
	=	0.16

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

Fletcher Building (Fletcher Building) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

FCREY:USA FBU:New Zealand FLQ:Germany FBU:Australia

Address

810 Great South Road, Penrose, Auckland, NTL, NZL, 1061

Website

https://www.fletcherbuilding.com

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. Having previously expanded internationally through acquisitions, operations have gradually refocused on the New Zealand and Australian businesses.