Kerry Group (Kerry Group) Interest Expense : $-82 Mil (TTM As of Dec. 2023)

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What is Kerry Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kerry Group's interest expense for the six months ended in Dec. 2023 was $ -44 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-82 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. Kerry Group's Operating Income for the six months ended in Dec. 2023 was $ -3,398 Mil. Kerry Group's Interest Expense for the six months ended in Dec. 2023 was $ -44 Mil. Kerry Group 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.

Kerry Group Interest Expense Historical Data

The historical data trend for Kerry 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.

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Kerry Group Interest Expense Chart

Kerry Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-95.11

-89.42

-81.13

-78.71

-82.23

Kerry Group 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															-40.90	-37.63	-41.00	-37.92	-44.06

Kerry 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-82 Mil.

Kerry Group (OTCPK:KRYAY) 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.

Kerry Group's Interest Expense for the six months ended in Dec. 2023 was $-44 Mil. Its Operating Income for the six months ended in Dec. 2023 was $-3,398 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $2,699 Mil.

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

Kerry Group did not have earnings to cover the interest expense.

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

Kerry Group (Kerry Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kerry Group PLC (OTCPK:KRYAY) » Definitions » Interest Expense

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Traded in Other Exchanges

KRYAF:USA KRZ:Ireland KYGAl:UK KYGA:UK KRZA:Germany KRZA:Germany KRZ:Germany KRZ:Germany

Address

Prince's Street, Tralee, Kerry, IRL, V92 EH11

Website

https://www.kerry.com

Kerry Group is a global leader in taste and ingredient technology servicing the food, beverage, and pharmaceutical sectors. The company has more than 200 locations that supply clients in more than 50 countries. It gets around 80% of its revenue from developed countries and 20% from the developing world, servicing a wide range of end-use sectors, such as meat, meals, snacks, dairy, drinks, and pharmaceuticals. Kerry has expanded through a combination of organic development and multiple tuck-in acquisitions.