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British American Tobacco (LSE:BATS) Interest Expense : £-1,822 Mil (TTM As of Dec. 2024)


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What is British American Tobacco Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. British American Tobacco's interest expense for the six months ended in Dec. 2024 was £ -1,517 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was £-1,822 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. British American Tobacco's Operating Income for the six months ended in Dec. 2024 was £ 4,688 Mil. British American Tobacco's Interest Expense for the six months ended in Dec. 2024 was £ -1,517 Mil. British American Tobacco's Interest Coverage for the quarter that ended in Dec. 2024 was 3.09. 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.


British American Tobacco Interest Expense Historical Data

The historical data trend for British American Tobacco'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.

British American Tobacco Interest Expense Chart

British American Tobacco Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,784.00 -1,491.00 -1,663.00 -1,887.00 -1,822.00

British American Tobacco 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 -846.00 -921.00 -966.00 -305.00 -1,517.00

British American Tobacco 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 £-1,822 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.


British American Tobacco  (LSE:BATS) 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.

British American Tobacco's Interest Expense for the six months ended in Dec. 2024 was £-1,517 Mil. Its Operating Income for the six months ended in Dec. 2024 was £4,688 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was £32,638 Mil.

British American Tobacco's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*4688/-1517
=3.09

* 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.


British American Tobacco Business Description

Address
Globe House, 4 Temple Place, London, GBR, WC2R 2PG
The second-largest tobacco company by volume, British American Tobacco sold 505 billion cigarettes in 2024. Its leading brands are Dunhill, Kent, Pall Mall, Lucky Strike, and Rothmans in cigarettes. Its ownership of the Camel, Natural American Spirit, and Newport brands are limited to the us. In next-generation products, the company has the Vuse brand in vaping, Glo in heated tobacco, and Velo in modern oral tobacco. The company also owns a 25.5% stake in ITC limited, the largest Indian cigarette company.

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