BT Group (LSE:BT.A) Interest Expense : £-1,098 Mil (TTM As of Sep. 2023)

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What is BT Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. BT Group's interest expense for the six months ended in Sep. 2023 was £ -586 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was £-1,098 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. BT Group's Operating Income for the six months ended in Sep. 2023 was £ 1,810 Mil. BT Group's Interest Expense for the six months ended in Sep. 2023 was £ -586 Mil. BT Group's Interest Coverage for the quarter that ended in Sep. 2023 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.

BT Group Interest Expense Historical Data

The historical data trend for BT 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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BT Group Interest Expense Chart

BT Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-748.00

-898.00

-732.00

-858.00

-927.00

BT Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Interest Expense	Get a 7-Day Free Trial															-432.00	-426.00	-415.00	-512.00	-586.00

BT 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-1,098 Mil.

BT Group (LSE:BT.A) 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.

BT Group's Interest Expense for the six months ended in Sep. 2023 was £-586 Mil. Its Operating Income for the six months ended in Sep. 2023 was £1,810 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was £22,062 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2023 )	/	Interest Expense (Q: Sep. 2023 )
	=	-1	*	1810	/	-586
	=	3.09

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. BT Group PLC interest coverage is 3.23, which is low.

BT Group (LSE:BT.A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » BT Group PLC (LSE:BT.A) » Definitions » Interest Expense

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BTGOF:USA BTl:UK BTQ:Germany

Address

1 Braham Street, London, GBR, E1 8EE

Website

https://www.bt.com

BT Group is the incumbent telecommunications operator in the U.K. It is the owner of Openreach, the largest fixed-line network in the U.K. Openreach operates as a separate entity due to regulatory requirements but is still 100% owned by BT. Since 2020, Openreach has accelerated its fiber investments and expects to have 90% of the U.K. covered with FTTH by 2026. In the consumer division, BT has approximately 30% market share in broadband and mobile services. The enterprise segment serves large corporations while the global services division provides communications consultancy services.

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