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Smurfit WestRock (LSE:SWR) Interest Expense : £-123 Mil (TTM As of Jun. 2024)


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What is Smurfit WestRock Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Smurfit WestRock's interest expense for the six months ended in Jun. 2024 was £ -46 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was £-123 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. Smurfit WestRock's Operating Income for the six months ended in Jun. 2024 was £ -0 Mil. Smurfit WestRock's Interest Expense for the six months ended in Jun. 2024 was £ -46 Mil. Smurfit WestRock 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.

Smurfit WestRock Interest Expense Historical Data

The historical data trend for Smurfit WestRock'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.

Smurfit WestRock Interest Expense Chart

Smurfit WestRock Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -160.68 -128.11 -108.98 -139.11 -155.44

Smurfit WestRock Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -60.22 -78.22 -78.32 -77.32 -45.59

Smurfit WestRock 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-123 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.

Smurfit WestRock  (LSE:SWR) 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.

Smurfit WestRock's Interest Expense for the six months ended in Jun. 2024 was £-46 Mil. Its Operating Income for the six months ended in Jun. 2024 was £-0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was £4,751 Mil.

Smurfit WestRock's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Smurfit WestRock did not have earnings to cover the interest expense.

* 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.

Smurfit WestRock Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Smurfit WestRock PLC (LSE:SWR) » Definitions » Interest Expense
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Address
Beech Hill, Clonskeagh, Dublin 4, IRL, D04 N2R2
Website
https://www.smurfitkappa.com
Smurfit Kappa Group PLC manufactures and sells paper-based packaging products. The company owns mills that produce containerboard, which is then shipped to the company's plants, where it is converted into corrugated packaging products. The packaging products include solid board, sack kraft paper, and folding cartons. The firm organizes itself into two segments based on geography: Europe and the Americas. The Europe segment generates the majority of the revenue. The Americas segment owns forestland in Latin America, where Smurfit Kappa harvests timber for its mills.

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