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Laurent-Perrier (LTS:0MV6) Interest Expense : €-11.8 Mil (TTM As of Sep. 2024)


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What is Laurent-Perrier Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Laurent-Perrier's interest expense for the six months ended in Sep. 2024 was € -7.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was €-11.8 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. Laurent-Perrier's Operating Income for the six months ended in Sep. 2024 was € 38.7 Mil. Laurent-Perrier's Interest Expense for the six months ended in Sep. 2024 was € -7.1 Mil. Laurent-Perrier's Interest Coverage for the quarter that ended in Sep. 2024 was 5.41. 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.

Laurent-Perrier Interest Expense Historical Data

The historical data trend for Laurent-Perrier'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.

Laurent-Perrier Interest Expense Chart

Laurent-Perrier Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.10 -7.05 -7.26 -5.82 -9.39

Laurent-Perrier Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 -2.69 -3.13 -4.71 -4.68 -7.14

Laurent-Perrier 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-11.8 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.

Laurent-Perrier  (LTS:0MV6) 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.

Laurent-Perrier's Interest Expense for the six months ended in Sep. 2024 was €-7.1 Mil. Its Operating Income for the six months ended in Sep. 2024 was €38.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was €0.0 Mil.

Laurent-Perrier's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*38.65/-7.14
=5.41

* 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.

Laurent-Perrier Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Laurent-Perrier (LTS:0MV6) » Definitions » Interest Expense
Comparable Companies
XPAR:SBT XPAR:MBWS XPAR:ALLAN XPAR:VRAP XPAR:ALAVI XPAR:MLCAC XPAR:RCO SHSE:600519 SZSE:000858 LSE:DGE SHSE:600809 XPAR:RI SZSE:000568 BF.B SZSE:002304 BOM:532432 SZSE:000596 SGX:Y92 SHSE:603369 MIL:CPR
Traded in Other Exchanges
LPE:France LPE:Germany LPE:Germany
Address
32, Avenue de Champagne, Tours-sur-Marne, FRA, F-51150
Website
https://www.laurent-perrier.com
Laurent-Perrier is a French company which is active in the production and sale of champagne. The company's products are sold under four main brands namely LaurentPerrier, Salon, Delamotte, and Champagne de Castellane. It exports its products through specialized distribution channels such as cafes, hotels and restaurants, wine merchants, and direct sales. The company has organized its business into three different types of entity i.e. champagne houses including Champagne Laurent Perrier and Champagne de Castellane; distribution subsidiaries or subsidiaries or branches in France and several foreign markets and vineyards, held either directly through real-estate companies. The company generates its revenue through wholesale sales to distributors and agents and retail sales.

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