Vector Group (STU:VGR) Interest Expense : €-100 Mil (TTM As of Jun. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Vector Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vector Group's interest expense for the three months ended in Jun. 2024 was € -25 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-100 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. Vector Group's Operating Income for the three months ended in Jun. 2024 was € 91 Mil. Vector Group's Interest Expense for the three months ended in Jun. 2024 was € -25 Mil. Vector Group's Interest Coverage for the quarter that ended in Jun. 2024 was 3.68. 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.

Vector Group Interest Expense Historical Data

The historical data trend for Vector 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.

* Premium members only.

Vector Group Interest Expense Chart

Vector Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-123.79

-99.69

-99.76

-104.47

-99.60

Vector Group Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Interest Expense	Get a 7-Day Free Trial															-25.04	-25.54	-24.54	-25.25	-24.70

Vector 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-100 Mil.

Vector Group (STU:VGR) 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.

Vector Group's Interest Expense for the three months ended in Jun. 2024 was €-25 Mil. Its Operating Income for the three months ended in Jun. 2024 was €91 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was €1,284 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2024 )	/	Interest Expense (Q: Jun. 2024 )
	=	-1	*	90.911	/	-24.696
	=	3.68

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

Vector Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Vector Group Ltd (STU:VGR) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

VGR:USA VGR:Germany

Address

4400 Biscayne Boulevard, 10th Floor, Miami, FL, USA, 33137

Website

https://www.vectorgroupltd.com

Vector Group Ltd is a holding company whose subsidiaries--Liggett Group, Vector Tobacco, and New Valley sell tobacco products and invest in real estate. The Liggett Group and Vector Tobacco subsidiaries sell cigarettes, in the discount segment, in the United States under brand names Eagle 20's, Pyramid, Grand Prix, Liggett Select, and Eve. New Valley, invests in real estate. Tobacco accounts for more than half of total company revenue.