Thai Union Group PCL (Thai Union Group PCL) Interest Expense : $-62 Mil (TTM As of Mar. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Thai Union Group PCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Thai Union Group PCL's interest expense for the three months ended in Mar. 2024 was $ -18 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-62 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. Thai Union Group PCL's Operating Income for the three months ended in Mar. 2024 was $ 43 Mil. Thai Union Group PCL's Interest Expense for the three months ended in Mar. 2024 was $ -18 Mil. Thai Union Group PCL's Interest Coverage for the quarter that ended in Mar. 2024 was 2.39. 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.

Thai Union Group PCL Interest Expense Historical Data

The historical data trend for Thai Union Group PCL'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.

Thai Union Group PCL Interest Expense Chart

Thai Union Group PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-62.07

-55.98

-49.76

-54.41

-59.26

Thai Union Group PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-15.45	-15.76	-16.42	-11.46	-18.00

Thai Union Group PCL 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-62 Mil.

Thai Union Group PCL (OTCPK:TUFBY) 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.

Thai Union Group PCL's Interest Expense for the three months ended in Mar. 2024 was $-18 Mil. Its Operating Income for the three months ended in Mar. 2024 was $43 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $1,466 Mil.

Thai Union Group PCL's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	42.98	/	-18.001
	=	2.39

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

Thai Union Group PCL (Thai Union Group PCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Thai Union Group PCL (OTCPK:TUFBY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

TUFUF:USA TU:Thailand NVAP:Germany

Address

72/1 Moo 7, Sethakit 1 Road, Tambon Tarsrai, Amphur Muangsamutsakorn, Samut sakhon, THA, 74000

Website

https://www.thaiunion.com

Thai Union Group PCL is a global seafood-based food products company. The company sells its products locally in Thailand, as well as in North America and Europe. The business categories are ambient seafood (tuna, salmon, sardine, mackerel); frozen and chilled seafood and related product (shrimp, lobster, salmon); and pet care and value-added. In North America, Thai Union's portfolio contains tuna, salmon, and sardines, sold in different varieties under the Chicken of the Sea and Genova brands. In Europe, the company offers seafood and fish products under brands such as John West, Petit Navire, Parmentier, King Oscar, Mareblum, and Rugen Fisch. In Asia-Pacific, the local brands are Century, Sealect, Fisho, Bellotta, and Marvo.

Thai Union Group PCL (Thai Union Group PCL) Headlines

From GuruFocus

Thai Union, Investor Group Led By International Restaurant Executives, And Red Lobster Management Acquire Red Lobster

By PRNewswire PRNewswire • 08-31-2020