Verallia (Verallia) Interest Expense : $-84 Mil (TTM As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Verallia Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Verallia's interest expense for the six months ended in Dec. 2023 was $ -43 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-84 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. Verallia's Operating Income for the six months ended in Dec. 2023 was $ 305 Mil. Verallia's Interest Expense for the six months ended in Dec. 2023 was $ -43 Mil. Verallia's Interest Coverage for the quarter that ended in Dec. 2023 was 7.04. 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.

Verallia Interest Expense Historical Data

The historical data trend for Verallia'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.

Verallia Interest Expense Chart

Verallia Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-88.22

-54.38

-43.39

-39.83

-84.08

Verallia Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial									-20.45	-18.50	-21.29	-40.52	-43.29

Verallia 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-84 Mil.

Verallia (OTCPK:VRLAF) 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.

Verallia's Interest Expense for the six months ended in Dec. 2023 was $-43 Mil. Its Operating Income for the six months ended in Dec. 2023 was $305 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $1,743 Mil.

Verallia's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	304.58	/	-43.293
	=	7.04

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

Verallia (Verallia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Verallia (OTCPK:VRLAF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

0ABH:UK VRLA:France 1VRA:Germany VRLA:Austria

Address

31 Place des Corolles, Tour Carpe Diem, Esplanade Nord, Courbevoie, FRA, 92400

Website

https://www.verallia.com

Verallia is a manufacturer of glass containers for the food and beverage industries. As a global supplier and partner for its customers in the wine, spirits and food markets.

Verallia (Verallia) Headlines

From GuruFocus

Full Year 2023 Verallia SA Earnings Call Transcript

By GuruFocus Research • 02-28-2024