VRG (WAR:VRG) Interest Expense : zł-11 Mil (TTM As of Dec. 2023)

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What is VRG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. VRG's interest expense for the three months ended in Dec. 2023 was zł -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was zł-11 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. VRG's Operating Income for the three months ended in Dec. 2023 was zł 48 Mil. VRG's Interest Expense for the three months ended in Dec. 2023 was zł -3 Mil. VRG's Interest Coverage for the quarter that ended in Dec. 2023 was 16.96. 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.

VRG Interest Expense Historical Data

The historical data trend for VRG'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.

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VRG Interest Expense Chart

VRG Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-9.19

-8.22

-7.28

-9.93

-10.49

VRG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.67	-2.92	-2.69	-2.53	-2.86

VRG 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 quarterly data reported by the company within the most recent 12 months, which was zł-11 Mil.

VRG (WAR:VRG) 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.

VRG's Interest Expense for the three months ended in Dec. 2023 was zł-3 Mil. Its Operating Income for the three months ended in Dec. 2023 was zł48 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was zł182 Mil.

VRG'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	*	48.496	/	-2.86
	=	16.96

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

VRG (WAR:VRG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » VRG SA (WAR:VRG) » Definitions » Interest Expense

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Address

10 Pilotow Street, Cracow, POL, 31-462

Website

https://www.vrg.pl

VRG SA is a Poland-based holding that specializes in the design, manufacture, and distribution of men's clothing and accessories. The company's operating segment includes Apparel and Jewellery. It generates maximum revenue from the Apparel segment. Geographically, it derives a majority of revenue from Poland. The company's brands include Vistula, Vistula Red, Lantier, Vesari, Wolczanka, Lambert, and other brand names.

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