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Pernod Ricard (WBO:RI) Interest Expense : €-458 Mil (TTM As of Jun. 2024)


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What is Pernod Ricard Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Pernod Ricard's interest expense for the six months ended in Jun. 2024 was € -239 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-458 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. Pernod Ricard's Operating Income for the six months ended in Jun. 2024 was € 966 Mil. Pernod Ricard's Interest Expense for the six months ended in Jun. 2024 was € -239 Mil. Pernod Ricard's Interest Coverage for the quarter that ended in Jun. 2024 was 4.04. 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.

Pernod Ricard Interest Expense Historical Data

The historical data trend for Pernod Ricard'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.

Pernod Ricard Interest Expense Chart

Pernod Ricard Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -354.00 -274.00 -248.00 -279.00 -458.00

Pernod Ricard Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -134.00 -149.00 -130.00 -219.00 -239.00

Pernod Ricard 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 semi-annually data reported by the company within the most recent 12 months, which was €-458 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.

Pernod Ricard  (WBO:RI) 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.

Pernod Ricard's Interest Expense for the six months ended in Jun. 2024 was €-239 Mil. Its Operating Income for the six months ended in Jun. 2024 was €966 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was €11,392 Mil.

Pernod Ricard'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*966/-239
=4.04

* 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.

Pernod Ricard Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Pernod Ricard SA (WBO:RI) » Definitions » Interest Expense
Comparable Companies
XPAR:RCO XPAR:SBT XPAR:LPE XPAR:MBWS XPAR:ALLAN XPAR:VRAP XPAR:ALAVI XPAR:MLCAC SHSE:600519 SZSE:000858 LSE:DGE SHSE:600809 SZSE:000568 BF.B SZSE:002304 BOM:532432 SZSE:000596 SGX:Y92 SHSE:603369 MIL:CPR
Traded in Other Exchanges
PRNDY:USA PDRDF:USA RIp:UK 0HAT:UK RI:France PER:Germany
Address
5, Cours Paul Ricard, Paris, FRA, 75008
Website
https://www.pernod-ricard.com
Pernod Ricard was formed in 1975 through the merger of Pernod, founded in 1805 and Ricard, created in 1932. Through acquisitions, the firm has grown to become the world's second-largest distiller by volume, behind Diageo. Pernod Ricard possesses the most comprehensive spirits portfolio globally, distributing over 240 brands across 160 countries. Flagship spirits brands include Absolut vodka, Beefeater gin, Chivas Regal and The Glenlivet scotch whisky, Jameson Irish whiskey, Malibu rum, and Martell cognac. The firm has also shed noncore assets over the years, including several wine brands in 2024.

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