Weyerhaeuser Co (Weyerhaeuser Co) Interest Coverage

: 3.17 (As of Dec. 2023)

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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 by its Interest Expense. Weyerhaeuser Co's Operating Income for the three months ended in Dec. 2023 was $228 Mil. Weyerhaeuser Co's Interest Expense for the three months ended in Dec. 2023 was $-72 Mil. Weyerhaeuser Co's interest coverage for the quarter that ended in Dec. 2023 was 3.17. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Weyerhaeuser Co's Interest Coverage or its related term are showing as below:

WY' s Interest Coverage Range Over the Past 10 Years
Min: 1.97 Med: 3.71 Max: 11.48
Current: 4.1

WY's Interest Coverage is ranked better than
62.98% of 678 companies
in the REITs industry
Industry Median: 3 vs WY: 4.10

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Weyerhaeuser Co Interest Coverage Historical Data

The historical data trend for Weyerhaeuser Co's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Weyerhaeuser Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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1.97

3.66

11.43

11.48

4.03

Weyerhaeuser Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Coverage	Get a 7-Day Free Trial															4.39	3.61	4.70	4.89	3.17

Competitive Comparison

For the REIT - Specialty subindustry, Weyerhaeuser Co's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Weyerhaeuser Co Interest Coverage Distribution

For the REITs industry and Real Estate sector, Weyerhaeuser Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Weyerhaeuser Co's Interest Coverage falls into.

Weyerhaeuser Co Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage

-1

Operating Income

Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt ⁽¹⁾.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Weyerhaeuser Co's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Weyerhaeuser Co's Interest Expense was $-280 Mil. Its Operating Income was $1,127 Mil. And its Long-Term Debt & Capital Lease Obligation was $5,069 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	1127	/	-280
	=	4.03

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

Here, for the three months ended in Dec. 2023, Weyerhaeuser Co's Interest Expense was $-72 Mil. Its Operating Income was $228 Mil. And its Long-Term Debt & Capital Lease Obligation was $5,069 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	228	/	-72
	=	3.17

The higher the ratio, the stronger the company's Financial Strength is.

Weyerhaeuser Co (NYSE:WY) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .

Weyerhaeuser Co Interest Coverage Related Terms

Thank you for viewing the detailed overview of Weyerhaeuser Co's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

Weyerhaeuser Co (Weyerhaeuser Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Weyerhaeuser Co (NYSE:WY) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

WHC:Germany WHC:Germany

Address

220 Occidental Avenue South, Seattle, WA, USA, 98104-7800

Website

https://www.weyerhaeuser.com

Weyerhaeuser ranks among the world's largest forest product companies. Following the 2016 sale of its pulp business to International Paper, Weyerhaeuser operates three business segments: timberlands, wood products, and real estate. Weyerhaeuser is structured as a real estate investment trust and is not required to pay federal income taxes on earnings generated by timber harvest activities. Earnings from its wood products segment are subject to federal income tax. Weyerhaeuser acquired fellow timber REIT Plum Creek in 2016.

Executives

David M Wold	officer: VP & Chief Accounting Officer	C/O WEYERHAEUSER COMPANY, 220 OCCIDENTAL AVENUE SOUTH, SEATTLE WA 98104
Keith O'rear	officer: Senior Vice President	C/O WEYERHAEUSER COMPANY, 220 OCCIDENTAL AVENUE SOUTH, SEATTLE WA 98104
Denise M Merle	officer: Senior Vice President	C/O WEYERHAEUSER COMPANY, 220 OCCIDENTAL AVENUE SOUTH, SEATTLE WA 98104
Devin W Stockfish	director, officer: President and CEO	C/O WEYERHAEUSER COMPANY, 220 OCCIDENTAL AVENUE SOUTH, SEATTLE WA 98104
James Calvin O'rourke	director	C/O THE MOSAIC COMPANY, 101 EAST KENNEDY BLVD., SUITE 2500, TAMPA FL 33602
Albert Monaco	director	#3000, 425 - 1ST STREET SW, CALGARY A0 T2P 3L8
Travis A Keatley	officer: Senior Vice President	220 OCCIDENTAL AVE SOUTH, SEATTLE WA 98104
Adrian M Blocker	officer: Senior Vice President	C/O WEYERHAEUSER COMPANY, 220 OCCIDENTAL AVENUE SOUTH, SEATTLE WA 98104
Nancy S. Loewe	officer: Senior Vice President and CFO	351 PHELPS DRIVE, IRVING TX 75038
Russell S Hagen	officer: Senior Vice President and CFO	C/O WEYERHAEUSER COMPANY, 220 OCCIDENTAL AVENUE SOUTH, SEATTLE WA 98104
Deidra C Merriwether	director	100 GRAINGER PARKWAY, LAKE FOREST IL 60045
Nicole Weyerhaeuser Piasecki	director	2000 WELLS FARGO PLACE, 30 EAST 7TH STREET, SAINT PAUL MN 55101-4930
James A Kilberg	officer: Senior Vice President	C/O WEYERHAEUSER COMPANY, 220 OCCIDENTAL AVENUE SOUTH, SEATTLE WA 98104
Marc F Racicot	director	1411 E. MISSION AVENUE, SPOKANE WA 99202
Lawrence A Selzer	director	C/O WEYERHAEUSER COMPANY, 220 OCCIDENTAL AVENUE SOUTH, SEATTLE WA 98104