What is Aramark Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aramark's interest expense for the
three
months ended in Dec. 2023 was $ -115 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-454 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. Aramark's Operating Income for the
three
months ended in Dec. 2023 was $ 167 Mil. Aramark's Interest Expense for the
three
months ended in Dec. 2023 was $ -115 Mil.
Aramark's Interest Coverage for the quarter that ended in Dec. 2023 was 1.46.
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.
Aramark 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 $-454 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.
Aramark (NYSE:ARMK) 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.
Aramark's Interest Expense for the
three
months ended in Dec. 2023 was $-115 Mil. Its
Operating Income
for the
three
months ended in Dec. 2023 was $167 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Dec. 2023 was $6,175 Mil.
Aramark's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as
* 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.
Aramark (Aramark) Business Description
Traded in Other Exchanges
Address
2400 Market Street, Philadelphia, PA, USA, 19103
Aramark provides food, facilities, and uniform services to a variety of clients and institutions. The majority of company revenue comes from its North American food and support services segment. Smaller but substantial segments include food and support services international, food and support services united states and uniform and career apparel. The food and support services segments provide food for school districts; colleges; healthcare facilities; correctional institutions; and business, sports, and entertainment venues. The uniform segment rents, delivers, cleans, and maintains work clothes and ancillary items like towels and mats to customers in North America and Japan. The company has hundreds of service locations and distribution centers across the United States and Canada.
Executives
| Lauren A Harrington |
officer: SVP and General Counsel |
ARAMARK, 2400 MARKET STREET, PHILADELPHIA PA 19103 |
| Marc A Bruno |
officer: COO, U.S. Food & Facilities |
C/O UNITED RENTALS, INC., 100 FIRST STAMFORD PLACE, SUITE 700, STAMFORD CT 06902 |
| Kevin Wills |
director |
750 LAKESHORE PARKWAY, BIRMINGHAM AL 35211 |
| Abigail Charpentier |
officer: SVP & Chief HR Officer |
2400 MARKET STREET, PHIADELPHIA PA 19103 |
| Lynn Mckee |
officer: See Remarks |
|
| Patricia E Lopez |
director |
333 LUDLOW ST, STAMFORD CT 06902 |
| Kenneth M Keverian |
director |
IBM CORPORATION, ONE NEW ORCHARD ROAD, ARMONK NY 10504 |
| Christopher T. Schilling |
officer: SVP, Controller and CAO |
2400 MARKET STREET, PHILADELPHIA PA 19103 |
| Bridgette P Heller |
director |
TECH DATA CORPORATION, 5350 TECH DATA DRIVE, CLEARWATER FL 33760 |
| Keith Bethel |
officer: Chief Growth Officer |
C/O ARAMARK, 2400 MARKET STREET, PHILADELPHIA PA 19103 |
| Thomas Gerard Ondrof |
officer: Executive VP and CFO |
C/O PERFORMANCE FOOD GROUP COMPANY, 12500 WEST CREEK PARKWAY, RICHMOND VA 23238 |
| Stephen I Sadove |
director |
|
| Karen Marie King |
director |
C/O ARAMARK, 2400 MARKET STREET, PHILADELPHIA PA 19103 |
| Greg Creed |
director |
1441 GARDINER LANE, LOUISVILLE KY 40213 |
| Mantle Ridge Lp |
other: Director by deputization |
712 FIFTH AVENUE, SUITE 17F, NEW YORK NY 10019 |
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