What is The Kroger Co Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. The Kroger Co's interest expense for the
three
months ended in Jan. 2024 was $ -100 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was $-440 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. The Kroger Co's Operating Income for the
three
months ended in Jan. 2024 was $ 1,200 Mil. The Kroger Co's Interest Expense for the
three
months ended in Jan. 2024 was $ -100 Mil.
The Kroger Co's Interest Coverage for the quarter that ended in Jan. 2024 was 12.00.
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.
The Kroger Co 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-440 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.
The Kroger Co (NYSE:KR) 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.
The Kroger Co's Interest Expense for the
three
months ended in Jan. 2024 was $-100 Mil. Its
Operating Income
for the
three
months ended in Jan. 2024 was $1,200 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Jan. 2024 was $18,379 Mil.
The Kroger Co's Interest Coverage for the quarter that ended in Jan. 2024 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.
The Kroger Co (The Kroger Co) Business Description
Traded in Other Exchanges
Address
1014 Vine Street, Cincinnati, OH, USA, 45202
Kroger is the leading U.S. grocer, with 2,719 supermarkets operating under several banners throughout the country at the end of fiscal 2022. Around 83% of stores have pharmacies, while nearly 60% also sell fuel. The company also operates roughly 120 fine jewelry stores. Kroger features a leading private-label offering and manufactures around 30% of its own-brand units (and more than 40% of its grocery own-label assortment) itself in 33 food production plants nationwide. Kroger is a top-two grocer in most of its major markets (as of early 2021, according to company data). Virtually all of Kroger's sales come from the United States. Kroger has offered to acquire Albertsons in a $25 billion deal; if the transaction is approved by regulators, it should close in 2024.
Executives
| Carin L Fike |
officer: Vice President and Treasurer |
1014 VINE STREET, CINCINNATI OH 45202 |
| Timothy A Massa |
officer: Group Vice President |
1014 VINE STREET, CINCINNATI OH 45202 |
| Christine S Wheatley |
officer: Group Vice President |
1014 VINE STREET, CINCINNATI OH 45202 |
| Kenneth C Kimball |
officer: Senior Vice President |
C/O THE KROGER CO., 1014 VINE STREET, CINCINNATI OH 45202 |
| Stuart Aitken |
officer: Group Vice President |
C/O JOURNAL MEDIA GROUP, INC., 333 WEST STATE STREET, MILWAUKEE WI 53203 |
| Yael Cosset |
officer: Group Vice President |
1014 VINE STREET, CINCINNATI OH 45202 |
| Gary Millerchip |
officer: Senior Vice President and CFO |
1014 VINE STREET, CINCINNATI OH 45202 |
| Todd A Foley |
officer: Vice President and Treasurer |
1014 VINE STREET, CINCINNATI OH 45202 |
| Valerie L. Jabbar |
officer: Senior Vice President |
THE KROGER CO., 1014 VINE STREET, CINCINNATI OH 45202 |
| Mary Ellen Adcock |
officer: Group Vice President |
1014 VINE STREET, CINCINNATI OH 45202 |
| Calvin J Kaufman |
officer: Group Vice President |
THE KROGER CO., 1014 VINE STREET, CINCINNATI OH 45202 |
| Mark C Tuffin |
officer: Senior Vice President |
THE KROGER CO., 1014 VINE STREET, CINCINNATI OH 45202 |
| Elaine L. Chao |
director |
C/O DOLE FOOD COMPANY, INC., ONE DOLE DRIVE, WESTLAKE VILLAGE CA 91362 |
| Michael Joseph Donnelly |
officer: Senior Vice President |
|
| Susan J Kropf |
director |
C/O AVON PRODUCTS INC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105-0196 |
The Kroger Co (The Kroger Co) Headlines
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