Lamb Weston Holdings (Lamb Weston Holdings) Interest Expense : $-128 Mil (TTM As of Feb. 2024)

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What is Lamb Weston Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lamb Weston Holdings's interest expense for the three months ended in Feb. 2024 was $ -36 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was $-128 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. Lamb Weston Holdings's Operating Income for the three months ended in Feb. 2024 was $ 224 Mil. Lamb Weston Holdings's Interest Expense for the three months ended in Feb. 2024 was $ -36 Mil. Lamb Weston Holdings's Interest Coverage for the quarter that ended in Feb. 2024 was 6.27. 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.

Lamb Weston Holdings Interest Expense Historical Data

The historical data trend for Lamb Weston Holdings'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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Lamb Weston Holdings Interest Expense Chart

Lamb Weston Holdings Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Interest Expense

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-107.10

-108.00

-118.30

-161.00

-109.20

Lamb Weston Holdings Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Interest Expense	Get a 7-Day Free Trial															-25.80	-32.80	-30.70	-29.10	-35.70

Lamb Weston Holdings 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-128 Mil.

Lamb Weston Holdings (NYSE:LW) 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.

Lamb Weston Holdings's Interest Expense for the three months ended in Feb. 2024 was $-36 Mil. Its Operating Income for the three months ended in Feb. 2024 was $224 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was $3,175 Mil.

Lamb Weston Holdings's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Feb. 2024 )	/	Interest Expense (Q: Feb. 2024 )
	=	-1	*	223.9	/	-35.7
	=	6.27

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

Lamb Weston Holdings (Lamb Weston Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Lamb Weston Holdings Inc (NYSE:LW) » Definitions » Interest Expense

Comparable Companies

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0L5:Germany 0L5:Germany L1WH34:Brazil

Address

599 S. Rivershore Lane, Eagle, ID, USA, 83616

Website

https://www.lambweston.com

Lamb Weston is North America's largest and the world's second-largest producer of branded and private-label frozen potato products, both by volume and value. The company's portfolio is anchored by French fries, but it also sells sweet potato fries, tater tots, diced potatoes, mashed potatoes, hash browns, and chips. Nearly 70% of revenue comes from its home market of North America, with none of the other 100 countries the company sells into representing a significant share. McDonald's is Lamb Weston's single largest customer at 13% of fiscal 2023 sales, with no other company representing more than 10%. Lamb Weston became an independent company in 2016 when it was spun off from Conagra.

Executives

William G Jurgensen	director
Eryk J Spytek	officer: See Remarks	599 S. RIVERSHORE LANE, EAGLE ID 83616
Rita Fisher	director	1900 W. FIELD COURT, LAKE FOREST IL 60045
Sukshma Rajagopalan	officer: Chief Info and Digital Officer	C/O LAMB WESTON HOLDINGS, INC., 599 S. RIVERSHORE LANE, EAGLE ID 83616
Marc Schroeder	officer: President, International	C/O LAMB WESTON HOLDINGS, INC., 599 S. RIVERSHORE LANE, EAGLE ID 83616
Sharon L. Miller	officer: Senior Vice President	599 S. RIVERSHORE LANE, EAGLE ID 83616
Gregory W Jones	officer: Vice President and Controller	C/O LAMB WESTON HOLDINGS, INC., 599 S. RIVERSHORE LANE, EAGLE ID 83616
Bernadette M Madarieta	officer: Vice President and Controller	599 S. RIVERSHORE LANE, EAGLE ID 83616
Michael Jared Smith	officer: SVP, Growth & Strategy	599 S. RIVERSHORE LANE, EAGLE ID 83616
Gerardo Scheufler	officer: SVP, Chief Supply Chain Off	C/O LAMB WESTON HOLDINGS, INC., 599 S. RIVERSHORE LANE, EAGLE ID 83616
Steven J Younes	officer: CHIEF HUMAN RESOURCES OFFICER	C/O LAMB WESTON HOLDINGS, INC., 599 S. RIVERSHORE LANE, EAGLE ID 83616
John C Hatto	officer: Senior Vice President	C/O LAMB WESTON HOLDINGS, INC., 599 S. RIVERSHORE LANE, EAGLE ID 83616
Robert A Niblock	director	1605 CURTIS BRIDGE ROAD, WILKESBORO NC 28697
Peter J Bensen	director	MCDONALD'S CORPORATION, 2915 JORIE BOULEVARD, OAK BROOK IL 60523
Thomas P. Werner	director, officer: President	C/O LAMB WESTON HOLDINGS, INC., 599 S. RIVERSHORE LANE, EAGLE ID 83616