Unilever (Unilever) Interest Expense : $-1,169 Mil (TTM As of Dec. 2023)

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What is Unilever Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Unilever's interest expense for the six months ended in Dec. 2023 was $ -609 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-1,169 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. Unilever's Operating Income for the six months ended in Dec. 2023 was $ -22,287 Mil. Unilever's Interest Expense for the six months ended in Dec. 2023 was $ -609 Mil. Unilever did not have earnings to cover the interest expense. 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.

Unilever Interest Expense Historical Data

The historical data trend for Unilever'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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Unilever Interest Expense Chart

Unilever Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-847.78

-855.23

-562.71

-835.81

-1,172.30

Unilever Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-318.64	-374.21	-460.81	-560.13	-608.51

Unilever 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 semi-annually data reported by the company within the most recent 12 months, which was $-1,169 Mil.

Unilever (NYSE:UL) 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.

Unilever's Interest Expense for the six months ended in Dec. 2023 was $-609 Mil. Its Operating Income for the six months ended in Dec. 2023 was $-22,287 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $25,836 Mil.

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

Unilever did not have earnings to cover the interest expense.

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

Unilever (Unilever) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Unilever PLC (NYSE:UL) » Definitions » Interest Expense

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Address

100 Victoria Embankment, London, GBR, EC4Y 0DY

Website

https://www.unilever.com

Unilever is a diversified personal-care (52% of 2022 sales by value), homecare (14%), and packaged food (34%) company. Its brands include Knorr soups and sauces, Hellmann's mayonnaise, Axe and Dove skin products, and the TRESemme haircare brand. The firm has been acquisitive in recent years; notable purchases include Paula's Choice, Liquid I.V., Horlicks, Garancia, and The Vegetarian Butcher.