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Brambles (ASX:BXB) Interest Expense : A$-171 Mil (TTM As of Dec. 2023)


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What is Brambles Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Brambles's interest expense for the six months ended in Dec. 2023 was A$ -106 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-171 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. Brambles's Operating Income for the six months ended in Dec. 2023 was A$ 781 Mil. Brambles's Interest Expense for the six months ended in Dec. 2023 was A$ -106 Mil. Brambles's Interest Coverage for the quarter that ended in Dec. 2023 was 7.35. 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.


Brambles Interest Expense Historical Data

The historical data trend for Brambles'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.

* Premium members only.

Brambles Interest Expense Chart

Brambles Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -149.47 -113.02 -90.51 -105.87 -150.19

Brambles 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -66.96 -37.71 -85.36 -64.37 -106.22

Brambles 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 A$-171 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.


Brambles  (ASX:BXB) 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.

Brambles's Interest Expense for the six months ended in Dec. 2023 was A$-106 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$781 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$3,325 Mil.

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

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*780.914/-106.223
=7.35

* 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.


Brambles (ASX:BXB) Business Description

Traded in Other Exchanges
Address
255 George Street, Level 29, Sydney, NSW, AUS, 2000
Brambles is the world's largest supplier of reusable wooden pallets for the fast-moving consumer goods, fresh produce, beverage, retail, and general manufacturing industries. Bramble's services primarily operating under the Chep brand. Operation span approximately 60 countries with three geographical segments: Chep Americas, Chep EMEA, and Chep Asia-Pacific.

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