Tegna (FRA:GTT) Interest Expense : €-159 Mil (TTM As of Mar. 2024)

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What is Tegna Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tegna's interest expense for the three months ended in Mar. 2024 was € -39 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-159 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. Tegna's Operating Income for the three months ended in Mar. 2024 was € 128 Mil. Tegna's Interest Expense for the three months ended in Mar. 2024 was € -39 Mil. Tegna's Interest Coverage for the quarter that ended in Mar. 2024 was 3.27. 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.

Tegna Interest Expense Historical Data

The historical data trend for Tegna'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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Tegna Interest Expense Chart

Tegna Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-184.92

-172.86

-164.30

-164.28

-158.55

Tegna Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-40.07	-39.50	-40.68	-40.15	-38.98

Tegna 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-159 Mil.

Tegna (FRA:GTT) 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.

Tegna's Interest Expense for the three months ended in Mar. 2024 was €-39 Mil. Its Operating Income for the three months ended in Mar. 2024 was €128 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €2,893 Mil.

Tegna's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	127.564	/	-38.979
	=	3.27

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

Tegna (FRA:GTT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Tegna Inc (FRA:GTT) » Definitions » Interest Expense

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TGNA:USA GTT:Germany

Address

8350 Broad Street, Suite 2000, Tysons, VA, USA, 22102-5151

Website

https://www.tegna.com

Tegna Inc is a media company with a portfolio of broadcast stations and digital sites. The firm has around 64 television stations and 2 radio stations in approximately 51 U.S markets. The company owns multicast networks of True Crime Network, Twist and Quest. Each television station also has a robust digital presence across online, mobile, connected television and social platforms, reaching consumers on all devices and platforms they use to consume news content. It generates key revenue from advertising and marketing services, subscription, political advertising, and other services.

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