Graphic Packaging Holding Co (Graphic Packaging Holding Co) Interest Expense : $-240 Mil (TTM As of Mar. 2024)

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What is Graphic Packaging Holding Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Graphic Packaging Holding Co's interest expense for the three months ended in Mar. 2024 was $ -59 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-240 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. Graphic Packaging Holding Co's Operating Income for the three months ended in Mar. 2024 was $ 294 Mil. Graphic Packaging Holding Co's Interest Expense for the three months ended in Mar. 2024 was $ -59 Mil. Graphic Packaging Holding Co's Interest Coverage for the quarter that ended in Mar. 2024 was 4.98. 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.

Graphic Packaging Holding Co Interest Expense Historical Data

The historical data trend for Graphic Packaging Holding Co'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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Graphic Packaging Holding Co Interest Expense Chart

Graphic Packaging Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-141.00

-129.00

-123.00

-197.00

-239.00

Graphic Packaging Holding Co 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															-58.00	-60.00	-62.00	-59.00	-59.00

Graphic Packaging Holding 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-240 Mil.

Graphic Packaging Holding Co (NYSE:GPK) 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.

Graphic Packaging Holding Co's Interest Expense for the three months ended in Mar. 2024 was $-59 Mil. Its Operating Income for the three months ended in Mar. 2024 was $294 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $4,930 Mil.

Graphic Packaging Holding Co'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	*	294	/	-59
	=	4.98

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

Graphic Packaging Holding Co (Graphic Packaging Holding Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Graphic Packaging Holding Co (NYSE:GPK) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

4W8:Germany 4W8:Germany

Address

1500 Riveredge Parkway, Suite 100, Atlanta, GA, USA, 30328

Website

https://www.graphicpkg.com

Graphic Packaging Holding Co is a holding company that manufactures and sells a variety of paper-based consumer packaging products through its subsidiaries. The company's two primary functions include the sale of paperboard packaging and the operation of paperboard mills. The paperboard packaging business includes packaging for beverages, including beer and soft drinks as well as food, including cereal, frozen foods, and pet foods. The firm also sells paperboard packaging for household products, including dishwasher and laundry detergent and personal care products. Graphic Packaging operates papermills that sell laminated and coated packaging products to third parties. The majority of revenue comes from the Americas.

Executives

Stephen R. Scherger	officer: SVP, Consumer Packaging Div.	3901 SULGRAVE ROAD, RICHMOND VA 23221
Lynn A Wentworth	director	CINCINNATI BELL INC, P O BOX 2301, CINCINNATI OH 45201
Michael James Farrell	officer: EVP, Mills Division	1500 RIVEREDGE PARKWAY, SUITE 100, ATLANTA GA 30328
Jean Francois Roche	officer: SVP and President, EMEA	1500 RIVEREDGE PARKWAY, SUITE 100, AT GA 30328
Elizabeth Spence	officer: EVP, Human Resources	1500 RIVEREDGE PARKWAY, N.W., SUITE 100, ATLANTA GA 30328
Aziz Aghili	director	5706 KIRKRIDGE TRAIL, ROCHESTER HILLS MI 48306
Margie Kay Bidlingmaier	officer: EVP, President, Americas Busi	1500 RIVEREDGE PARKWAY, SUITE 100, ATLANTA GA 30328
Mary K Rhinehart	director	821 17TH STREET, DENVER CO 80202
Joseph P Yost	officer: SVP, Supply Chain	814 LIVINGSTON COURT, MARIETTA GA 30067
Larry M Venturelli	director	2000 M-63N, BENTON HARBOR MI 49022
Charles D Lischer	officer: SVP & CAO	2500 WINDY RIDGE PARKWAY, SUITE 700, ATLANTA GA 30339
Stacey J. Panayiotou	officer: EVP, Human Resources	9200 W. 108TH CIRCLE, WESTMINSTER CO 80021
Robert Hagemann	director	3 GIRALDA FARMS, MADISON NJ 07940
Laurie Brlas	director	C/O ALBEMARLE CORPORATION, 4250 CONGRESS ST STE 900, CHARLOTTE NC 28209
Dean A Scarborough	director	150 N. ORANGE GROVE BLVD, PASADENA CA 91103