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Lamb Weston Holdings (STU:0L5) Interest Expense : €-118 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 € -33 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was €-118 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 € 208 Mil. Lamb Weston Holdings's Interest Expense for the three months ended in Feb. 2024 was € -33 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.

* Premium members only.

Lamb Weston Holdings Interest Expense Chart

Lamb Weston Holdings Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -95.75 -99.04 -97.36 -152.31 -100.46

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 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 -24.10 -30.18 -28.15 -26.89 -33.09

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 €-118 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.

Lamb Weston Holdings  (STU:0L5) 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.

Lamb Weston Holdings's Interest Expense for the three months ended in Feb. 2024 was €-33 Mil. Its Operating Income for the three months ended in Feb. 2024 was €208 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was €2,943 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*207.555/-33.094
=6.27

* 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.

Lamb Weston Holdings (STU:0L5) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Lamb Weston Holdings Inc (STU:0L5) » Definitions » Interest Expense
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Traded in Other Exchanges
LW:USA 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.

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