WestRock Co (WestRock Co) Interest Expense : $-558 Mil (TTM As of Mar. 2024)

View and export this data going back to 1994. Start your Free Trial

What is WestRock Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. WestRock Co's interest expense for the three months ended in Mar. 2024 was $ -137 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-558 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. WestRock Co's Operating Income for the three months ended in Mar. 2024 was $ 202 Mil. WestRock Co's Interest Expense for the three months ended in Mar. 2024 was $ -137 Mil. WestRock Co's Interest Coverage for the quarter that ended in Mar. 2024 was 1.47. 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.

WestRock Co Interest Expense Historical Data

The historical data trend for WestRock 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.

* Premium members only.

WestRock Co Interest Expense Chart

WestRock Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Expense

Get a 7-Day Free Trial

-489.40

-465.50

-418.90

-375.60

-535.10

WestRock 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															-134.30	-141.90	-140.00	-139.50	-136.70

WestRock 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 $-558 Mil.

WestRock Co (NYSE:WRK) 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.

WestRock Co's Interest Expense for the three months ended in Mar. 2024 was $-137 Mil. Its Operating Income for the three months ended in Mar. 2024 was $202 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $7,718 Mil.

WestRock 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	*	201.6	/	-136.7
	=	1.47

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

WestRock Co (WestRock Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » WestRock Co (NYSE:WRK) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

1WR:Germany 1WR:Germany

Address

1000 Abernathy Road, North East, Atlanta, GA, USA, 30328

Website

https://www.westrock.com

WestRock manufactures corrugated packaging and consumer packaging, such as folding cartons and paperboard. After the merger of RockTenn and MeadWestvaco in fall 2015, WestRock became the largest North American producer of solid bleached sulfate and the second-largest producer of containerboard, which is used in the production of shipping containers.

Executives

Currey M Russell	director	PO BOX 4098, NORCROSS GA 30091
John L O'neal	officer: President, Global Paper	1155 PERIMETER CENTER WEST, ATLANTA GA 30338
James E Nevels	director	C/O TASTY BAKING COMPANY, NAVY YARD CORP. CTR., THREE CRESCENT DR., PHILADELPHIA PA 19112
Samuel W. Shoemaker	officer: President, Consumer Packaging	1000 ABERNATHY ROAD NE, SUITE 125, ATLANTA GA 30328
Dmitri L Stockton	director	777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902
Thomas Stigers	officer: President, Mill Operations	1000 ABERNATHY ROAD NE, SUITE 125, ATLANTA GA 30328
Denise R Singleton	officer: EVP, GC and Secretary	3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Jean Savage	director	14221 N DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
David B Sewell	officer: Chief Executive Officer	101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Alexander W Pease	officer: Chief Financial Officer	5605 CARNEGIE BOULEVARD, SUTIE 500, CHARLOTTE NC 28209
Patrick M. Kivits	officer: Pres, Consumer PKG	1200 WILLOW LAKE BLVD., P.O. BOX 64683, ST. PAUL MN 55110
Peter C Durette	officer: President, Corrugated Pkg.	MEADWESTVACO, 501 SOUTH 5TH STREET, RICHMOND VA 23219-0501
Jeffrey Wayne Chalovich	officer: President - Corrugated Pkging	504 THRASHER STREET, NORCROSS GA 30071
Steven C Voorhees	director, officer: CEO - President	214 N TRYON STREET, CHARLOTTE NC 28202
Patrick Edward Lindner	officer: President, Consumer Packaging	501 SOUTH 5TH STREET, RICHMOND VA 23219