International Paper Co (International Paper Co) Interest Expense : $-320 Mil (TTM As of Mar. 2024)

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What is International Paper Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. International Paper Co's interest expense for the three months ended in Mar. 2024 was $ -46 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-320 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. International Paper Co's Operating Income for the three months ended in Mar. 2024 was $ 127 Mil. International Paper Co's Interest Expense for the three months ended in Mar. 2024 was $ -46 Mil. International Paper Co's Interest Coverage for the quarter that ended in Mar. 2024 was 2.76. 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.

International Paper Co Interest Expense Historical Data

The historical data trend for International Paper 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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International Paper Co Interest Expense Chart

International Paper Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-701.00

-597.00

-430.00

-403.00

-421.00

International Paper 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															-103.00	-59.00	-105.00	-110.00	-46.00

International Paper 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 $-320 Mil.

International Paper Co (NYSE:IP) 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.

International Paper Co's Interest Expense for the three months ended in Mar. 2024 was $-46 Mil. Its Operating Income for the three months ended in Mar. 2024 was $127 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $5,760 Mil.

International Paper 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	*	127	/	-46
	=	2.76

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

International Paper Co (International Paper Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » International Paper Co (NYSE:IP) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

INP:Germany INP:Germany INP:Germany INP:Germany I1PC34:Brazil IP:Argentina

Address

6400 Poplar Avenue, Memphis, TN, USA, 38197

Website

https://www.internationalpaper.com

International Paper manufactures packaging products and cellulose fibers. It accounts for roughly one third of the North American corrugated packaging market. Though it has operations in Brazil, Russia, India, and China, more than three fourths of its sales come from North America. International Paper serves a variety of end markets, including industrial, consumer products, and manufacturing.

Executives

Thomas J. Plath	officer: Senior Vice President	C/O INTERNATIONAL PAPER COMPANY, 6400 POPLAR AVENUE, MEMPHIS TN 38197
Holly G Houghnour	officer: Vice President & Controller	C/O INTERNATIONAL PAPER COMPANY, 6400 POPLAR AVENUE, MEMPHIS TN 38197
Kseniia N. Sosnina	officer: Senior Vice President	6400 POPLAR AVENUE, MEMPHIS TN 38197
International Paper Co /new/	officer: Senior Vice President	6400 POPLAR AVENUE, MEMPHIS TN 38197
Joseph R. Saab	officer: SVP, GC and Corp. Secretary	6400 POPLAR AVENUE, MEMPHIS TN 38197
Mark S Sutton	director, officer: Chairman and CEO	C\O INTERNATIONAL PAPER COMPANY, 6400 POPLAR AVE, MEMPHIS TN 38197
Aimee K. Gregg	officer: Senior Vice President	6400 POPLAR AVENUE, MEMPHIS TN 38197
Allison B. Magness	officer: Senior Vice President	6400 POPLAR AVENUE, MEMPHIS TN 38197
Timothy S Nicholls	officer: SVP and CFO	C/O INTERNATIONAL PAPER COMPANY, 6400 POPLAR AVENUE, MEMPHIS TN 38197
William Thomas Hamic	officer: Senior Vice President	6400 POPLAR AVENUE, MEMPHIS TN 38197
John V Sims	officer: Senior Vice President	C/O INTERNATIONAL PAPER COMPANY, 6400 POPLAR AVENUE, MEMPHIS TN 38197
Jeanmichel Ribieras	officer: Senior Vice President	C/O INTERNATIONAL PAPER COMPANY, 6400 POPLAR AVENUE, MEMPHIS TN 38197
Lewis Clinton A. Jr.	director	C/O ZOETIS INC., 100 CAMPUS DRIVE, FLORHAM PARK NJ 07940
Gregory T Wanta	officer: Senior Vice President	C/O INTERNATIONAL PAPER COMPANY, 6400 POPLAR AVENUE, MEMPHIS TN 38197
Donald G Macpherson	director	100 GRAINGER PARKWAY, LAKE FOREST IL 60045