GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Asahi Group Holdings Ltd (STU:ABW) » Definitions » Interest Expense

Asahi Group Holdings (STU:ABW) Interest Expense : €-112 Mil (TTM As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Asahi Group Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Asahi Group Holdings's interest expense for the three months ended in Mar. 2024 was € -31 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-112 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. Asahi Group Holdings's Operating Income for the three months ended in Mar. 2024 was € 200 Mil. Asahi Group Holdings's Interest Expense for the three months ended in Mar. 2024 was € -31 Mil. Asahi Group Holdings's Interest Coverage for the quarter that ended in Mar. 2024 was 6.37. 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.

Asahi Group Holdings Interest Expense Historical Data

The historical data trend for Asahi Group 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.

Asahi Group Holdings Interest Expense Chart

Asahi Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -107.34 -118.65 -143.95 -120.50 -115.41

Asahi Group Holdings 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 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 -38.72 -36.29 -30.36 -14.21 -31.40

Asahi Group 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-112 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.

Asahi Group Holdings  (STU:ABW) 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.

Asahi Group Holdings's Interest Expense for the three months ended in Mar. 2024 was €-31 Mil. Its Operating Income for the three months ended in Mar. 2024 was €200 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €6,231 Mil.

Asahi Group Holdings'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*199.931/-31.404
=6.37

* 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.

Asahi Group Holdings (STU:ABW) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Asahi Group Holdings Ltd (STU:ABW) » Definitions » Interest Expense
Comparable Companies
TSE:2503 TSE:2587 TSE:2501 TSE:2531 TSE:9994 XBRU:ABI XAMS:HEIA BSP:ABEV3 HKSE:01876 XAMS:HEIO OCSE:CARL B XZIM:DLTA.ZW HKSE:00291 TAP TSX:TPX.B SHSE:600600 SHSE:605499 BOM:532478 SHSE:600132 SAM
Traded in Other Exchanges
ASBRF:USA 2502:Japan
Address
1-23-1, Azumabashi, Sumida-ku, Tokyo, JPN, 130-8602
Website
http://www.asahigroup-holdings.com
Asahi is a leading brewer in Japan with an estimated 36.5% market share by volume in Japan's beer and beer-like market, led by its Asahi Super Dry beer brand. It also operates a wide range of acholic and soft beverage products as well as packaged foods, mainly in Japan. It has made inroads into Europe through acquisitions of SABMiller's brands including Peroni and Pilsner Urquell in Western and Central Europe in 2016 and 2017. The acquisition of Carlton United Breweries has granted Asahi the leading market share in Australia's beer market with Great Northern the leading brand. East Asia including China and Southeast Asia are the other overseas markets where Asahi is growing. Overseas business represents nearly half of the group sales and 60% of business profits.

Asahi Group Holdings (STU:ABW) Headlines

No Headlines