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Vodacom Group (Vodacom Group) Interest Expense : $-432 Mil (TTM As of Mar. 2024)


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What is Vodacom Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vodacom Group's interest expense for the six months ended in Mar. 2024 was $ -224 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-432 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. Vodacom Group's Operating Income for the six months ended in Mar. 2024 was $ 957 Mil. Vodacom Group's Interest Expense for the six months ended in Mar. 2024 was $ -224 Mil. Vodacom Group's Interest Coverage for the quarter that ended in Mar. 2024 was 4.27. 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.

Vodacom Group Interest Expense Historical Data

The historical data trend for Vodacom Group'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.

Vodacom Group Interest Expense Chart

Vodacom Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -281.96 -279.99 -282.69 -304.99 -433.10

Vodacom Group Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 -148.60 -134.84 -175.03 -207.48 -224.32

Vodacom Group 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 semi-annually data reported by the company within the most recent 12 months, which was $-432 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.

Vodacom Group  (OTCPK:VDMCY) 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.

Vodacom Group's Interest Expense for the six months ended in Mar. 2024 was $-224 Mil. Its Operating Income for the six months ended in Mar. 2024 was $957 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was $3,159 Mil.

Vodacom Group'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*956.982/-224.323
=4.27

* 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.

Vodacom Group (Vodacom Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Vodacom Group Ltd (OTCPK:VDMCY) » Definitions » Interest Expense
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JSE:MTN JSE:TKG JSE:BLU JSE:YYLBEE JSE:HUG JSE:TLM SHSE:600941 CMCSA TMUS VZ T XTER:DTE TSE:9432 NSE:BHARTIARTL HKSE:00728 TSE:9433 TSE:9984 CHTR TSE:9434 AMX B
Traded in Other Exchanges
VOD:South Africa 5VD:Germany
Address
082 Vodacom Boulevard, Vodacom Corporate Park, Midrand, Johannesburg, GT, ZAF, 1685
Website
https://www.vodacom.com
Vodacom Group Ltd is a telecommunications provider. The company provides fixed-line, broadband, and mobile services. It earns revenue through two main segments: South Africa and international. International includes regions such as Tanzania, Democratic Republic of Congo, Mozambique, and Lesotho; the majority of revenue is sourced from South Africa. Vodacom also has an enterprise service product, whereby telecommunications and managed services are offered to enterprises. The company owns mobile infrastructure.

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