Brookfield Business Partners LP (Brookfield Business Partners LP) Interest Expense : $-3,527 Mil (TTM As of Mar. 2024)

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What is Brookfield Business Partners LP Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Brookfield Business Partners LP's interest expense for the three months ended in Mar. 2024 was $ -796 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-3,527 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. Brookfield Business Partners LP's Operating Income for the three months ended in Mar. 2024 was $ 820 Mil. Brookfield Business Partners LP's Interest Expense for the three months ended in Mar. 2024 was $ -796 Mil. Brookfield Business Partners LP's Interest Coverage for the quarter that ended in Mar. 2024 was 1.03. 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.

Brookfield Business Partners LP Interest Expense Historical Data

The historical data trend for Brookfield Business Partners LP'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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Brookfield Business Partners LP Interest Expense Chart

Brookfield Business Partners LP Annual Data

Trend

Dec14

Dec15

Dec16

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Dec19

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Dec23

Interest Expense

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-1,274.00

-1,482.00

-1,468.00

-2,538.00

-3,596.00

Brookfield Business Partners LP 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															-865.00	-932.00	-941.00	-858.00	-796.00

Brookfield Business Partners LP 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 $-3,527 Mil.

Brookfield Business Partners LP (NYSE:BBU) 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.

Brookfield Business Partners LP's Interest Expense for the three months ended in Mar. 2024 was $-796 Mil. Its Operating Income for the three months ended in Mar. 2024 was $820 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $40,375 Mil.

Brookfield Business Partners LP'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	*	820	/	-796
	=	1.03

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

Brookfield Business Partners LP (Brookfield Business Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Brookfield Business Partners LP (NYSE:BBU) » Definitions » Interest Expense

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BBU.UN:Canada

Address

73 Front Street, 5th Floor, Hamilton, BMU, HM 12

Website

https://www.bbu.brookfield.com

Brookfield Business Partners LP is a business services and industrials company. It focused on operating businesses that are either low-cost producers and benefit from high barriers to entry. The company's operating segment includes Business services; Infrastructure services; Industrials and Corporate and others. It generates maximum revenue from the Business Services segment. Geographically, it derives a majority of revenue from the United Kingdom and also has a presence in the United States of America; Europe; Australia; Canada; Brazil; Mexico and Other Countries.