Carrefour (XTER:CAR) Interest Expense : €-692 Mil (TTM As of Jun. 2024)

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What is Carrefour Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Carrefour's interest expense for the six months ended in Jun. 2024 was € -379 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-692 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. Carrefour's Operating Income for the six months ended in Jun. 2024 was € 725 Mil. Carrefour's Interest Expense for the six months ended in Jun. 2024 was € -379 Mil. Carrefour's Interest Coverage for the quarter that ended in Jun. 2024 was 1.91. 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.

Carrefour Interest Expense Historical Data

The historical data trend for Carrefour'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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Carrefour Interest Expense Chart

Carrefour Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-391.00

-316.00

-299.00

-583.00

-703.00

Carrefour Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	Get a 7-Day Free Trial															-232.00	-351.00	-390.00	-313.00	-379.00

Carrefour 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-692 Mil.

Carrefour (XTER:CAR) 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.

Carrefour's Interest Expense for the six months ended in Jun. 2024 was €-379 Mil. Its Operating Income for the six months ended in Jun. 2024 was €725 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was €10,410 Mil.

Carrefour's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2024 )	/	Interest Expense (Q: Jun. 2024 )
	=	-1	*	725	/	-379
	=	1.91

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

Carrefour Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Carrefour (XTER:CAR) » Definitions » Interest Expense

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Traded in Other Exchanges

CRRFY:USA CRERF:USA CAp:UK 0NPH:UK CA:France

Address

93, Avenue de Paris, Massy Cedex, Paris, FRA, 91300

Website

https://www.carrefour.com

Carrefour is a multiformat retailer with operations in more than 30 countries, with tens of thousands of shops globally, over 1,000 drive-thru locations, and about 340,000 employees. Although hypermarkets still account for the bulk of sales in France, the company, founded in 1959, is expanding away from its initial large hypermarket style. Due to its emphasis on creating smaller stores, its exposure to the nonfood sector has decreased. More than 70% of sales are generated in Europe and the rest in Latin America.