AAON (AAON) Interest Expense

: $-5 Mil (TTM As of Dec. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AAON's interest expense for the three months ended in Dec. 2023 was $ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-5 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. AAON's Operating Income for the three months ended in Dec. 2023 was $ 64 Mil. AAON's Interest Expense for the three months ended in Dec. 2023 was $ -1 Mil. AAON's Interest Coverage for the quarter that ended in Dec. 2023 was 72.27. 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.

AAON Interest Expense Historical Data

The historical data trend for AAON'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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AAON Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.13

-2.63

-4.84

AAON Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.93	-1.15	-1.54	-1.27	-0.88

AAON 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5 Mil.

AAON (NAS:AAON) 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.

AAON's Interest Expense for the three months ended in Dec. 2023 was $-1 Mil. Its Operating Income for the three months ended in Dec. 2023 was $64 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $49 Mil.

AAON's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	63.884	/	-0.884
	=	72.27

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

AAON (AAON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » AAON Inc (NAS:AAON) » Definitions » Interest Expense

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AAO:Germany

Address

2425 South Yukon Avenue, Tulsa, OK, USA, 74107

Website

https://www.aaon.com

AAON Inc is a manufacturer of air-conditioning and heating equipment. The products include rooftop units, chillers, packaged outdoor mechanical rooms, air-handling units, makeup air units, energy-recovery units, condensing units, geothermal heat pumps, and self-contained units and coils. AAON's products serve the commercial and industrial new construction and replacement markets, primarily in North America.

Executives

Stephen E Wakefield	officer: VP, Engineering	2425 SOUTH YUKON, TULSA OK 74107
Norman H Asbjornson	director, 10 percent owner, officer: President	AAON INC, 2425 SOUTH YUKON, TULSA OK 74107
Rebecca Thompson	officer: Chief Accounting Officer	2425 S YUKON AVE, TULSA OK 74107
David Raymond Stewart	director	4221 E. 96TH PLACE, TULSA OK 74137
Gordon Douglas Wichman	officer: Vice President	4300 WILLOW BEND DR., LONGVIEW TX 75602
Robert Teis	officer: VP, Sales and Marketing	6813 FOXBRIAR DR., TULSA OK 74132
Casey Kidwell	officer: VP, Administration	9906 NORTH 108TH EAST PLACE, OWASSO OK 74055
Gary D Fields	director	2425 SOUTH YUKON, TULSA OK 74107
Rony D Gadiwalla	officer: VP, Information Technology	2425 SOUTH YUKON, TULSA OK 74107
Larry Gene Stewart	officer: Vice President	2425 SOUTH YUKON AVE, TULSA OK 74107
Xerxes P Gazder	officer: Chief Information Officer	109 N FORESTVIEW LANE, AURORA IL 60502
Stephen O Leclair	director	3100 CUMBERLAND BLVD, SUITE 1700, ATLANTA GA 30339
Lackey Paul K Jr	director	2200 SOUTH UTICA PL., 6B-GENOA, TULSA OK 74114
Bruce Ware	director	3605 PATIENCE BLVD, DALLAS TX 75236
Christopher Douglas Eason	officer: Chief Accounting Officer	2425 S YUKON AVE, TULSA OK 74107