Apogee Enterprises (Apogee Enterprises) Interest Expense

: $-8 Mil (TTM As of Nov. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Apogee Enterprises's interest expense for the three months ended in Nov. 2023 was $ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2023 was $-8 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. Apogee Enterprises's Operating Income for the three months ended in Nov. 2023 was $ 38 Mil. Apogee Enterprises's Interest Expense for the three months ended in Nov. 2023 was $ -1 Mil. Apogee Enterprises's Interest Coverage for the quarter that ended in Nov. 2023 was 25.89. 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.

Apogee Enterprises Interest Expense Historical Data

The historical data trend for Apogee Enterprises'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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Apogee Enterprises Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Interest Expense

-8.09

-8.81

-4.41

-3.77

-7.66

Apogee Enterprises Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Interest Expense																-2.59	-2.17	-2.04	-2.23	-1.45

Apogee Enterprises 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 Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-8 Mil.

Apogee Enterprises (NAS:APOG) 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.

Apogee Enterprises's Interest Expense for the three months ended in Nov. 2023 was $-1 Mil. Its Operating Income for the three months ended in Nov. 2023 was $38 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Nov. 2023 was $130 Mil.

Apogee Enterprises's Interest Coverage for the quarter that ended in Nov. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Nov. 2023 )	/	Interest Expense (Q: Nov. 2023 )
	=	-1	*	37.647	/	-1.454
	=	25.89

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

Apogee Enterprises (Apogee Enterprises) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

ANP:Germany

Address

4400 West 78th Street, Suite 520, Minneapolis, MN, USA, 55435

Website

https://www.apog.com

Apogee Enterprises Inc is a manufacturer of architectural glass and metal glass framings. The company also provides building glass installation services. Its four main business segments are Architectural Framing Systems; Architectural Glass; Architectural Services and Large-Scale Optical Technologies (LSO). It generates maximum revenue from the Architectural Framing Systems segment. The Architectural Framing Systems segment designs, engineers, fabricates and finishes the aluminum frames used in customized aluminum and glass window, curtainwall, storefront and entrance systems comprising the outside skin and entrances of commercial, institutional and high-end multi-family residential buildings. Geographically, it derives a majority of revenue from the United States.

Executives

Curtis John Dobler	officer: SVP & CHRO	4400 WEST 78TH STREET, SUITE 520, MINNEAPOLIS MN 55435
Jane Marie Boyce	officer: President, Large Scale Optical	4400 W 78TH STREET, SUITE 520, MINNEAPOLIS MN 55435
Brent C Jewell	officer: Sr VP Business Dev & Strategy	4400 WEST 78TH STREET, SUITE 520, MINNEAPOLIS MN 55435
Meghan Marie Elliott	officer: Vice Pres, Gen Counsel, Secy	C/O APOGEE ENTERPRISES, INC., 4400 WEST 78TH STREET, SUITE 520, MINNEAPOLIS MN 55435
Matthew J Osberg	officer: EVP and CFO	1 HELEN OF TROY PLAZA, EL PASO TX 79912
Gary R Johnson	officer: Treasurer & Vice President
Mark Richard Augdahl	officer: VP, Finance & Corp Controller	4400 WEST 78TH STREET, SUITE 520, MINNEAPOLIS MN 55435
Herbert K Parker	director	38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Troy R Johnson	officer: Pres, Architectural Services	C/O APOGEE ENTERPRISES, INC., 4400 WEST 78TH STREET, SUITE 520, MINNEAPOLIS MN 55435
Nicholas Charles Longman	officer: Pres, Architectural Glass	C/O APOGEE ENTERPRISES, INC., 4400 WEST 78TH STREET, SUITE 520, MINNEAPOLIS MN 55435
Ty R Silberhorn	director, officer: Chief Executive Officer & Pres	3M COMPANY OFFICE OF GENERAL COUNSEL, 3M CENTER, ST PAUL MN 55144-1000
Bernard P Aldrich	director	7725 WASHINGTON AVENUE SOUTH, MINNEAPOLIS MN 55439
Joseph F. Puishys	director, officer: Chief Executive Officer & Pres	4400 WEST 78TH STREET, SUITE 520, MINNEAPOLIS MN 55435
Maureen Ann Hayes	officer: Chief Information Officer	4400 WEST 78TH STREET, SUITE 520, MINNEAPOLIS MN 55435
Nisheet Gupta	officer: EVP and CFO	C/O APOGEE ENTERPRISES, INC., 4400 WEST 78TH STREET, SUITE 520, MINNEAPOLIS MN 55435