Donaldson Co (Donaldson Co) Interest Expense

: $-21 Mil (TTM As of Jan. 2024)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Donaldson Co's interest expense for the three months ended in Jan. 2024 was $ -6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was $-21 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. Donaldson Co's Operating Income for the three months ended in Jan. 2024 was $ 130 Mil. Donaldson Co's Interest Expense for the three months ended in Jan. 2024 was $ -6 Mil. Donaldson Co's Interest Coverage for the quarter that ended in Jan. 2024 was 23.16. 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.

Donaldson Co Interest Expense Historical Data

The historical data trend for Donaldson Co'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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Donaldson Co Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Interest Expense

-19.90

-17.40

-13.00

-14.90

-19.20

Donaldson Co Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Interest Expense																-4.60	-5.10	-4.90	-5.50	-5.60

Donaldson Co 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-21 Mil.

Donaldson Co (NYSE:DCI) 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.

Donaldson Co's Interest Expense for the three months ended in Jan. 2024 was $-6 Mil. Its Operating Income for the three months ended in Jan. 2024 was $130 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was $352 Mil.

Donaldson Co's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jan. 2024 )	/	Interest Expense (Q: Jan. 2024 )
	=	-1	*	129.7	/	-5.6
	=	23.16

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

Donaldson Co (Donaldson Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Donaldson Co Inc (NYSE:DCI) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

DNZ:Germany

Address

1400 West 94th Street, Minneapolis, MN, USA, 55431

Website

https://ir.donaldson.com

Donaldson is a leading manufacturer of filtration systems and replacement parts (including air filtration systems, liquid filtration systems, and dust, fume, and mist collectors). The company serves a diverse range of end markets, including construction, mining, agriculture, truck, and industrial. Its business is organized into three segments: mobile solutions, industrial solutions, and life sciences. Donaldson generated approximately $3.4 billion in revenue and $480 million in operating income in its fiscal 2023.

Executives

Willard D Oberton	director	2001 THEURER BLVD, WINONA MN 55987
Ajita G Rajendra	director	A. O. SMITH WATER PRODUCTS COMPANY, 500 LINDAHL PARKWAY, ASHLAND CITY TN 37015
Guillermo Briseno	officer: President	PO BOX 1299, MINNEAPOLIS MN 55440
James Owens	director	1200 WILLOW LAKE BOULEVARD, P.O. BOX 64683, ST. PAUL MN 55164-0683
Douglas A. Milroy	director	PO BOX 1299, MINNEAPOLIS MN 55440
Amy C Becker	officer: Vice President	P.O. BOX 1299, MINNEAPOLIS MN 55440-1299
Scott J. Robinson	officer: Senior Vice President	P.O. BOX 1299, MINNEAPOLIS MN 55440-1299
Christopher M. Hilger	director	PO BOX 1299, MINNEAPOLIS MN 55440
Thomas R Scalf	officer: Senior Vice President	P.O. BOX 1299, MINNEAPOLIS MN 55440-1299
Andrew C Dahlgren	officer: President	PO BOX 1299, MINNEAPOLIS MN 55440
Wim Vermeersch	officer: Vice President	P.O. BOX 1299, MINNEAPOLIS MN 55440-1299
Tod E. Carpenter	director, officer: Chairman, President and CEO	P.O. BOX 1299, MINNEAPOLIS MN 55440-1299
Jeffrey E Spethmann	officer: Senior Vice President	P.O. BOX 1299, MINNEAPOLIS MN 55440-1299
Sheila G. Kramer	officer: Vice President	P.O. BOX 1299, MINNEAPOLIS MN 55440-1299
Richard Brent Lewis	officer: Senior Vice President	PO BOX 1299, MINNEAPOLIS MN 55440