Heidelberger Druckmaschinen AG (Heidelberger Druckmaschinen AG) Interest Expense : $-39 Mil (TTM As of Dec. 2023)

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What is Heidelberger Druckmaschinen AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Heidelberger Druckmaschinen AG's interest expense for the three months ended in Dec. 2023 was $ -11 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-39 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. Heidelberger Druckmaschinen AG's Operating Income for the three months ended in Dec. 2023 was $ 17 Mil. Heidelberger Druckmaschinen AG's Interest Expense for the three months ended in Dec. 2023 was $ -11 Mil. Heidelberger Druckmaschinen AG's Interest Coverage for the quarter that ended in Dec. 2023 was 1.60. 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.

Heidelberger Druckmaschinen AG Interest Expense Historical Data

The historical data trend for Heidelberger Druckmaschinen AG'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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Heidelberger Druckmaschinen AG Interest Expense Chart

Heidelberger Druckmaschinen AG Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-58.51

-56.40

-49.11

-31.94

-28.91

Heidelberger Druckmaschinen AG 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															-7.42	-5.35	-9.75	-12.81	-10.91

Heidelberger Druckmaschinen AG 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 $-39 Mil.

Heidelberger Druckmaschinen AG (OTCPK:HBGRF) 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.

Heidelberger Druckmaschinen AG's Interest Expense for the three months ended in Dec. 2023 was $-11 Mil. Its Operating Income for the three months ended in Dec. 2023 was $17 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0 Mil.

Heidelberger Druckmaschinen AG'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	*	17.448	/	-10.905
	=	1.60

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

Heidelberger Druckmaschinen AG (Heidelberger Druckmaschinen AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Heidelberger Druckmaschinen AG (OTCPK:HBGRF) » Definitions » Interest Expense

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Traded in Other Exchanges

HBGRY:USA 0OC2:UK HDD:Germany HDD:Austria

Address

Kurfursten-Anlage 52-60, Heidelberg, BW, DEU, 69115

Website

https://www.heidelberg.com

Heidelberger Druckmaschinen AG is a company which develops and manufactures offset printing presses, parts, and accessories for printing presses, printing software, dryer and ink systems and document handling machinery. It organizes its business into three segments namely Print Solutions, Packaging Solutions, and Technology Solutions. The company generates maximum revenue from the Print Solutions segment.