Hillenbrand (Hillenbrand) Interest Expense : $-84 Mil (TTM As of Dec. 2023)

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What is Hillenbrand Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hillenbrand's interest expense for the three months ended in Dec. 2023 was $ -30 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-84 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. Hillenbrand's Operating Income for the three months ended in Dec. 2023 was $ 59 Mil. Hillenbrand's Interest Expense for the three months ended in Dec. 2023 was $ -30 Mil. Hillenbrand's Interest Coverage for the quarter that ended in Dec. 2023 was 1.99. 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.

Hillenbrand Interest Expense Historical Data

The historical data trend for Hillenbrand'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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Hillenbrand Interest Expense Chart

Hillenbrand Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Expense

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-27.40

-77.40

-74.30

-64.30

-77.70

Hillenbrand 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															-21.50	-21.10	-18.60	-14.70	-29.80

Hillenbrand 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 $-84 Mil.

Hillenbrand (NYSE:HI) 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.

Hillenbrand's Interest Expense for the three months ended in Dec. 2023 was $-30 Mil. Its Operating Income for the three months ended in Dec. 2023 was $59 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $2,114 Mil.

Hillenbrand'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	*	59.3	/	-29.8
	=	1.99

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

Hillenbrand (Hillenbrand) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hillenbrand Inc (NYSE:HI) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

9HI:Germany

Address

One Batesville Boulevard, Batesville, IN, USA, 47006

Website

https://www.hillenbrand.com

Hillenbrand Inc is a U.S.-based company that operates through three segments. The Advanced Process Solutions segment designs, develops, manufactures, and services engineered industrial equipment. The Molding Technology Solutions segment offers engineered and customized systems in plastic technology and processing. Batesville designs provides, and markets funeral services and solutions.

Executives

Daniel C. Hillenbrand	director	ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Robert M Vanhimbergen	officer: Sr VP, Chief Financial Officer	ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Kimberly K Ryan	officer: Senior Vice President	ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Helen W Cornell	director	1800 GARDNER EXPRESSWAY, QUINCY IL 62305
Tamara Morytko	officer: Sr. VP and President MTS	1250 NE LOOP 410, SUITE 1000, SAN ANTONIO TX 78209
Carole Anne Phillips	officer: See Remarks	6365 BIRDIE CIRCLE, GRAYLING MI 49738
J Michael Whitted	officer: Sr. VP Strategy & Corp Dev	ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Ling An-heid	officer: Senior Vice President	ONE BATESVILLE BLVD., BATESVILLE IN 47006
Megan A Walke	officer: VP, CAO	ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Ulrich Bartel	officer: Senior Vice President	HILLENBRAND, INC., 1 BATESVILLE BOULEVARD, BATESVILLE IN 47006
Christopher H Trainor	officer: Sr. Vice President	ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Inderpreet Sawhney	director	HILLENBRAND, INC., 1 BATESVILLE BOULEVARD, BATESVILLE IN 47006
Neil S Novich	director	RYERSON LTULL INC, 2621 W 15TH PLACE, CHICAGO IL 60603
Bhavik N. Soni	officer: VP & Chief Information Officer	ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Michael D Prado	officer: VP, Global Supply Management	ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006