Husqvarna AB (Husqvarna AB) Interest Expense : $-94 Mil (TTM As of Mar. 2024)

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What is Husqvarna AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Husqvarna AB's interest expense for the three months ended in Mar. 2024 was $ -22 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-94 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. Husqvarna AB's Operating Income for the three months ended in Mar. 2024 was $ 185 Mil. Husqvarna AB's Interest Expense for the three months ended in Mar. 2024 was $ -22 Mil. Husqvarna AB's Interest Coverage for the quarter that ended in Mar. 2024 was 8.43. 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.

Husqvarna AB Interest Expense Historical Data

The historical data trend for Husqvarna AB'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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Husqvarna AB Interest Expense Chart

Husqvarna AB Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-52.90

-37.19

-26.51

-42.59

-101.39

Husqvarna AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-23.39	-22.94	-19.94	-29.34	-22.00

Husqvarna AB 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-94 Mil.

Husqvarna AB (OTCPK:HSQVY) 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.

Husqvarna AB's Interest Expense for the three months ended in Mar. 2024 was $-22 Mil. Its Operating Income for the three months ended in Mar. 2024 was $185 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $1,251 Mil.

Husqvarna AB's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	185.376	/	-21.995
	=	8.43

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

Husqvarna AB (Husqvarna AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Husqvarna AB (OTCPK:HSQVY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

HUSQF:USA HUSQ B:Sweden HUSQ A:Sweden HUSQBs:UK 0GTR:UK HRZA:Germany

Address

Regeringsgatan 28, Box 7454, Stockholm, SWE, SE-111 53

Website

https://www.husqvarnagroup.com

Husqvarna AB makes outdoor power products for forest, park, and garden care. The company operates three business segments: Husqvarna, Gardena, and Construction. The Husqvarna segment generates most of the group's revenue. It manufactures and sells outdoor products such as chainsaws, trimmers, mowers, and park and garden care. The other segments offer garden watering and hand tools, as well as professional equipment and diamond tools for cutting and drilling in concrete, stone, and asphalt. Products are sold under the Husqvarna, Gardena, McCulloch, Poulan Pro, Weed Eater, Flymo, Zenoah, and Diamant Boart brands. The company's largest end markets are North America and Europe.