MSAfety (MSAfety) Interest Expense

: $-47 Mil (TTM As of Dec. 2023)

View and export this data going back to 1988. Start your Free Trial

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MSAfety's interest expense for the three months ended in Dec. 2023 was $ -10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-47 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. MSAfety's Operating Income for the three months ended in Dec. 2023 was $ 112 Mil. MSAfety's Interest Expense for the three months ended in Dec. 2023 was $ -10 Mil. MSAfety's Interest Coverage for the quarter that ended in Dec. 2023 was 11.69. 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.

MSAfety Interest Expense Historical Data

The historical data trend for MSAfety'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.

* Premium members only.

MSAfety Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-13.59

-9.43

-10.76

-21.66

-46.73

MSAfety Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense																-7.50	-11.48	-13.18	-12.50	-9.58

MSAfety 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 $-47 Mil.

MSAfety (NYSE:MSA) 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.

MSAfety's Interest Expense for the three months ended in Dec. 2023 was $-10 Mil. Its Operating Income for the three months ended in Dec. 2023 was $112 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $620 Mil.

MSAfety'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	*	112.058	/	-9.584
	=	11.69

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

MSAfety (MSAfety) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » MSA Safety Inc (NYSE:MSA) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

M07:Germany

Address

1000 Cranberry Woods Drive, Cranberry Township, PA, USA, 16066-5207

Website

https://www.msasafety.com

MSA Safety Inc makes safety products that are used to protect workers in the oil and gas and mining industries. The products include breathing apparatuses, fall protection, portable gas detection systems, industrial head protection, fire and rescue helmets, and fixed gas and flame detection systems. End markets include the fire service, contractor, industrial, mining, oil and gas, and utilities industries. MSA Safety generates most of its revenue in North America. The company's reportable geographic segments are Americas, International and Corporate.

Executives

Rebecca B Roberts	director	1000 LOUISIANA, SUITE 5800, HOUSTON TX 77002
Jonathan D. Buck	officer: Chief Accounting Officer	1000 CRANBERRY WOODS DRIVE, CRANBERRY TOWNSHIP PA 16066
Bob Willem Leenen	officer: Vice President	1000 CRANBERRY WOODS DRIVE, CRANBERRY TOWNSHIP PA 16066
Richard W Roda	officer: Vice President, Secretary, CLO	1000 CRANBERRY WOODS DRIVE, CRANBERRY TOWNSHIP PA 16066
Stephanie L Sciullo	officer: Vice President, CLO	1000 CRANBERRY WOODS DRIVE, CRANBERRY TOWNSHIP PA 16066
Nishan J. Vartanian	officer: Vice President	1000 CRANBERRY WOODS DRIVE, CRANBERRY TOWNSHIP PA 16066
Lee B Mcchesney	officer: Senior VP, CFO and Treasurer	1000 STANLEY DRIVE, NEW BRITAIN CT 06053
Robert A Bruggeworth	director	C/O RF MICRO DEVICES, INC., 7628 THORNDIKE ROAD, GREENSBORO NC 27409
William M Lambert	officer: Vice President	C/O MSA SAFETY, 1000 CRANBERRY WOODS DRIVE, CRANBERRY TWP PA 16066
Ryan John T Iii	director, 10 percent owner, officer: Chairman and CEO	P O BOX 426, PITTSBURGH PA 15230
Kenneth D. Krause	officer: VP, CFO and Treasurer	1000 CRANBERRY WOODS DRIVE, CRANBERRY TOWNSHIP PA 16066
Luca Savi	director	C/O ITT CORPORATION, 1133 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Sandra Phillips Rogers	director	1000 CRANBERRY WOODS DRIVE, CRANBERRY TOWNSHIP PA 16066
Blanco Steven C. Sr.	officer: Vice President	1000 CRANBERRY WOODS DRIVE, CRANBERRY TOWNSHIP PA 16066
Diane M Pearse	director	P O BOX 426, PITTSBURGH PA 152300426