Mettler-Toledo International (Mettler-Toledo International) Interest Expense : $-77 Mil (TTM As of Dec. 2023)

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What is Mettler-Toledo International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mettler-Toledo International's interest expense for the three months ended in Dec. 2023 was $ -20 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-77 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. Mettler-Toledo International's Operating Income for the three months ended in Dec. 2023 was $ 264 Mil. Mettler-Toledo International's Interest Expense for the three months ended in Dec. 2023 was $ -20 Mil. Mettler-Toledo International's Interest Coverage for the quarter that ended in Dec. 2023 was 13.42. 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.

Mettler-Toledo International Interest Expense Historical Data

The historical data trend for Mettler-Toledo International'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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Mettler-Toledo International Interest Expense Chart

Mettler-Toledo International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-37.41

-38.62

-43.24

-55.39

-77.37

Mettler-Toledo International 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															-16.81	-18.18	-19.25	-20.28	-19.66

Mettler-Toledo International 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 $-77 Mil.

Mettler-Toledo International (NYSE:MTD) 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.

Mettler-Toledo International's Interest Expense for the three months ended in Dec. 2023 was $-20 Mil. Its Operating Income for the three months ended in Dec. 2023 was $264 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $1,889 Mil.

Mettler-Toledo International'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	*	263.698	/	-19.655
	=	13.42

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

Mettler-Toledo International (Mettler-Toledo International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Mettler-Toledo International Inc (NYSE:MTD) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

MTD:Mexico MTO:Germany MTO:Germany M1TD34:Brazil

Address

1900 Polaris Parkway, Columbus, OH, USA, 43240

Website

https://www.mt.com

Mettler-Toledo supplies weighing and precision instruments to customers in the life sciences, industrial, and food retail industries. Its products include laboratory and retail scales, pipettes, pH meters, thermal analysis equipment, titrators, metal detectors, and X-ray analyzers. Mettler leads the market for weighing instrumentation and controls more than 50% of the market for lab balances. The business is geographically diversified, with sales distribution roughly as follows: United States around 30% of sales, Europe around 30%, China around 20%, and the rest of the world around 20%.

Executives

Roland D Diggelmann	director	3950 SOUTH COUNTRY CLUB ROAD, SUITE 470, TUCSON AZ 85714
Wolfgang Wienand	director	IM LANGACHER 44, GREIFENSEE V8 8606
Gerry Keller	officer: Head of Process Analytics	1900 POLARIS PKWY, COLUMBUS OH 43240
Wong Ann Ping Richard	officer: Head of Asia/Pac Market Orgs	IM LANGACHER 44, GREIFENSEE V8 8606
Shawn Vadala	officer: Chief Financial Officer	1900 POLARIS PKWY, COLUMBUS OH 43240
Wah-hui Chu	director	IM LANGACHER, GREIFENSEE V8 8606
Oliver A Filliol	director	METTLER TOLEDO INTL INC, IM LANGACHER 44, GREIFENSEE V8 8606
Christian Magloth	officer: Head of Human Resources	IM LANGACHER, GREIFENSEE V8 8608
Robert F Spoerry	director	METTLER TOLEDO INTL INC, IM LANGACHER, GREIFENSEE V8 99999
Peter Aggersbjerg	officer: Head of Divisions & Operations	1900 POLARIS PKWY, COLUMBUS OH 43240
Ingrid Zhang	director	IM LANGACHER 44, GREIFENSEE V8 8606
De La Guerroniere Marc	officer: Head of Eur & NA Market Orgs	IM LANGACHER, GREIFENSEE V8 8606
Elisha W Finney	director	C/O VARIAN MEDICAL SYSTEMS, INC, 3100 HANSEN WAY M/S E-327, PALO ALTO CA 94304
Michael A Kelly	director	1900 POLARIS PKWY, COLUMBUS OH 43240
Patrick Kaltenbach	officer: President and CEO	IM LANGACHER 44, GREIFENSEE V8 8606