FreightCar America (FreightCar America) Interest Expense

: $-15.0 Mil (TTM As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. FreightCar America's interest expense for the three months ended in Dec. 2023 was $ -2.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-15.0 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. FreightCar America's Operating Income for the three months ended in Dec. 2023 was $ 4.4 Mil. FreightCar America's Interest Expense for the three months ended in Dec. 2023 was $ -2.0 Mil. FreightCar America's Interest Coverage for the quarter that ended in Dec. 2023 was 2.13. 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.

FreightCar America Interest Expense Historical Data

The historical data trend for FreightCar America'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.

FreightCar America Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.61

-2.23

-13.32

-25.42

-15.03

FreightCar America Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense																-7.87	-6.60	-4.35	-2.04	-2.04

FreightCar America 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 $-15.0 Mil.

FreightCar America (NAS:RAIL) 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.

FreightCar America's Interest Expense for the three months ended in Dec. 2023 was $-2.0 Mil. Its Operating Income for the three months ended in Dec. 2023 was $4.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $44.4 Mil.

FreightCar America'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	*	4.359	/	-2.043
	=	2.13

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

FreightCar America (FreightCar America) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » FreightCar America Inc (NAS:RAIL) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

FAR:Germany

Address

125 S. Wacker Drive, Suite 1500, Chicago, IL, USA, 60606

Website

https://www.freightcaramerica.com

FreightCar America Inc is a diversified manufacturer of railcars and railcar components in North America. The company design and manufacture a broad variety of freight cars including covered hoppers, open-top hoppers, gondolas, intermodal, and non-intermodal flat cars that transport numerous types of dry bulk and containerized freight products. Its Manufacturing segment includes new railcar manufacturing, used railcar sales, railcar leasing, and major railcar rebuilds and generates revenue from the same.

Executives

Benavides Alejandro Gil	10 percent owner	BARRANQUILLA 404 COLONIA GRADALUPE, MONCLOVA N9 25750
Nicholas J Randall	officer: Chief Operating Officer	125 S WACKER DRIVE, SUITE 1500, CHICAGO IL 60606
De Nigris Felan Jose	director	125 S WACKER DRIVE, SUITE 1500, CHICAGO IL 60606
James R Meyer	director, officer: President and CEO	TWO NORTH RIVERSIDE PLAZA, SUITE 1300, CHICAGO IL 60606
W Matthew Tonn	officer: Chief Commercial Officer	2 N RIVERSIDE PLAZA, SUITE 1300, CHICAGO IL 60606
Fuentes Sierra Juan Carlos	officer: Corporate Controller & CAO	125 S WACKER DRIVE, SUITE 1500, CHICAGO IL 60606
Celia Perez	officer: GC and Corp Secretary	125 S WACKER DRIVE, SUITE 1500, CHICAGO IL 60606
Travis D Kelly	director	125 S WACKER DRIVE, SUITE 1500, CHICAGO IL 60606
Michael Anthony Riordan	officer: Corporate Controller and CAO	125 SOUTH WACKER DRIVE, SUITE 1500, CHICAGO IL 60606
Rodger L Boehm	director	165 WESTVIEW ROAD, WINNETKA IL 60093
Pacific Investment Management Co Llc	10 percent owner	650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Terence R Rogers	officer: Vice Pres, CFO and Treasurer	RYERSON INC, 2621 W. 15TH PLACE, CHICAGO IL 60608
Gil Benavides Jesus Salvador	director	125 S. WACKER DRIVE, SUITE 1500, C/O FREIGHTCAR AMERICA, INC., CHICAGO IL 60606
Fabricaciones Y Servicios De Mexico, S.a. De C.v.	10 percent owner	CARRETARA 57 KM 178, CASTANOS O5 25870
Elizabeth K Arnold	director	8310 S. VALLEY HWY, SUITE 350, DENVER CO 80112