Teledyne Technologies (Teledyne Technologies) Interest Expense

: $-77 Mil (TTM As of Dec. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Teledyne Technologies's interest expense for the three months ended in Dec. 2023 was $ -16 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. Teledyne Technologies's Operating Income for the three months ended in Dec. 2023 was $ 272 Mil. Teledyne Technologies's Interest Expense for the three months ended in Dec. 2023 was $ -16 Mil. Teledyne Technologies's Interest Coverage for the quarter that ended in Dec. 2023 was 17.40. 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.

Teledyne Technologies Interest Expense Historical Data

The historical data trend for Teledyne Technologies'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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Teledyne Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-21.00

-15.30

-90.80

-89.30

-77.30

Teledyne Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense																-22.50	-21.00	-22.30	-18.40	-15.60

Teledyne Technologies 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.

Teledyne Technologies (NYSE:TDY) 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.

Teledyne Technologies's Interest Expense for the three months ended in Dec. 2023 was $-16 Mil. Its Operating Income for the three months ended in Dec. 2023 was $272 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $2,645 Mil.

Teledyne Technologies'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	*	271.5	/	-15.6
	=	17.40

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

Teledyne Technologies (Teledyne Technologies) Business Description

Industry

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Traded in Other Exchanges

TYZ:Germany TYZ:Germany

Address

1049 Camino Dos Rios, Thousand Oaks, CA, USA, 91360-2362

Website

https://www.teledyne.com

Teledyne Technologies Inc sells technologies for industrial markets. Roughly a fourth of Teledyne's revenue comes from contracts with the United States government. The firm operates in four segments: instrumentation, digital imaging, aerospace and defense electronics, and engineered systems. The instrumentation segment provides monitoring instruments primarily for marine and environmental applications. The digital imaging segment contributes the largest proportion of revenue, and includes image sensors and cameras for industrial, government, and medical customers. The aerospace and defense electronics segment provides electronic components and communication products for aircraft. The engineered systems segment provides solutions for defense, space, environmental, and energy applications.

Executives

Sue Main	officer: VP & Controller	TELEDYNE TECHNOLOGIES INCORPORATED, 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Jason Vanwees	officer: VP, Strategy, Mergers & Acq.	1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Robert Mehrabian	officer: Chairman, Pres. & CEO	C/O TELEDYNE TECHNOLOGIES INCORPORATED, 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Von Schack Wesley W	director	ENERGY EAST CORP, PO BOX 3287, ITHACA NY 14852-3287
Michael T Smith	director	190 NW SPANISH RIVER BOULEVARD, SUITE 101, BOCA RATON FL 33431
Jane Cecile Sherburne	director	ONE WALL STREET, NEW YORK NY 10286
Melanie Susan Cibik	officer: Sr. VP, General Counsel & Sec.	1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Stephen Finis Blackwood	officer: Senior VP & Treasurer	1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Bobb George C Iii	officer: See Remarks	1039 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Charles Crocker	director	ONE POST ST, STE 2500, SAN FRANCISCO CA 94104
Kenneth C Dahlberg	director	SCIENCE APPLICATIONS INTERNATIONAL CORP., 10260 CAMPUS POINT DRIVE, SAN DIEGO CA 92121
Cynthia Y Belak	officer: Vice President and Controller	1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Simon M Lorne	director	666 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10103
Vincent J Morales	director	PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Aldo Pichelli	officer: Segment President & COO	TELEDYNE TECHNOLOGIES INCORPORATED, 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360