Gentherm (Gentherm) Interest Expense : $-15 Mil (TTM As of Dec. 2023)

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What is Gentherm Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gentherm's interest expense for the three months ended in Dec. 2023 was $ -5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-15 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. Gentherm's Operating Income for the three months ended in Dec. 2023 was $ 33 Mil. Gentherm's Interest Expense for the three months ended in Dec. 2023 was $ -5 Mil. Gentherm's Interest Coverage for the quarter that ended in Dec. 2023 was 6.36. 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.

Gentherm Interest Expense Historical Data

The historical data trend for Gentherm'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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Gentherm Interest Expense Chart

Gentherm Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-4.76

-4.56

-2.76

-4.29

-14.64

Gentherm 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															-3.01	-4.14	-1.93	-3.37	-5.20

Gentherm 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 Mil.

Gentherm (NAS:THRM) 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.

Gentherm's Interest Expense for the three months ended in Dec. 2023 was $-5 Mil. Its Operating Income for the three months ended in Dec. 2023 was $33 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $238 Mil.

Gentherm'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	*	33.03	/	-5.197
	=	6.36

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

Gentherm (Gentherm) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Gentherm Inc (NAS:THRM) » Definitions » Interest Expense

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Traded in Other Exchanges

QA4A:Germany

Address

21680 Haggerty Road, Northville, MI, USA, 48167

Website

https://www.gentherm.com

Gentherm Inc is an automotive parts manufacturer. The business activities of the group function through the Automotive and Medical segments. The vast majority of the firm's revenue comes from the Automotive segment, which includes automotive climate comfort systems, automotive cable systems, battery performance solutions, and automotive electronics and software systems. The medical segment is comprised of the results from the patient temperature management business in the medical industry. Its geographical segments are the United States, China, South Korea, Germany, Japan, the Czech Republic, and other countries.

Executives

Kenneth E Washington	director	6555 STATE HWY 161, IRVING TX 75039
Thomas Stocker	officer: SVP and General Manager	21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Rafael Barkas	officer: SVP, Global Ops & Supply Chain	21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Vishnu Sundaram	officer: Chief Technology Officer	21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Kauffman Wayne S Iii	officer: VP and General Counsel	21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Breisacher Nicholas	officer: Chief Accounting Officer	21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Barbara J Runyon	officer: Chief Human Resources Officer	21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Matthew Fisch	officer: SVP & Chief Technology Officer	21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Yijing Brentano	officer: Senior VP IR and Corp Comm	21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Phillip Eyler	director, officer: Chief Executive Officer	C/O HARMAN INTERNATIONAL INDUSTRIES, INC, 400 ATLANTIC STREET, STAMFORD CT 06901
Jaymi Wilson	officer: SVP, Global Sales	21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Jennifer L. Zoldos	officer: Chief Accounting Officer	21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Paul Cameron Giberson	officer: Sr. VP Sales	21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Matteo Anversa	officer: Ex VP, CFO & Treasurer	1293 SOUTH MAIN STREET, AKRON OH 44301
Elizabeth Meter	director	21680 HAGGERTY ROAD, NORTHVILLE MI 48167