Twin Disc (Twin Disc) Interest Expense

: $-1.9 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. Twin Disc's interest expense for the three months ended in Dec. 2023 was $ -0.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-1.9 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. Twin Disc's Operating Income for the three months ended in Dec. 2023 was $ 3.5 Mil. Twin Disc's Interest Expense for the three months ended in Dec. 2023 was $ -0.4 Mil. Twin Disc's Interest Coverage for the quarter that ended in Dec. 2023 was 8.95. 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.

Twin Disc Interest Expense Historical Data

The historical data trend for Twin Disc'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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Twin Disc Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

-1.93

-1.86

-2.36

-2.13

-2.25

Twin Disc Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense																-0.59	-0.52	-0.57	-0.39	-0.39

Twin Disc 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 $-1.9 Mil.

Twin Disc (NAS:TWIN) 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.

Twin Disc's Interest Expense for the three months ended in Dec. 2023 was $-0.4 Mil. Its Operating Income for the three months ended in Dec. 2023 was $3.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $25.7 Mil.

Twin Disc'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	*	3.507	/	-0.392
	=	8.95

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

Twin Disc (Twin Disc) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Twin Disc Inc (NAS:TWIN) » Definitions » Interest Expense

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Traded in Other Exchanges

TWN:Germany

Address

222 East Erie Street, Suite 400, Milwaukee, WI, USA, 53202

Website

https://www.twindisc.com

Twin Disc Inc is a United States-based firm engaged in the manufacture and sale of marine and heavy-duty off-highway power transmission equipment. The company operates its business through two reportable segments: Manufacturing and Distribution. Its products portfolio includes marine transmissions, surface drives, propellers, and boat management systems as well as power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches, and control systems.

Executives

Kevin M. Olsen	director	C/O DORMAN PRODUCTS, INC., 3400 EAST WALNUT STREET, COLMAR PA 18915
Juliann Larimer	director	C/O ZEBRA TECHNOLOGIES CORPORATION, 333 CORPORATE WOODS PARKWAY, VERNON HILLS IL 60061
Michael Doar	director	ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
David B Rayburn	director
Malcolm F Moore	director	143 WATER STREET, 143 WATER STREET, WEST BEND WI 53095
Christopher Daniel Bridleman	officer: VP Global Operations	1328 RACINE STREET, RACINE WI 53403
Denise Wilcox	officer: VP-HUMAN RESOURCES	1328 RACINE STREET, RACINE WI 53403
Jeffrey Scott Knutson	officer: Corporate Controller	1328 RACINE STREET, RACINE WI 53403
John H Batten	officer: VP-GM - Marine	1328 RACINE ST., RACINE WI 53403
David R Zimmer	director	1255 INDIAN MOUND WEST, BLOOMFIELD MI 48301
Ggcp, Inc.	10 percent owner	189 MASON STREET, GREENWICH CT 06830
Gamco Investors, Inc. Et Al	10 percent owner	191 MASON STREET, GREENWICH CT 06830
Mario J Gabelli	10 percent owner	191 MASON STREET, GREENWICH CT 06830
Associated Capital Group, Inc.	10 percent owner	191 MASON STREET, GREENWICH CT 06830
Janet Plaut Giesselman	director	25435 HARVARD RD., BEACHWOOD OH 44122