GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Suedzucker AG (LTS:0G7B) » Definitions » Interest Expense

Suedzucker AG (LTS:0G7B) Interest Expense : €-34 Mil (TTM As of Aug. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Suedzucker AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Suedzucker AG's interest expense for the three months ended in Aug. 2024 was € -34 Mil. Its interest expense for the trailing twelve months (TTM) ended in Aug. 2024 was €-34 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. Suedzucker AG's Operating Income for the three months ended in Aug. 2024 was € 129 Mil. Suedzucker AG's Interest Expense for the three months ended in Aug. 2024 was € -34 Mil. Suedzucker AG's Interest Coverage for the quarter that ended in Aug. 2024 was 3.79. 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.


Suedzucker AG Interest Expense Historical Data

The historical data trend for Suedzucker AG'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.

Suedzucker AG Interest Expense Chart

Suedzucker AG Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -41.00 -34.30 -34.60 -55.00 -111.00

Suedzucker AG Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -46.00 - - - -34.00

Suedzucker AG 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 Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-34 Mil.

* 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.


Suedzucker AG  (LTS:0G7B) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Suedzucker AG's Interest Expense for the three months ended in Aug. 2024 was €-34 Mil. Its Operating Income for the three months ended in Aug. 2024 was €129 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Aug. 2024 was €1,694 Mil.

Suedzucker AG's Interest Coverage for the quarter that ended in Aug. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Aug. 2024 )/Interest Expense (Q: Aug. 2024 )
=-1*129/-34
=3.79

* 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.

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


Suedzucker AG Business Description

Traded in Other Exchanges
Address
Maximilianstrasse 10, Mannheim, DEU, 68165
Suedzucker AG has five major segments: Sugar, Special products, Crop energies, starch, and Fruit. The Sugar segment produces Sugar, sugar specialty products, animal feed, and fertilizer. Special products produce frozen pizzas, baguettes, snacks, pasta, food ingredients, animal feed, starch, and pharmaceuticals. Crop energies produce bioethanol, protein-based food, and liquid carbon dioxide. The fruit segment makes juice concentrates, pure juice, wines, and beverage bases. Suedzucker sells its products to retailers and companies in the food, beverage, agriculture, paper, textile, chemicals, pharmaceuticals, cosmetics, animal feed, and petroleum industries. Germany is Suedzucker's biggest market, and the firm generates most of its revenue in European Union countries.

Suedzucker AG Headlines

No Headlines