RHI Magnesita NV (RHI Magnesita NV) Interest Expense : $-105 Mil (TTM As of Dec. 2023)

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What is RHI Magnesita NV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. RHI Magnesita NV's interest expense for the six months ended in Dec. 2023 was $ -60 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-105 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. RHI Magnesita NV's Operating Income for the six months ended in Dec. 2023 was $ 186 Mil. RHI Magnesita NV's Interest Expense for the six months ended in Dec. 2023 was $ -60 Mil. RHI Magnesita NV's Interest Coverage for the quarter that ended in Dec. 2023 was 3.09. 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.

RHI Magnesita NV Interest Expense Historical Data

The historical data trend for RHI Magnesita NV'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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RHI Magnesita NV Interest Expense Chart

RHI Magnesita NV Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-85.44

-65.57

-48.59

-66.53

-105.23

RHI Magnesita NV Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial									-24.41	-27.91	-38.56	-44.85	-60.09

RHI Magnesita NV 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 semi-annually data reported by the company within the most recent 12 months, which was $-105 Mil.

RHI Magnesita NV (OTCPK:RMGNF) 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.

RHI Magnesita NV's Interest Expense for the six months ended in Dec. 2023 was $-60 Mil. Its Operating Income for the six months ended in Dec. 2023 was $186 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $2,009 Mil.

RHI Magnesita NV'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	*	185.932	/	-60.087
	=	3.09

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

RHI Magnesita NV (RHI Magnesita NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » RHI Magnesita NV (OTCPK:RMGNF) » Definitions » Interest Expense

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Traded in Other Exchanges

RHIMl:UK RHIM:UK RHF:Germany RHIM:Austria

Address

Kranichberggasse 6, Vienna, AUT, 1120

Website

https://www.rhimagnesita.com

RHI Magnesita NV operates in the refractory industry. The core activities of the group comprise the development and production as well as the sale, installation, and maintenance of refractory products and systems. It has two main operating segments, Steel and Industrial. The Steel segment specializes in supporting customers in the steel-producing and steel-processing industry. Its Industrial segment serves customers in the glass, cement/lime, nonferrous metals and environment, energy, chemicals Industries. The company generates maximum revenue from the Steel segment. Its geographical markets are Europe, North America, Asia Pacific, South America, and MEA-CIS.

RHI Magnesita NV (RHI Magnesita NV) Headlines

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