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SGL Carbon SE (XTER:SGL) Interest Expense : €-42 Mil (TTM As of Mar. 2024)


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What is SGL Carbon SE Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SGL Carbon SE's interest expense for the three months ended in Mar. 2024 was € -10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-42 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. SGL Carbon SE's Operating Income for the three months ended in Mar. 2024 was € 24 Mil. SGL Carbon SE's Interest Expense for the three months ended in Mar. 2024 was € -10 Mil. SGL Carbon SE's Interest Coverage for the quarter that ended in Mar. 2024 was 2.35. 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.

SGL Carbon SE Interest Expense Historical Data

The historical data trend for SGL Carbon SE'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.

SGL Carbon SE Interest Expense Chart

SGL Carbon SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -37.10 -30.40 -28.30 -28.30 -38.90

SGL Carbon SE Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -7.50 -8.20 -9.60 -13.60 -10.20

SGL Carbon SE 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-42 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.

SGL Carbon SE  (XTER:SGL) 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.

SGL Carbon SE's Interest Expense for the three months ended in Mar. 2024 was €-10 Mil. Its Operating Income for the three months ended in Mar. 2024 was €24 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €281 Mil.

SGL Carbon SE's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*24/-10.2
=2.35

* 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.

SGL Carbon SE (XTER:SGL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » SGL Carbon SE (XTER:SGL) » Definitions » Interest Expense
Comparable Companies
XTER:2HRA XTER:IBU TSE:4063 SAU:2010 XTER:BAS DOW XKRX:051910 CE SHSE:600989 SZSE:002493 TSE:4091 XKLS:5183 XKRX:086520 XBRU:SYENS TPE:1326 TSE:3407 SZSE:002460 SHSE:600160 SHSE:600426 SHSE:603260
Traded in Other Exchanges
SGLFF:USA 0MPL:UK SGL:Austria
Address
Sohnleinstrasse 8, Wiesbaden, DEU, 65201
Website
https://www.sglcarbon.com
SGL Carbon SE makes and sells carbon- and graphite-based products and is organized into below segments: composites-fibers and materials; graphite materials and systems; process technology and carbon fibres. The graphite materials and systems segment sells coarse, fine-grain, and expanded graphite products for industrial application and machine components to the semiconductor, energy, chemicals, and automotive industries. The carbon fibers and materials segment sells carbon fiber-based products to the automotive, energy, aerospace and defense, and consumer goods industries. The company generates more than half of its revenue from the graphite materials and systems segment and earns most of its revenue in Europe.
Executives
Dr. Torsten Derr Board of Directors
Thomas Dippold Board of Directors

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