Andritz AG (Andritz AG) Interest Expense : $-52 Mil (TTM As of Mar. 2024)

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What is Andritz AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Andritz AG's interest expense for the three months ended in Mar. 2024 was $ -12 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-52 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. Andritz AG's Operating Income for the three months ended in Mar. 2024 was $ 124 Mil. Andritz AG's Interest Expense for the three months ended in Mar. 2024 was $ -12 Mil. Andritz AG's Interest Coverage for the quarter that ended in Mar. 2024 was 10.28. 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.

Andritz AG Interest Expense Historical Data

The historical data trend for Andritz 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.

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Andritz AG Interest Expense Chart

Andritz AG Annual Data

Trend

Dec14

Dec15

Dec16

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Dec19

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Dec23

Interest Expense

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-76.96

-56.20

-45.20

-34.22

-53.33

Andritz AG 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															-12.96	-12.68	-12.49	-14.61	-12.07

Andritz 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-52 Mil.

Andritz AG (OTCPK:ADRZY) 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.

Andritz AG's Interest Expense for the three months ended in Mar. 2024 was $-12 Mil. Its Operating Income for the three months ended in Mar. 2024 was $124 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $720 Mil.

Andritz AG'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	*	124.022	/	-12.065
	=	10.28

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

Andritz AG (Andritz AG) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Andritz AG (OTCPK:ADRZY) » Definitions » Interest Expense

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ADRZF:USA 0MJZ:UK AZ2:Germany ANDR:Czech Republic ANDR:Austria

Address

Stattegger Strasse 18, Graz, AUT, 8045

Website

https://www.andritz.com

Andritz AG is a producer of high-technology industrial machinery and operates through four operating segments: ANDRITZ Pulp & Paper provides sustainable technology, automation, and service solutions for the production of all types of pulp, paper, board, and tissue, ANDRITZ Metals includes suppliers of technologies, plants, and digital solutions in metal forming, and also includes automation and software solutions, process know-how, and service, ANDRITZ Hydro includes suppliers of electromechanical equipment and services for hydropower plants, and ANDRITZ Separation provides mechanical and thermal technologies as well as services and the related automation solutions for solid/liquid separation, serving the chemical, environmental, food, and the mining and minerals industries.

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