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Atlas Copco AB (Atlas Copco AB) Interest Expense : $-40 Mil (TTM As of Mar. 2024)


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What is Atlas Copco AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Atlas Copco AB's interest expense for the three months ended in Mar. 2024 was $ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-40 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. Atlas Copco AB's Operating Income for the three months ended in Mar. 2024 was $ 898 Mil. Atlas Copco AB's Interest Expense for the three months ended in Mar. 2024 was $ 0 Mil. GuruFocus does not calculate Atlas Copco AB's interest coverage with the available data. 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.

Atlas Copco AB Interest Expense Historical Data

The historical data trend for Atlas Copco AB'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.

Atlas Copco AB Interest Expense Chart

Atlas Copco AB 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 -50.15 -46.75 -43.13 -42.30 -89.11

Atlas Copco AB 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 -4.20 -15.14 -12.90 -12.19 -

Atlas Copco AB 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 $-40 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.

Atlas Copco AB  (OTCPK:ATLCY) 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.

Atlas Copco AB's Interest Expense for the three months ended in Mar. 2024 was $0 Mil. Its Operating Income for the three months ended in Mar. 2024 was $898 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $3,020 Mil.

Atlas Copco AB's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

GuruFocus does not calculate Atlas Copco AB's interest coverage with the available data.

* 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.

Atlas Copco AB (Atlas Copco AB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Atlas Copco AB (OTCPK:ATLCY) » Definitions » Interest Expense
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OSTO:SAND OSTO:ALFA OSTO:TREL B OSTO:BEIJ B OSTO:MYCR OSTO:EPRO B OSTO:TROAX OSTO:BEIA B OSTO:ALIG OSTO:COIC GE XTER:SIE XPAR:SU ETN ITW PH XKRX:373220 EMR AME OTIS
Traded in Other Exchanges
ATLFF:USA ATLKY:USA ATLPF:USA ATCO B:Sweden ATCO A:Sweden ATCOAs:UK 0XXT:UK 0XXV:UK ACO:Germany ACO5:Germany ACO5:Germany ACO4:Germany
Address
Sickla Industrivag 19, Nacka, Stockholm, SWE, SE-105 23
Website
https://www.atlascopcogroup.com
Atlas Copco is a 140-year-old Swedish company that pioneered air compression technology and remains a leading air compressor manufacturer. Atlas Copco is also a leading manufacturer of vacuum pump equipment, industrial power tools, and portable power and air compression equipment. The company's operations match the geographic breadth of its customers, with a presence in 180 countries. Atlas Copco's revenue is derived from three sources: initial equipment sales, spare parts, and maintenance.

Atlas Copco AB (Atlas Copco AB) Headlines

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