DSV AS (DSV AS) Interest Expense : $-224 Mil (TTM As of Mar. 2024)

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What is DSV AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. DSV AS's interest expense for the three months ended in Mar. 2024 was $ -75 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-224 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. DSV AS's Operating Income for the three months ended in Mar. 2024 was $ 531 Mil. DSV AS's Interest Expense for the three months ended in Mar. 2024 was $ -75 Mil. DSV AS's Interest Coverage for the quarter that ended in Mar. 2024 was 7.11. 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.

DSV AS Interest Expense Historical Data

The historical data trend for DSV AS'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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DSV AS Interest Expense Chart

DSV AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-119.15

-151.75

-139.80

-196.36

-215.95

DSV AS 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															-62.71	-49.62	-93.59	-6.58	-74.64

DSV AS 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 $-224 Mil.

DSV AS (OTCPK:DSDVY) 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.

DSV AS's Interest Expense for the three months ended in Mar. 2024 was $-75 Mil. Its Operating Income for the three months ended in Mar. 2024 was $531 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $5,190 Mil.

DSV AS'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	*	530.773	/	-74.638
	=	7.11

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

DSV AS (DSV AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » DSV AS (OTCPK:DSDVY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

DSDVF:USA 0JN9:Mexico DSVc:UK 0JN9:UK DSV:Denmark DS81:Germany

Address

Hovedgaden 630, Hedehusene, DNK, 2640

Website

https://www.dsv.com

DSV is a Danish-listed transport and logistics company, offering transport services worldwide by road, air, sea, and train, with the bulk of its activities coming from its European trucking network and airfreight and sea freight forwarding businesses. Since its founding in 1976, the company has grown rapidly, mainly via acquisitions. The company has been active in the mergers and acquisitions segment, most recently acquiring peer GIL in 2021. This acquisition further diversifies its revenue base away from European road freight and adds scale in key regions such as the Middle East. It also moves DSV into third spot among the largest 3PL firms globally.

DSV AS (DSV AS) Headlines

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