Ecolab (Ecolab) Interest Expense

: $-349 Mil (TTM As of Dec. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ecolab's interest expense for the three months ended in Dec. 2023 was $ -95 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-349 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. Ecolab's Operating Income for the three months ended in Dec. 2023 was $ 619 Mil. Ecolab's Interest Expense for the three months ended in Dec. 2023 was $ -95 Mil. Ecolab's Interest Coverage for the quarter that ended in Dec. 2023 was 6.53. 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.

Ecolab Interest Expense Historical Data

The historical data trend for Ecolab'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.

Ecolab Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-214.40

-304.80

-230.60

-252.10

-348.90

Ecolab Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-73.00	-80.10	-82.70	-91.30	-94.80

Ecolab 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 quarterly data reported by the company within the most recent 12 months, which was $-349 Mil.

Ecolab (NYSE:ECL) 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.

Ecolab's Interest Expense for the three months ended in Dec. 2023 was $-95 Mil. Its Operating Income for the three months ended in Dec. 2023 was $619 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $7,977 Mil.

Ecolab'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	*	619.2	/	-94.8
	=	6.53

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

Ecolab (Ecolab) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ecolab Inc (NYSE:ECL) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

ECL:Mexico ECJ:Germany ECJ:Germany

Address

1 Ecolab Place, Saint Paul, MN, USA, 55102

Website

https://www.ecolab.com

Ecolab produces and markets cleaning and sanitation products for the industrial manufacturing, hospitality, healthcare, and life sciences markets. The firm is the global market share leader in this category with a wide array of products and services, including dish and laundry washing systems, pest control, and infection control products. Additionally, Ecolab sells customized water management solutions across its end markets. The company has a strong hold on the U.S. market and is growing its presence abroad.

Executives

Laurie M Marsh	officer: Senior VP - Human Resources	1601 W. DIEHL ROAD, NAPERVILLE IL 60563
David Maclennan	director	14701 CHARLSON ROAD, EDEN PRAIRIE MN 55347
Nicholas J. Alfano	officer: EVP & PRES - GLOBAL INDUSTRIAL	1 ECOLAB PLACE, SAINT PAUL MN 55102
Angela M Busch	officer: SVP - Corporate Development	1 ECOLAB PLACE, SAINT PAUL MN 55102
Gregory B Cook	officer: EVP & PRES - INST GROUP	1 ECOLAB PLACE, SAINT PAUL MN 55102
Nicolas A Granucci	officer: EVP & PRES - GLOBAL PEST	1 ECOLAB PLACE, SAINT PAUL MN 55102
Larry L Berger	officer: Chief Technical Officer & SVP	1 ECOLAB PLACE, SAINT PAUL MN 55102
Arthur J Higgins	director	C/O ZIMMER, INC., P.O. BOX 708, WARSAW IN 46580
Gail Peterson	officer: SVP - Global Mktg & Comms	1 ECOLAB PLACE, SAINT PAUL MN 55102
Christophe Beck	officer: Executive V.P., Instit. NA	370 WABASHA STREET NORTH, SAINT PAUL MN 55102
Eric Mark Green	director	530 HERMAN O. WEST DRIVE, EXTON PA 19341
Gates William H Iii	10 percent owner	2365 CARILLON POINT, KIRKLAND WA 98033
Michael C. Mccormick	officer: Ex.VP, GC & Asst. Secretary	1 ECOLAB PLACE, ST. PAUL MN 55102
Lanesha Minnix	officer: EVP, GC & SECRETARY	TWO LAKESIDE COMMONS, BUILDING TWO, 980 HAMMOND DRIVE, SUITE 500, ATLANTA GA 30328
Tracy B Mckibben	director	100 RIVERSIDE BOULEVARD, #3S, NEW YORK NY 10069