FLSmidth. A/S (FLSmidth. A/S) Interest Expense : $-21 Mil (TTM As of Dec. 2023)

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What is FLSmidth. A/S Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. FLSmidth. A/S's interest expense for the three months ended in Dec. 2023 was $ 145 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-21 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. FLSmidth. A/S's Operating Income for the three months ended in Dec. 2023 was $ 52 Mil. FLSmidth. A/S's Interest Expense for the three months ended in Dec. 2023 was $ 145 Mil. FLSmidth. A/S did not have earnings to cover the interest expense. 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.

FLSmidth. A/S Interest Expense Historical Data

The historical data trend for FLSmidth. A/S'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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FLSmidth. A/S Interest Expense Chart

FLSmidth. A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-13.39

-13.08

-12.76

-12.25

-23.56

FLSmidth. A/S 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															160.90	-63.29	-64.03	-38.93	144.99

FLSmidth. A/S 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 $-21 Mil.

FLSmidth. A/S (OTCPK:FLIDF) 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.

FLSmidth. A/S's Interest Expense for the three months ended in Dec. 2023 was $145 Mil. Its Operating Income for the three months ended in Dec. 2023 was $52 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $258 Mil.

FLSmidth. A/S's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

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

FLSmidth. A/S (FLSmidth. A/S) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » FLSmidth & Co. A/S (OTCPK:FLIDF) » Definitions » Interest Expense

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FLIDY:USA FLSc:UK 0OJA:UK FLS:Denmark F6O1:Germany

Address

Vigerslev Alle 77, Valby, Copenhagen, DNK, DK-2500

Website

https://www.flsmidth.com

FLSmidth & Co. A/S is a Denmark-based company that designs, manufactures, and supplies machinery, cement plants, and minerals processing solutions and provide services along with the construction. The company's two segments are mining and cement. The majority of revenue is generated from the mining segment. Geographically, the company operates across the Americas, Asia, Africa, Europe, and Oceania. Among all areas, South America contributes the most revenue, mainly due to mining.