MTU Aero Engines AG (MTU Aero Engines AG) Interest Expense : $-75 Mil (TTM As of Dec. 2023)

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What is MTU Aero Engines AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MTU Aero Engines AG's interest expense for the six months ended in Dec. 2023 was $ -41 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-75 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. MTU Aero Engines AG's Operating Income for the six months ended in Dec. 2023 was $ -636 Mil. MTU Aero Engines AG's Interest Expense for the six months ended in Dec. 2023 was $ -41 Mil. MTU Aero Engines AG 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.

MTU Aero Engines AG Interest Expense Historical Data

The historical data trend for MTU Aero Engines 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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MTU Aero Engines AG Interest Expense Chart

MTU Aero Engines AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-57.78

-53.53

-54.24

-47.67

-75.25

MTU Aero Engines AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-30.51	-22.20	-25.42	-33.59	-41.44

MTU Aero Engines 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-75 Mil.

MTU Aero Engines AG (OTCPK:MTUAF) 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.

MTU Aero Engines AG's Interest Expense for the six months ended in Dec. 2023 was $-41 Mil. Its Operating Income for the six months ended in Dec. 2023 was $-636 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $1,330 Mil.

MTU Aero Engines AG's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

MTU Aero Engines AG did not have earnings to cover the interest expense.

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

MTU Aero Engines AG (MTU Aero Engines AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » MTU Aero Engines AG (OTCPK:MTUAF) » Definitions » Interest Expense

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Traded in Other Exchanges

MTUAY:USA 1MTX:Italy MTXd:UK 0FC9:UK MTX1:Germany MTX1:Germany MTX:Germany MTX:Germany MTX:Germany MTX:Germany MTX:Austria

Address

Dachauer Strasse 665, Munich, BY, DEU, 80995

Website

https://www.mtu.de

MTU Aero Engines specializes in the development and production of commercial and military aircraft engine components and spare parts. It also performs maintenance, repair, and overhaul services for aircraft engines. More than 30% of commercial aircraft have MTU technology on board. MTU is also a major assembler of aircraft engines. The commercial and military engine segment develops and manufactures engine components for new engine production and spare parts for the aftermarket. The commercial maintenance business reports MTU's MRO services.

MTU Aero Engines AG (MTU Aero Engines AG) Headlines

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