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Syngenta AG (Syngenta AG) Interest Expense : $-274 Mil (TTM As of Dec. 2018)


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What is Syngenta AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Syngenta AG's interest expense for the six months ended in Dec. 2018 was $ -123 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2018 was $-274 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. Syngenta AG's Operating Income for the six months ended in Dec. 2018 was $ 512 Mil. Syngenta AG's Interest Expense for the six months ended in Dec. 2018 was $ -123 Mil. Syngenta AG's Interest Coverage for the quarter that ended in Dec. 2018 was 4.16. 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.


Syngenta AG Interest Expense Historical Data

The historical data trend for Syngenta 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.

* Premium members only.

Syngenta AG Interest Expense Chart

Syngenta AG Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -195.00 -169.00 -200.00 -165.00 -379.00

Syngenta AG Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
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 - -77.00 - -151.00 -123.00

Syngenta 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. 2018 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-274 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.


Syngenta AG  (NYSE:SYT) 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.

Syngenta AG's Interest Expense for the six months ended in Dec. 2018 was $-123 Mil. Its Operating Income for the six months ended in Dec. 2018 was $512 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2018 was $7,415 Mil.

Syngenta AG's Interest Coverage for the quarter that ended in Dec. 2018 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2018 )/Interest Expense (Q: Dec. 2018 )
=-1*512/-123
=4.16

* 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.


Syngenta AG (Syngenta AG) Business Description

Traded in Other Exchanges
N/A
Address
Schwarzwaldalle 215, Basel, CHE, 4058
Formed in 2000 from spin-offs of Novartis' crop-protection and seeds business and AstraZeneca's agrochemical business, Syngenta is a global producer of crop chemicals and seeds. The Swiss company is a leading manufacturer of crop-protection products, making multiple herbicides, insecticides, and fungicides used on a wide variety of crops. Syngenta's seeds business trails rivals, but the company is investing heavily in research and development in an effort to close the technology gap in genetically modified seeds.