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Leoni AG (WBO:LEO) Interest Expense : €-70 Mil (TTM As of Dec. 2022)


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What is Leoni AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Leoni AG's interest expense for the three months ended in Dec. 2022 was € -23 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2022 was €-70 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. Leoni AG's Operating Income for the three months ended in Dec. 2022 was € -569 Mil. Leoni AG's Interest Expense for the three months ended in Dec. 2022 was € -23 Mil. Leoni 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.

Leoni AG Interest Expense Historical Data

The historical data trend for Leoni 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.

Leoni AG Interest Expense Chart

Leoni AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -23.77 -33.59 -53.37 -64.57 -66.70

Leoni AG Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 -22.73 -17.45 -13.40 -15.90 -23.25

Leoni 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was €-70 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.

Leoni AG  (WBO:LEO) 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.

Leoni AG's Interest Expense for the three months ended in Dec. 2022 was €-23 Mil. Its Operating Income for the three months ended in Dec. 2022 was €-569 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2022 was €436 Mil.

Leoni AG's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Leoni AG did not have earnings to cover the interest expense.

* 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.

Leoni AG (WBO:LEO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Leoni AG (WBO:LEO) » Definitions » Interest Expense
Comparable Companies
IMHC PWDY KRFG CAPC COUV DLYT NXU POLA RAYA OZSC SZSE:300750 XSWX:ABBN BKK:DELTA TSE:6503 SZSE:300124 XPAR:LR XKRX:247540 SZSE:300274 HUBB VRT
Traded in Other Exchanges
N/A
Address
Marienstrasse 7, Nuremberg, DEU, D-90402
Website
https://www.leoni.com
Leoni AG is a manufacturer of wiring systems used in the automotive, healthcare, communications, and infrastructure industries. The company operates two business segments: wiring systems and wire & cable solutions, which offer entire wiring systems and harnesses, as well as various copper, hybrid, and optical cables and fibers. Its customers include carmakers, automotive suppliers, commercial vehicle manufacturers, the agricultural and special vehicles industry, and makers of power sports vehicles. Leoni generates the largest share of its revenue in Europe, with a focus on Germany and Eastern Europe. The company also has end markets in the Americas and Asia.

Leoni AG (WBO:LEO) Headlines

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