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Lenzing AG (WBO:LNZ) Interest Expense : €-91 Mil (TTM As of Dec. 2023)


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What is Lenzing AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lenzing AG's interest expense for the three months ended in Dec. 2023 was € -18 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-91 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. Lenzing AG's Operating Income for the three months ended in Dec. 2023 was € -455 Mil. Lenzing AG's Interest Expense for the three months ended in Dec. 2023 was € -18 Mil. Lenzing 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.

Lenzing AG Interest Expense Historical Data

The historical data trend for Lenzing 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.

Lenzing AG Interest Expense Chart

Lenzing AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.15 -26.70 -17.62 -33.16 -110.41

Lenzing AG 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 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 -36.15 -32.90 -28.60 -12.30 -17.68

Lenzing 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 quarterly data reported by the company within the most recent 12 months, which was €-91 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.

Lenzing AG  (WBO:LNZ) 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.

Lenzing AG's Interest Expense for the three months ended in Dec. 2023 was €-18 Mil. Its Operating Income for the three months ended in Dec. 2023 was €-455 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was €1,907 Mil.

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

Lenzing 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.

Lenzing AG (WBO:LNZ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Lenzing AG (WBO:LNZ) » Definitions » Interest Expense
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Traded in Other Exchanges
LNZNF:USA 0NCV:UK LEN:Germany
Address
Werkstrasse 2, Lenzing, AUT, 4860
Website
https://www.lenzing.com
Lenzing AG manufactures and sells wood-based cellulose fibers and other chemical-based products. The company's segment includes The Division Fiber produces all three generations of wood-based cellulosic fibers and markets them under the product brands TENCEL, VEOCEL, LENZING ECOVERO, and LENZING. the products made from lyocell, modal, and viscose fibers are used for the production of textiles as well as nonwovens and special applications, The Division Pulp produces and procures dissolving pulp for fiber production. The pulp is used for the company's own cellulosic fiber production and marketed externally, and Others include central headquarters functions. It derives a majority of its revenue from the Division fiber segment.
Executives
Georg Liftinger Supervisory Board
Dr. Franz Gasselsberger Supervisory Board
Dr. Christian Bruch Supervisory Board
Stephan Sielaff Board of Directors
Daniela Födinger Supervisory Board
Patrick Prügger Supervisory Board

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