Wacker Neuson SE (WBO:WAC) Interest Expense : €-18 Mil (TTM As of Dec. 2023)

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What is Wacker Neuson SE Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wacker Neuson SE's interest expense for the three months ended in Dec. 2023 was € 16 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-18 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. Wacker Neuson SE's Operating Income for the three months ended in Dec. 2023 was € -4 Mil. Wacker Neuson SE's Interest Expense for the three months ended in Dec. 2023 was € 16 Mil. Wacker Neuson SE 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.

Wacker Neuson SE Interest Expense Historical Data

The historical data trend for Wacker Neuson SE'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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Wacker Neuson SE Interest Expense Chart

Wacker Neuson SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-14.60

-12.50

-10.60

-10.70

-18.10

Wacker Neuson SE 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															24.00	-13.70	-8.90	-11.40	15.90

Wacker Neuson SE 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 €-18 Mil.

Wacker Neuson SE (WBO:WAC) 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.

Wacker Neuson SE's Interest Expense for the three months ended in Dec. 2023 was €16 Mil. Its Operating Income for the three months ended in Dec. 2023 was €-4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was €186 Mil.

Wacker Neuson SE'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.

Wacker Neuson SE (WBO:WAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Wacker Neuson SE (WBO:WAC) » Definitions » Interest Expense

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0K11:UK WAC:Germany

Address

Preussenstrasse 41, Munich, DEU, 80809

Website

https://www.wackerneusongroup.com

Wacker Neuson SE manufactures light and heavy equipment for construction, landscaping, agriculture, recycling, energy, and rail industries. Excavators, dumpers, loaders, concrete technology, generators, and saws make up just a portion of the company's product portfolio. Besides, the company offers attachments and accessories for products to help deliver optimal solutions. Wacker Neuson has three business segments: Compact Equipment (approximately half of the total revenue), Light Equipment, and Services. The company offers a range of services, spare parts, and rental equipment through sales and service stations strategically placed around the world. Europe generates the majority of total revenue, but the company also sells to customers in the Americas and Asia-Pacific.

Wacker Neuson SE (WBO:WAC) Headlines

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