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Belimo Holding AG (XSWX:BEAN) Interest Expense : CHF-1.7 Mil (TTM As of Dec. 2023)


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What is Belimo Holding AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Belimo Holding AG's interest expense for the six months ended in Dec. 2023 was CHF 1.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was CHF-1.7 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. Belimo Holding AG's Operating Income for the six months ended in Dec. 2023 was CHF 67.7 Mil. Belimo Holding AG's Interest Expense for the six months ended in Dec. 2023 was CHF 1.3 Mil. Belimo Holding 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.


Belimo Holding AG Interest Expense Historical Data

The historical data trend for Belimo Holding 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.

Belimo Holding AG Interest Expense Chart

Belimo Holding 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 -1.00 -1.17 -0.98 -0.60 -1.69

Belimo Holding 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 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 -0.10 -0.61 0.01 -2.98 1.29

Belimo Holding 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 CHF-1.7 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.


Belimo Holding AG  (XSWX:BEAN) 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.

Belimo Holding AG's Interest Expense for the six months ended in Dec. 2023 was CHF1.3 Mil. Its Operating Income for the six months ended in Dec. 2023 was CHF67.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was CHF0.0 Mil.

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

* 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.

Good Sign:

Belimo Holding AG has no debt.


Belimo Holding AG (XSWX:BEAN) Business Description

Traded in Other Exchanges
Address
Brunnenbachstrasse 1, Hinwil, CHE, 8340
Belimo Holding AG develops, produces, and distributes innovative damper actuators, control valves, and sensor and meter solutions for heating, ventilation, and air conditioning systems The variety of products includes standard, spring-return, and safety actuators for air applications and control, shut-off, and change-over valves for water applications. The company's majority end markets by revenue are EMEA and the Americas. It also has a presence in Asia and the Pacific.

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