Sulzer AG (XSWX:SUN) Interest Expense : CHF-30 Mil (TTM As of Dec. 2023)

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What is Sulzer AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sulzer AG's interest expense for the six months ended in Dec. 2023 was CHF -14 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was CHF-30 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. Sulzer AG's Operating Income for the six months ended in Dec. 2023 was CHF 182 Mil. Sulzer AG's Interest Expense for the six months ended in Dec. 2023 was CHF -14 Mil. Sulzer AG's Interest Coverage for the quarter that ended in Dec. 2023 was 12.94. 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.

Sulzer AG Interest Expense Historical Data

The historical data trend for Sulzer 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.

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Sulzer AG Interest Expense Chart

Sulzer AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-24.90

-24.10

-25.70

-27.30

-30.20

Sulzer 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															-13.30	-13.20	-14.10	-16.10	-14.10

Sulzer 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-30 Mil.

Sulzer AG (XSWX:SUN) 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.

Sulzer AG's Interest Expense for the six months ended in Dec. 2023 was CHF-14 Mil. Its Operating Income for the six months ended in Dec. 2023 was CHF182 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was CHF864 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	182.4	/	-14.1
	=	12.94

The higher the ratio, the stronger the company's financial strength is.

Sulzer AG (XSWX:SUN) Business Description

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SUNz:UK 0QQ9:UK

Address

Neuwiesenstrasse 15, Winterthur, CHE, 8401

Website

https://www.sulzer.com

Sulzer AG specializes in pumping solutions, rotating equipment maintenance, and mixing technology. It serves customers operating in the oil and gas, power, and water markets. Pumping solutions focus on transporting and processing oil and derivatives, treating water, and renewable power generation. In addition, the company offers solutions for turbines, compressors, motors, and other rotating components and has technicians to provide maintenance. Sulzer's business segments include Flow Equipment, Services, Chemtech, and Others which primarily serve across the globe. While most of its revenues are generated from its Flow equipment and Services segment.