GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Accelleron Industries AG (OTCPK:ACLLY) » Definitions » Interest Expense

ACLLY (Accelleron Industries AG) Interest Expense : $-10.0 Mil (TTM As of Jun. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Accelleron Industries AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Accelleron Industries AG's interest expense for the six months ended in Jun. 2024 was $ -6.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was $-10.0 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. Accelleron Industries AG's Operating Income for the six months ended in Jun. 2024 was $ 116.3 Mil. Accelleron Industries AG's Interest Expense for the six months ended in Jun. 2024 was $ -6.0 Mil. Accelleron Industries AG's Interest Coverage for the quarter that ended in Jun. 2024 was 19.41. 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.

Accelleron Industries AG Interest Expense Historical Data

The historical data trend for Accelleron Industries 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.

Accelleron Industries AG Interest Expense Chart

Accelleron Industries AG Annual Data
Trend Dec21 Dec22 Dec23
Interest Expense
-1.38 -0.56 -4.13

Accelleron Industries AG Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Interest Expense Get a 7-Day Free Trial -3.29 2.73 -0.10 -4.03 -5.99

Accelleron Industries 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-10.0 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.

Accelleron Industries AG  (OTCPK:ACLLY) 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.

Accelleron Industries AG's Interest Expense for the six months ended in Jun. 2024 was $-6.0 Mil. Its Operating Income for the six months ended in Jun. 2024 was $116.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was $482.1 Mil.

Accelleron Industries AG's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*116.27/-5.989
=19.41

* 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.

Accelleron Industries AG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Accelleron Industries AG (OTCPK:ACLLY) » Definitions » Interest Expense
Comparable Companies
XSWX:AERO RTX BA LMT XPAR:AIR NOC GD XPAR:SAF TDG LSE:BA. LHX XPAR:HO LSE:RR. HEI.A HWM SHSE:600760 SHSE:600150 XPAR:AM AXON TXT
Traded in Other Exchanges
ACLIF:USA ACLNz:UK 0ACC:UK ZH20:Germany ACLN:Switzerland
Address
Aargau, Baden, CHE
Website
https://www.accelleron-industries.com
Accelleron Industries AG develops, produces, and services turbochargers and digital solutions that make engines powerful and efficient. The company's solutions and services include Marine, Power, Oil & Gas, and Rail. The company operates the business in the turbocharger market for heavy-duty 500 kilowatts and higher applications in two operating segments which are High Speed which produces and services turbochargers with power outputs ranging from 500 to 5,000 kilowatts and mainly used in marine, electric power generation, oil & gas onshore, and off-highway sites; and the Medium & Low Speed segment which produces and services turbochargers with power outputs from 3,000 to 30,000 kilowatts. The company generates maximum revenue from Medium & Low Speed products and services.

Accelleron Industries AG Headlines

From GuruFocus

Abb Ltd at Accelleron Industries Ltd Capital Markets Day Transcript

By GuruFocus Research • 02-12-2024