Parker Hannifin (BSP:P1HC34) Interest Expense : R$-2,500 Mil (TTM As of Dec. 2024)

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What is Parker Hannifin Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Parker Hannifin's interest expense for the three months ended in Dec. 2024 was R$ -615 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was R$-2,500 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. Parker Hannifin's Operating Income for the three months ended in Dec. 2024 was R$ 5,722 Mil. Parker Hannifin's Interest Expense for the three months ended in Dec. 2024 was R$ -615 Mil. Parker Hannifin's Interest Coverage for the quarter that ended in Dec. 2024 was 9.30. 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.

Parker Hannifin Interest Expense Historical Data

The historical data trend for Parker Hannifin'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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Parker Hannifin Interest Expense Chart

Parker Hannifin Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Interest Expense

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-1,598.86

-1,257.31

-1,288.44

-2,785.51

-2,728.03

Parker Hannifin Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-632.22	-616.16	-642.38	-626.28	-614.99

Parker Hannifin 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-2,500 Mil.

Parker Hannifin (BSP:P1HC34) 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.

Parker Hannifin's Interest Expense for the three months ended in Dec. 2024 was R$-615 Mil. Its Operating Income for the three months ended in Dec. 2024 was R$5,722 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was R$40,681 Mil.

Parker Hannifin's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	5722.39	/	-614.993
	=	9.30

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

Parker Hannifin Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Parker Hannifin Corp (BSP:P1HC34) » Definitions » Interest Expense

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Traded in Other Exchanges

PH:USA PH:Mexico 1PH:Italy 0KFZ:UK PAR:Germany PAR:Germany PAR:Germany PH:Austria

Address

6035 Parkland Boulevard, Cleveland, OH, USA, 44124-4141

Website

https://www.parker.com

Parker Hannifin started out in 1917 as Parker Appliance, selling pneumatic brakes. Through the acquisition of branded components, the firm has expanded into aerospace engines, agricultural and construction machinery, freight and passenger vehicles, and industrial automation equipment. Within these larger systems, Parker sells a wide array of small, critical pieces such as hydraulic, electromechanical, climate control, and filtration components. Many of its products are designed to work together, resulting in a high rate of cross-selling.

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