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Georg Fischer AG (CHIX:GFZ) Interest Expense : CHF-63 Mil (TTM As of Jun. 2024)


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What is Georg Fischer AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Georg Fischer AG's interest expense for the six months ended in Jun. 2024 was CHF -43 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was CHF-63 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. Georg Fischer AG's Operating Income for the six months ended in Jun. 2024 was CHF 193 Mil. Georg Fischer AG's Interest Expense for the six months ended in Jun. 2024 was CHF -43 Mil. Georg Fischer AG's Interest Coverage for the quarter that ended in Jun. 2024 was 4.49. 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.

Georg Fischer AG Interest Expense Historical Data

The historical data trend for Georg Fischer 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.

Georg Fischer AG Interest Expense Chart

Georg Fischer 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 -26.00 -24.00 -22.00 -28.00 -32.00

Georg Fischer AG Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -15.00 -13.00 -12.00 -20.00 -43.00

Georg Fischer 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 CHF-63 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.

Georg Fischer AG  (CHIX:GFz) 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.

Georg Fischer AG's Interest Expense for the six months ended in Jun. 2024 was CHF-43 Mil. Its Operating Income for the six months ended in Jun. 2024 was CHF193 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was CHF625 Mil.

Georg Fischer 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*193/-43
=4.49

* 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.

Georg Fischer AG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Georg Fischer AG (CHIX:GFz) » Definitions » Interest Expense
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Traded in Other Exchanges
0QP4:UK GF:Switzerland
Address
Amsler-Laffon-Strasse 9, Schaffhausen, CHE, 8201
Website
https://www.georgfischer.com
Georg Fischer AG provides transportation of liquids and gases, lightweight casting components in vehicles, and high-precision manufacturing technologies. It supplies plastic and metal piping systems, valves and fittings, electrical discharge machines, and other additive manufacturing solutions. The company is one of the world's providers for the tool and mold-making industry and services customers in utilities, automotive, aerospace, water and gas, and other industrial Applications. The Group comprises four divisions, GF Piping Systems, GF Uponor, GF Casting Solutions and GF Machining Solutions, which operate across three main geographical regions-Europe, North/South America and Asia.

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