Holcim (CHIX:HOLNZ) Interest Expense : CHF-577 Mil (TTM As of Jun. 2024)

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What is Holcim Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Holcim's interest expense for the six months ended in Jun. 2024 was CHF -284 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was CHF-577 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. Holcim's Operating Income for the six months ended in Jun. 2024 was CHF 1,931 Mil. Holcim's Interest Expense for the six months ended in Jun. 2024 was CHF -284 Mil. Holcim's Interest Coverage for the quarter that ended in Jun. 2024 was 6.80. 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.

Holcim Interest Expense Historical Data

The historical data trend for Holcim'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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Holcim Interest Expense Chart

Holcim Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-710.00

-489.00

-434.00

-465.00

-568.00

Holcim 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															-211.00	-254.00	-275.00	-293.00	-284.00

Holcim 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-577 Mil.

Holcim (CHIX:HOLNz) 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.

Holcim's Interest Expense for the six months ended in Jun. 2024 was CHF-284 Mil. Its Operating Income for the six months ended in Jun. 2024 was CHF1,931 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was CHF1,329 Mil.

Holcim'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	*	1931	/	-284
	=	6.80

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

Holcim Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Holcim Ltd (CHIX:HOLNz) » Definitions » Interest Expense

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Traded in Other Exchanges

HCMLY:USA HCMLF:USA 0QKY:UK HLB:Germany HOLNE:Switzerland HOLN:Switzerland

Address

Grafenauweg 10, Zug, CHE, CH-6300

Website

https://www.holcim.com

Holcim is a global manufacturer of a wide range of building materials. The merger between Lafarge and Holcim in 2015 created a leader in the building materials sector. Recent portfolio management diversified the group's exposure to heavy building materials. Approximately 40% of revenue is earned in North America.

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