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Schweiter Technologies AG (CHIX:SWTQZ) Interest Expense : CHF-6 Mil (TTM As of Dec. 2023)


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What is Schweiter Technologies AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Schweiter Technologies AG's interest expense for the three months ended in Dec. 2023 was CHF 1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was CHF-6 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. Schweiter Technologies AG's Operating Income for the three months ended in Dec. 2023 was CHF 23 Mil. Schweiter Technologies AG's Interest Expense for the three months ended in Dec. 2023 was CHF 1 Mil. Schweiter Technologies AG did not have earnings to cover the interest expense. 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.


Schweiter Technologies AG Interest Expense Historical Data

The historical data trend for Schweiter Technologies 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.

Schweiter Technologies AG Interest Expense Chart

Schweiter Technologies 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 -4.36 -3.60 -3.20 -3.30 -5.70

Schweiter Technologies AG Quarterly 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 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 -1.50 -3.20 -0.10 -7.10 1.40

Schweiter Technologies 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 quarterly data reported by the company within the most recent 12 months, which was CHF-6 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.


Schweiter Technologies AG  (CHIX:SWTQz) 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.

Schweiter Technologies AG's Interest Expense for the three months ended in Dec. 2023 was CHF1 Mil. Its Operating Income for the three months ended in Dec. 2023 was CHF23 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was CHF31 Mil.

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

* 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.


Schweiter Technologies AG (CHIX:SWTQZ) Business Description

Traded in Other Exchanges
Address
Hinterbergstrasse 20, Steinhausen, CHE, 6312
Schweiter Technologies AG is a company that specializes in developing, manufacturing and distributing machinery and composite materials. The company's key segment, 3A Composites, manufactures various materials in lightweight construction, which are applied in architecture, displays, transportation, and other sectors. Schweiter has a global presence, but the majority of its revenue comes from the Europe segment.

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