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Vestas Wind Systems AS (CHIX:VWSC) Interest Expense : kr-925 Mil (TTM As of Dec. 2024)


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What is Vestas Wind Systems AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vestas Wind Systems AS's interest expense for the three months ended in Dec. 2024 was kr 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was kr-925 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. Vestas Wind Systems AS's Operating Income for the three months ended in Dec. 2024 was kr 5,653 Mil. Vestas Wind Systems AS's Interest Expense for the three months ended in Dec. 2024 was kr 0 Mil. GuruFocus does not calculate Vestas Wind Systems AS's interest coverage with the available data. 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.

Vestas Wind Systems AS Interest Expense Historical Data

The historical data trend for Vestas Wind Systems AS'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.

Vestas Wind Systems AS Interest Expense Chart

Vestas Wind Systems AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -297.59 -386.68 -468.69 -1,751.56 -1,446.79

Vestas Wind Systems AS 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 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 - -260.97 -395.57 -268.42 -

Vestas Wind Systems AS 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 kr-925 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.

Vestas Wind Systems AS  (CHIX:VWSc) 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.

Vestas Wind Systems AS's Interest Expense for the three months ended in Dec. 2024 was kr0 Mil. Its Operating Income for the three months ended in Dec. 2024 was kr5,653 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was kr22,903 Mil.

Vestas Wind Systems AS's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

GuruFocus does not calculate Vestas Wind Systems AS's interest coverage with the available data.

* 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.

Vestas Wind Systems AS Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Vestas Wind Systems AS (CHIX:VWSc) » Definitions » Interest Expense
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Traded in Other Exchanges
VWSYF:USA VWDRY:USA 0NMK:UK VWS:Denmark VWSB:Germany VWSB:Bulgaria VWSB:Austria
Address
Hedeager 42, Aarhus, DNK, 8200
Website
https://www.vestas.com
Vestas is a leading manufacturer of wind turbines with the highest installed capacity under service in the world. The firm operates two business segments: power solutions and services. The power solutions segment designs, manufactures, and installs onshore and offshore wind turbines. The services segment performs operating and maintenance service work on wind turbines.

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