CLZNY (Clariant AG) Interest Expense : $-37 Mil (TTM As of Jun. 2024)

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What is Clariant AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Clariant AG's interest expense for the six months ended in Jun. 2024 was $ -25 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was $-37 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. Clariant AG's Operating Income for the six months ended in Jun. 2024 was $ 228 Mil. Clariant AG's Interest Expense for the six months ended in Jun. 2024 was $ -25 Mil. Clariant AG's Interest Coverage for the quarter that ended in Jun. 2024 was 9.27. 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.

Clariant AG Interest Expense Historical Data

The historical data trend for Clariant 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.

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Clariant AG Interest Expense Chart

Clariant AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-97.70

-79.92

-67.32

-59.04

-64.76

Clariant 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															-45.35	-11.81	-49.98	-12.72	-24.61

Clariant 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 $-37 Mil.

Clariant AG (OTCPK:CLZNY) 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.

Clariant AG's Interest Expense for the six months ended in Jun. 2024 was $-25 Mil. Its Operating Income for the six months ended in Jun. 2024 was $228 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was $1,966 Mil.

Clariant 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	*	228.239	/	-24.614
	=	9.27

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

Clariant AG Business Description

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CLZNF:USA CLNz:UK 0QJS:UK CLRS:Germany CLN:Switzerland

Address

Rothausstrasse 61, Muttenz, CHE, 4132

Website

http://www.clariant.com

Clariant AG is a Switzerland-based specialty chemicals company with world-wide operations. The company reports in three business areas: care chemicals, absorbents and additives, and catalysts. Care chemicals mainly targets consumer end markets such as personal care and homecare, but it also has an industrial component. Absorbents and additives encompass Clariant's coatings and adhesives, absorbents, and plastics segments. Catalysts manufacturers process catalysts, mainly for petrochemical and syngas plants.