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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Carpenter Technology's interest expense for the three months ended in Sep. 2024 was $ -16 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-66 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. Carpenter Technology's Operating Income for the three months ended in Sep. 2024 was $ 117 Mil. Carpenter Technology's Interest Expense for the three months ended in Sep. 2024 was $ -16 Mil. Carpenter Technology's Interest Coverage for the quarter that ended in Sep. 2024 was 7.19. 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.
The historical data trend for Carpenter Technology'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.
Carpenter Technology Annual Data | |||||||||||||||||||||
Trend | Jun15 | Jun16 | Jun17 | Jun18 | Jun19 | Jun20 | Jun21 | Jun22 | Jun23 | Jun24 | |||||||||||
Interest Expense | Get a 7-Day Free Trial | -19.80 | -33.60 | -44.90 | -64.10 | -65.40 |
Carpenter Technology Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Interest Expense | Get a 7-Day Free Trial | -16.20 | -16.50 | -16.60 | -16.20 | -16.30 |
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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-66 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.
Carpenter Technology (NYSE:CRS) 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.
Carpenter Technology's Interest Expense for the three months ended in Sep. 2024 was $-16 Mil. Its Operating Income for the three months ended in Sep. 2024 was $117 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $695 Mil.
Carpenter Technology's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as
Interest Coverage | = | -1 | * | Operating Income (Q: Sep. 2024 ) | / | Interest Expense (Q: Sep. 2024 ) |
= | -1 | * | 117.2 | / | -16.3 | |
= | 7.19 |
* 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.
Tony R Thene | officer: Sr VP and CFO | ALCOA INC., 201 ISABELLA STREET, PITTSBURGH PA 15212-5858 |
Ramin Younessi | director | 510 LAKE COOK ROAD, SUITE 100, DEERFIELD IL 60015 |
Timothy Lain | officer: VP-Controller, Chf Acctg Ofcr | C/O CARPENTER TECHNOLOGY CORPORATION, PO BOX 14662, READING PA 19612 |
Steven E Karol | director | C/O STOCKERYALE INC, 32 HAMPSHIRE RD, SALEM NH 03079 |
I Martin Inglis | director | C/O CARPENTER TECHNOLOGY CORPORATION, PO BOX 14662, READING PA 19612 |
James D Dee | officer: VP, Gen Counsel & Secretary | TWO PITCAIRN PLACE, SUITE 200, 165 TOWNSHIP LINE ROAD, JENKINTOWN PA 19046 |
Marshall D Akins | officer: VP & Chief Commercial Officer | CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, PHILADELPHIA PA 19103 |
Elizabeth A Socci | officer: VP, Controller & Chf Acctg Off | C/O CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, 15TH FL, PHILADELPHIA PA 19103 |
Mclane Charles Douglas Jr | director | C/O CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, 15TH FL, PHILADELPHIA PA 19103 |
Brian J Malloy | officer: VP - Chief Commercial Officer | C/O CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, 15TH FL, PHILADELPHIA PA 19103 |
Pritchett Colleen | director | C/O HEXCEL CORPORATION, 281 TRESSER BLVD., 16TH FLOOR, STAMFORD CT 06901 |
Kathy Hopinkah Hannan | director | ANNALY CAPITAL MANAGEMENT, INC., 1211 AVE. OF THE AMERICAS, NEW YORK NY 10036 |
David Graf | officer: VP and Group President - SAO | C/O CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, PHILADELPHIA PA 19103 |
Kathleen Ligocki | director | 3296 PINE LAKE ROAD, WEST BLOOMFIELD MI 48324 |
Robert R Mcmaster | director | 907-B EAST MAIN STREET, HUMBLE TX 77338-4662 |
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