Draegerwerk AG KGaA (Draegerwerk AG KGaA) Interest Expense : $-37 Mil (TTM As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Draegerwerk AG KGaA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Draegerwerk AG KGaA's interest expense for the three months ended in Mar. 2024 was $ -6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 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. Draegerwerk AG KGaA's Operating Income for the three months ended in Mar. 2024 was $ 18 Mil. Draegerwerk AG KGaA's Interest Expense for the three months ended in Mar. 2024 was $ -6 Mil. Draegerwerk AG KGaA's Interest Coverage for the quarter that ended in Mar. 2024 was 2.99. 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.

Draegerwerk AG KGaA Interest Expense Historical Data

The historical data trend for Draegerwerk AG KGaA'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.

Draegerwerk AG KGaA Interest Expense Chart

Draegerwerk AG KGaA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-22.92

-48.37

-44.97

-23.96

-33.91

Draegerwerk AG KGaA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-5.50	-5.90	-5.16	-19.64	-5.89

Draegerwerk AG KGaA 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-37 Mil.

Draegerwerk AG KGaA (OTCPK:DGWPF) 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.

Draegerwerk AG KGaA's Interest Expense for the three months ended in Mar. 2024 was $-6 Mil. Its Operating Income for the three months ended in Mar. 2024 was $18 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $279 Mil.

Draegerwerk AG KGaA's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	17.616	/	-5.892
	=	2.99

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

Draegerwerk AG KGaA (Draegerwerk AG KGaA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Draegerwerk AG & Co KGaA (OTCPK:DGWPF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

0K5E:UK DRW3:Germany DRW3:Austria

Address

Moislinger Allee 53–55, Lubeck, DEU, 23542

Website

https://www.draeger.com

Draegerwerk AG & Co KGaA develops medical and safety equipment for clinical and industrial applications. The firm operates in two divisions: medical and safety. The medical division contributes the majority of revenue. The company develops and produce system solutions, equipment, and services for the acute point of care. The five business units are Therapy (anesthesia devices and ventilators, as well as thermoregulation equipment), Hospital Consumables & Accessories (consumables and accessories), Workplace Infrastructure (supply units, lights, gas management systems), Monitoring (patient monitoring), and Data Business (software applications, system products, and new services). Draegerwerk's geographical segments are Europe; Americas; and Africa, Asia, and Australia.

Draegerwerk AG KGaA (Draegerwerk AG KGaA) Headlines

From GuruFocus

Dr�ger receives Frost & Sullivan's 2024 Best Practices Company of the Year Award in global respiratory care

By PRNewswire • 02-29-2024