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Samsonite International (FRA:1SO) Interest Expense : €-127 Mil (TTM As of Jun. 2024)


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What is Samsonite International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Samsonite International's interest expense for the three months ended in Jun. 2024 was € -27 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-127 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. Samsonite International's Operating Income for the three months ended in Jun. 2024 was € 148 Mil. Samsonite International's Interest Expense for the three months ended in Jun. 2024 was € -27 Mil. Samsonite International's Interest Coverage for the quarter that ended in Jun. 2024 was 5.56. 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.

Samsonite International Interest Expense Historical Data

The historical data trend for Samsonite International'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.

Samsonite International Interest Expense Chart

Samsonite International 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 -84.96 -99.79 -107.26 -103.37 -118.75

Samsonite International Quarterly Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24
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 - -39.17 -29.53 -31.28 -26.66

Samsonite International 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 quarterly data reported by the company within the most recent 12 months, which was €-127 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.

Samsonite International  (FRA:1SO) 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.

Samsonite International's Interest Expense for the three months ended in Jun. 2024 was €-27 Mil. Its Operating Income for the three months ended in Jun. 2024 was €148 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was €1,964 Mil.

Samsonite International'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*148.361/-26.662
=5.56

* 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.

Samsonite International Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Samsonite International SA (FRA:1SO) » Definitions » Interest Expense
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Traded in Other Exchanges
SMSOF:USA SMSEY:USA 01910:Hong Kong
Address
13-15, Avenue de la Liberte, Luxembourg, LUX, L-1931
Website
https://corporate.samsonite.com/en/home.html
Samsonite is the world's largest luggage company with a 20% market share in 2023. The company produces and sells travel luggage under various brands targeting the mid-market to high-end consumers. The group's key brand is Samsonite, whose market presence is well established, followed by Tumi, the high-end brand acquired in 2016, which alongside mass-market brand American Tourister, are the next largest earnings contributors. The majority of its products are manufactured by third parties, but Samsonite does produce its own select proprietary materials.

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