Alfa Laval AB (FRA:AA9) Interest Expense : €-68 Mil (TTM As of Sep. 2024)

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What is Alfa Laval AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alfa Laval AB's interest expense for the three months ended in Sep. 2024 was € -27 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was €-68 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. Alfa Laval AB's Operating Income for the three months ended in Sep. 2024 was € 235 Mil. Alfa Laval AB's Interest Expense for the three months ended in Sep. 2024 was € -27 Mil. Alfa Laval AB's Interest Coverage for the quarter that ended in Sep. 2024 was 8.80. 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.

Alfa Laval AB Interest Expense Historical Data

The historical data trend for Alfa Laval AB'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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Alfa Laval AB Interest Expense Chart

Alfa Laval AB Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-27.86

-26.05

-21.13

-29.02

-45.24

Alfa Laval AB 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															-10.65	5.63	-15.91	-31.45	-26.69

Alfa Laval AB 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-68 Mil.

Alfa Laval AB (FRA:AA9) 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.

Alfa Laval AB's Interest Expense for the three months ended in Sep. 2024 was €-27 Mil. Its Operating Income for the three months ended in Sep. 2024 was €235 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was €1,045 Mil.

Alfa Laval AB'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	*	234.829	/	-26.689
	=	8.80

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

Alfa Laval AB Business Description

Industry

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ALFVY:USA ALFVF:USA ALFA:Sweden ALFAs:UK 0NNF:UK

Address

Rudeboksvagen 1, P.O. Box 73, Lund, SWE, SE-221 00

Website

https://www.alfalaval.com

Alfa Laval is a leading manufacturer of highly engineered equipment, primarily in the areas of separation, heat transfer, and fluid handling used by a diverse range of customers spanning the food, water, energy, and marine industry verticals. These products play a key role in a number of industrial processes, and Alfa Laval enjoys a leading position in all three areas. Alfa Laval's history stretches back 140 years to when its first separator was developed. The company is listed on the Stockholm stock exchange.

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