Honeywell International (FRA:ALD) Interest Expense : €-753 Mil (TTM As of Mar. 2024)

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What is Honeywell International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Honeywell International's interest expense for the three months ended in Mar. 2024 was € -202 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-753 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. Honeywell International's Operating Income for the three months ended in Mar. 2024 was € 1,711 Mil. Honeywell International's Interest Expense for the three months ended in Mar. 2024 was € -202 Mil. Honeywell International's Interest Coverage for the quarter that ended in Mar. 2024 was 8.45. 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.

Honeywell International Interest Expense Historical Data

The historical data trend for Honeywell 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.

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Honeywell International Interest Expense Chart

Honeywell International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-321.30

-295.10

-303.56

-390.82

-701.51

Honeywell International 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															-158.78	-172.60	-193.02	-185.23	-202.40

Honeywell 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-753 Mil.

Honeywell International (FRA:ALD) 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.

Honeywell International's Interest Expense for the three months ended in Mar. 2024 was €-202 Mil. Its Operating Income for the three months ended in Mar. 2024 was €1,711 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €20,408 Mil.

Honeywell International'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	*	1711.2	/	-202.4
	=	8.45

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

Honeywell International (FRA:ALD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Honeywell International Inc (FRA:ALD) » Definitions » Interest Expense

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Traded in Other Exchanges

HON:USA HON:Mexico 1HON:Italy ALD:Germany ALD:Germany ALD:Germany HON:Chile HON:Canada HONB34:Brazil HON:Austria HON:Argentina

Address

855 South Mint Street, Charlotte, NC, USA, 28202

Website

https://www.honeywell.com

Honeywell traces its roots to 1885 with Albert Butz's firm, Butz-Thermo Electric Regulator, which produced a predecessor to the modern thermostat. Today, Honeywell is a global multi-industry behemoth with one of the largest installed bases of equipment. It operates through four business segments: aerospace, building technologies, performance materials and technologies, and safety and productivity solutions. In recent years, the firm has made several portfolio changes, including the addition of Intelligrated in 2016, as well as the spinoffs of Garrett Technologies and Resideo in 2018. In 2019, the firm launched Honeywell Forge, its enterprise performance management software solution that leverages the firm's domain expertise in buildings, airlines, and critical infrastructure.

Honeywell International (FRA:ALD) Headlines

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