Indutrade AB (FRA:I1M) Interest Expense : €-43 Mil (TTM As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Indutrade AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Indutrade AB's interest expense for the three months ended in Mar. 2024 was € -10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-43 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. Indutrade AB's Operating Income for the three months ended in Mar. 2024 was € 78 Mil. Indutrade AB's Interest Expense for the three months ended in Mar. 2024 was € -10 Mil. Indutrade AB's Interest Coverage for the quarter that ended in Mar. 2024 was 7.65. 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.

Indutrade AB Interest Expense Historical Data

The historical data trend for Indutrade 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.

* Premium members only.

Indutrade AB Interest Expense Chart

Indutrade AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-11.26

-10.71

-10.13

-18.28

-45.24

Indutrade AB 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															-8.74	-10.46	-11.33	-10.64	-10.16

Indutrade 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-43 Mil.

Indutrade AB (FRA:I1M) 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.

Indutrade AB's Interest Expense for the three months ended in Mar. 2024 was €-10 Mil. Its Operating Income for the three months ended in Mar. 2024 was €78 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €756 Mil.

Indutrade AB'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	*	77.762	/	-10.162
	=	7.65

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

Indutrade AB (FRA:I1M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Indutrade AB (FRA:I1M) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

INDT:Sweden 0H30:UK I1M:Germany

Address

Raseborgsgatan 9, Box 6044, Kista, SWE, SE-164 06

Website

https://www.indutrade.com

Indutrade AB is an industrial group that sells and distributes high-tech components and systems through a vast range of subsidiaries. The group is active in eight business areas: Benelux, DACH, Finland, flow technology, fluids and mechanical solutions, industrial components, measurement and sensor technology, and the United Kingdom. The company offers products like valves, pipes and pipe systems, measurement technology, pumps, hydraulics and industrial equipment, and consumables. The primary region of business for the group's subsidiaries in Europe.

Indutrade AB (FRA:I1M) Headlines

No Headlines