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Moog (FRA:MO7R) Interest Expense : €-57 Mil (TTM As of Sep. 2024)


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What is Moog Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Moog's interest expense for the three months ended in Sep. 2024 was € -8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was €-57 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. Moog's Operating Income for the three months ended in Sep. 2024 was € 85 Mil. Moog's Interest Expense for the three months ended in Sep. 2024 was € -8 Mil. Moog's Interest Coverage for the quarter that ended in Sep. 2024 was 10.22. 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.

Moog Interest Expense Historical Data

The historical data trend for Moog'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.

Moog Interest Expense Chart

Moog Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -33.02 -28.81 -37.13 -59.57 -55.96

Moog 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 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 -17.08 -15.31 -16.56 -16.86 -8.35

Moog 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 €-57 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.

Moog  (FRA:MO7R) 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.

Moog's Interest Expense for the three months ended in Sep. 2024 was €-8 Mil. Its Operating Income for the three months ended in Sep. 2024 was €85 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was €788 Mil.

Moog'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*85.251/-8.345
=10.22

* 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.

Moog Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Moog Inc (FRA:MO7R) » Definitions » Interest Expense
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Traded in Other Exchanges
MOG.B:USA MOG.A:USA MO7A:Germany MO7A:Germany
Address
400 Jamison Road, East Aurora, New York, NY, USA, 14052-0018
Website
https://www.moog.com
Moog Inc is a manufacturer of precision motion and fluid control systems for the aerospace and defense markets. The company operates through four segments: Space and Defense, Military Aircraft, Commercial Aircraft, and Industrial. It generates the majority of its revenue from Space and Defense which provides critical defense components and motion-control systems used in defense vehicle platforms, missile systems, naval ships, and submarines; high-performance components and systems used for space launch vehicles, satellites, and spacecraft vehicles. This segment also offers cutting-edge solutions for applications, including space exploration, defense platforms, and advanced systems for missile guidance, propulsion, and vehicle controls.

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