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Matthews International (FRA:MW1A) Interest Expense : €-46 Mil (TTM As of Sep. 2024)


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What is Matthews International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Matthews International's interest expense for the three months ended in Sep. 2024 was € -12 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was €-46 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. Matthews International's Operating Income for the three months ended in Sep. 2024 was € -30 Mil. Matthews International's Interest Expense for the three months ended in Sep. 2024 was € -12 Mil. Matthews International did not have earnings to cover the interest expense. 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.

Matthews International Interest Expense Historical Data

The historical data trend for Matthews 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.

Matthews International Interest Expense Chart

Matthews International 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 -29.62 -24.38 -28.00 -41.84 -45.53

Matthews International 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 -10.74 -10.62 -11.54 -11.87 -12.28

Matthews 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-46 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.

Matthews International  (FRA:MW1A) 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.

Matthews International's Interest Expense for the three months ended in Sep. 2024 was €-12 Mil. Its Operating Income for the three months ended in Sep. 2024 was €-30 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was €730 Mil.

Matthews International's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Matthews International did not have earnings to cover the interest expense.

* 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.

Matthews International Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Matthews International Corp (FRA:MW1A) » Definitions » Interest Expense
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FIP DLX SPLP BOC TRC NNBR TUSK RCMT BOOM CODI ADX:IHC HON TSE:6501 TSE:8001 MMM TSE:8058 TSE:8031 HKSE:00267 ADX:ALPHADHABI TSE:8002
Traded in Other Exchanges
MATW:USA MW1A:Germany
Address
Two Northshore Center, Pittsburgh, PA, USA, 15212-5851
Website
https://www.matw.com
Matthews International Corp is a personal services company that provides brand solution services, memorialization products, and industrial products in the United States and Europe. The majority of Matthews' revenue is derived from its SGK Brand Solutions business, which provides brand development services, printing equipment, creative design services, and embossing tools to the consumer packaged goods and packaging industries. The company's Memorialization segment, which sells bronze and granite memorials, caskets, and cremation equipment to the cemetery and funeral home industries, also contributes an important amount. Maximum amount of Matthews' revenue is generated from sales made in the North America, while European customers also contribute a sizable percentage.

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