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Preformed Line Products Co (FRA:P4L) Interest Expense : €-3.3 Mil (TTM As of Mar. 2024)


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What is Preformed Line Products Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Preformed Line Products Co's interest expense for the three months ended in Mar. 2024 was € -0.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-3.3 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. Preformed Line Products Co's Operating Income for the three months ended in Mar. 2024 was € 9.4 Mil. Preformed Line Products Co's Interest Expense for the three months ended in Mar. 2024 was € -0.7 Mil. Preformed Line Products Co's Interest Coverage for the quarter that ended in Mar. 2024 was 14.40. 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.

Preformed Line Products Co Interest Expense Historical Data

The historical data trend for Preformed Line Products Co'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.

Preformed Line Products Co Interest Expense Chart

Preformed Line Products Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.00 -1.97 -1.79 -3.03 -3.58

Preformed Line Products Co 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 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 -1.00 -1.05 -0.94 -0.65 -0.65

Preformed Line Products Co 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 €-3.3 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.

Preformed Line Products Co  (FRA:P4L) 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.

Preformed Line Products Co's Interest Expense for the three months ended in Mar. 2024 was €-0.7 Mil. Its Operating Income for the three months ended in Mar. 2024 was €9.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €50.9 Mil.

Preformed Line Products Co'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*9.377/-0.651
=14.40

* 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.

Preformed Line Products Co (FRA:P4L) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Preformed Line Products Co (FRA:P4L) » Definitions » Interest Expense
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Traded in Other Exchanges
PLPC:USA
Address
660 Beta Drive, Mayfield Village, Cleveland, OH, USA, 44143
Website
https://www.preformed.com
Preformed Line Products Co is a designer and manufacturer of products and systems for constructing and maintaining overhead and underground networks for energy, telecommunication, cable operators, data communication, and other industries. In addition, it provides solar hardware systems and mounting hardware for a variety of solar power applications. Its products consist of Energy Products, Communications Products, and Special Industries Products. The company's majority of the revenue is derived from the sale of products in the United States with operations also in The Americas, Europe, the Middle East and Africa, and Asia-Pacific. The revenue gets driven by Energy products which comprise protecting transmission conductors, spacers, spacer-dampers, and Stockbridge dampers.

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