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Trelleborg AB (FRA:TLLB) Interest Expense : €-46 Mil (TTM As of Sep. 2024)


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What is Trelleborg AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Trelleborg AB's interest expense for the three months ended in Sep. 2024 was € -11 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. Trelleborg AB's Operating Income for the three months ended in Sep. 2024 was € 116 Mil. Trelleborg AB's Interest Expense for the three months ended in Sep. 2024 was € -11 Mil. Trelleborg AB's Interest Coverage for the quarter that ended in Sep. 2024 was 10.31. 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.

Trelleborg AB Interest Expense Historical Data

The historical data trend for Trelleborg 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.

Trelleborg AB Interest Expense Chart

Trelleborg AB 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 -39.79 -35.09 -23.66 -36.93 -63.47

Trelleborg AB 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 -3.72 -27.09 -1.77 -5.58 -11.28

Trelleborg 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 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.

Trelleborg AB  (FRA:TLLB) 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.

Trelleborg AB's Interest Expense for the three months ended in Sep. 2024 was €-11 Mil. Its Operating Income for the three months ended in Sep. 2024 was €116 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was €475 Mil.

Trelleborg AB'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*116.269/-11.275
=10.31

* 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.

Trelleborg AB Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Trelleborg AB (FRA:TLLB) » Definitions » Interest Expense
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Traded in Other Exchanges
TBABF:USA TREL B:Sweden TRELBs:UK 0NL3:UK TLLB:Germany
Address
Johan Kocksgatan 10, P.O. Box 153, Trelleborg, SWE, SE- 23122
Website
https://www.trelleborg.com
Trelleborg AB manufactures products to seal, damp, and protect critical applications for a multitude of industries. It focuses on improving functionality, productivity, and minimizing energy waste for customers in transportation equipment, aerospace, and other industrial markets. The company has several different business areas: coated systems, industrial solutions, offshore and construction, sealing, and wheel. Products and components are molded to limit vibrations, provide automotive support, fit and protect tires, produce printing solutions, or offer support for other applications. Western Europe is an important region for the company and accounts for approximately half of total revenue.segments.

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