HON (Honeywell International) Interest Expense : $-969 Mil (TTM As of Sep. 2024)

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What is Honeywell International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Honeywell International's interest expense for the three months ended in Sep. 2024 was $ -297 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-969 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. Honeywell International's Operating Income for the three months ended in Sep. 2024 was $ 1,983 Mil. Honeywell International's Interest Expense for the three months ended in Sep. 2024 was $ -297 Mil. Honeywell International's Interest Coverage for the quarter that ended in Sep. 2024 was 6.68. 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.

Honeywell International Interest Expense Historical Data

The historical data trend for Honeywell 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.

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Honeywell International Interest Expense Chart

Honeywell International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-357.00

-359.00

-343.00

-414.00

-765.00

Honeywell 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															-206.00	-202.00	-220.00	-250.00	-297.00

Honeywell 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 $-969 Mil.

Honeywell International (NAS:HON) 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.

Honeywell International's Interest Expense for the three months ended in Sep. 2024 was $-297 Mil. Its Operating Income for the three months ended in Sep. 2024 was $1,983 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $25,934 Mil.

Honeywell International'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	*	1983	/	-297
	=	6.68

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

Honeywell International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Honeywell International Inc (NAS:HON) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

HON:Mexico 1HON:Italy ALDB:Germany ALD:Germany ALD:Germany ALD:Germany ALD:Germany HON:Canada HONB34:Brazil HON:Argentina

Address

855 South Mint Street, Charlotte, NC, USA, 28202

Website

https://www.honeywell.com

Honeywell traces its roots to 1885 with Albert Butz's firm, Butz Thermo-Electric Regulator, which produced a predecessor to the modern thermostat. Other inventions by Honeywell include biodegradable detergent and autopilot. Today, Honeywell is a global multi-industry behemoth with one of the largest installed bases of equipment. It operates through four business segments: aerospace technologies (37% of 2023 company revenue), industrial automation (29%), energy and sustainability solutions (17%), and building automation (17%). Recently, Honeywell has made several portfolio changes to focus on fewer end markets and align with a set of secular growth trends. The firm is working diligently to expand its installed base, deriving around 30% of its revenue from recurring aftermarket services.

Executives

Darius Adamczyk	officer: President and CEO, PMT	855 S. MINT STREET, CHARLOTTE NC 28202
James E Currier	officer: President & CEO, Aerospace	855 S. MINT STREET, CHARLOTTE NC 28202
Vimal Kapur	officer: President & CEO, HBT	C/O HONEYWELL 300 S. TRYON STREET, CHARLOTTE NC 07950
Billal Hammoud	officer: President & CEO, HBT	855 S. MINT STREET, CHARLOTTE NC 28202
George Koutsaftes	officer: President and CEO, SPS	855 S. MINT STREET, CHARLOTTE NC 28202
Karen Mattimore	officer: SrVP, HR and Communications	300 SOUTH TRYON STR, CHARLOTTE NC 28202
Lucian Boldea	officer: President and CEO, PMT	855 S. MINT STREET, CHARLOTTE NC 28202
Robin Watson	director	855 S. MINT STREET, CHARLOTTE NC 28202
Gregory P Lewis	officer: SVP & Chief Financial Officer	C/O HONEYWELL INTERNATIONAL INC., 300 SOUTH TRYON STREET, CHARLOTTE NC 28202
Kevin Dehoff	officer: President and CEO, HCE	855 S. MINT STREET, CHARLOTTE NC 28202
Rose Lee	director	C/O CROWN HOLDINGS, INC., 770 TOWNSHIP LINE ROAD, YARDLEY PA 19067
Que Dallara	officer: Pres/CEO -Connected Enterprise	C/O HONEYWELL 300 S. TRYON STREET, CHARLOTTE NC 28202
Doug Wright	officer: President & CEO, HBT	855 S. MINT STREET, CHARLOTTE NC 28202
D Scott Davis	director	115 TABOR ROAD, MORRIS PLAINS NJ 07950
Rajeev Gautam	officer: Pres. and CEO, PMT	C/O HONEYWELL, 300 S. TRYON STREET, CHARLOTTE NC 28202