Roper Technologies (LTS:0KXM) Interest Expense : $-181 Mil (TTM As of Mar. 2024)

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What is Roper Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Roper Technologies's interest expense for the three months ended in Mar. 2024 was $ -53 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-181 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. Roper Technologies's Operating Income for the three months ended in Mar. 2024 was $ 481 Mil. Roper Technologies's Interest Expense for the three months ended in Mar. 2024 was $ -53 Mil. Roper Technologies's Interest Coverage for the quarter that ended in Mar. 2024 was 9.05. 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.

Roper Technologies Interest Expense Historical Data

The historical data trend for Roper Technologies'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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Roper Technologies Interest Expense Chart

Roper Technologies Annual Data

Trend

Dec14

Dec15

Dec16

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Dec23

Interest Expense

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-186.20

-218.50

-233.90

-192.40

-164.70

Roper Technologies 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															-37.40	-34.80	-42.40	-50.10	-53.20

Roper Technologies 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 $-181 Mil.

Roper Technologies (LTS:0KXM) 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.

Roper Technologies's Interest Expense for the three months ended in Mar. 2024 was $-53 Mil. Its Operating Income for the three months ended in Mar. 2024 was $481 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $7,222 Mil.

Roper Technologies'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	*	481.3	/	-53.2
	=	9.05

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

Roper Technologies (LTS:0KXM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Roper Technologies Inc (LTS:0KXM) » Definitions » Interest Expense

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Traded in Other Exchanges

ROP:USA EG:Mexico ROP:Germany R1OP34:Brazil

Address

6901 Professional Parkway East, Suite 200, Sarasota, FL, USA, 34240

Website

https://www.ropertech.com

Roper is a diversified technology company that operates through three segments: application software; network software and systems; and technology enabled products. The firm's culture emphasizes acquiring asset-light, cash-generative businesses. Roper then reinvests this excess cash in businesses that yield incrementally higher rates of return. While the businesses are managed in a decentralized manner, Roper does not passively manage its portfolio. Instead, Roper manages its businesses through the Socratic method and empowers decision-makers through group executive coaching. Roper has now rotated a clear majority of its business from legacy industrial products into technology software in mature, niche markets with large quantities of deferred revenue.

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