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Logitech International (MEX:LOGI) Interest Expense : MXN0 Mil (TTM As of Sep. 2024)


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What is Logitech International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Logitech International's interest expense for the three months ended in Sep. 2024 was MXN 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was MXN0 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. Logitech International's Operating Income for the three months ended in Sep. 2024 was MXN 3,173 Mil. Logitech International's Interest Expense for the three months ended in Sep. 2024 was MXN 0 Mil. GuruFocus does not calculate Logitech International's interest coverage with the available data. 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.


Logitech International Interest Expense Historical Data

The historical data trend for Logitech 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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Logitech International Interest Expense Chart

Logitech International Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
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Logitech International Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Logitech 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 MXN0 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.


Logitech International  (MEX:LOGI) 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.

Logitech International's Interest Expense for the three months ended in Sep. 2024 was MXN0 Mil. Its Operating Income for the three months ended in Sep. 2024 was MXN3,173 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was MXN1,558 Mil.

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

GuruFocus does not calculate Logitech International's interest coverage with the available data.

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Logitech International SA has enough cash to cover all of its debt. Its financial situation is stable.


Logitech International Business Description

Address
EPFL - Quartier de l'Innovation, Daniel Borel Innovation Center, Lausanne, CHE, 1015
Logitech was founded in 1981 and is headquartered in Lausanne, Switzerland. The company specializes in designing and manufacturing computer peripherals such as mice, keyboards, webcams, conference room cameras, headsets, and music-related products such as wireless speakers.