Steel Dynamics (MEX:STLD) Interest Expense : MXN-1,072 Mil (TTM As of Dec. 2024)

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What is Steel Dynamics Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Steel Dynamics's interest expense for the three months ended in Dec. 2024 was MXN -304 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was MXN-1,072 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. Steel Dynamics's Operating Income for the three months ended in Dec. 2024 was MXN 5,365 Mil. Steel Dynamics's Interest Expense for the three months ended in Dec. 2024 was MXN -304 Mil. Steel Dynamics's Interest Coverage for the quarter that ended in Dec. 2024 was 17.65. 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.

Steel Dynamics Interest Expense Historical Data

The historical data trend for Steel Dynamics'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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Steel Dynamics Interest Expense Chart

Steel Dynamics Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-1,887.29

-1,173.59

-1,784.63

-1,298.26

-1,175.16

Steel Dynamics Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-251.13	-198.79	-233.01	-336.13	-304.06

Steel Dynamics 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-1,072 Mil.

Steel Dynamics (MEX:STLD) 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.

Steel Dynamics's Interest Expense for the three months ended in Dec. 2024 was MXN-304 Mil. Its Operating Income for the three months ended in Dec. 2024 was MXN5,365 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was MXN58,480 Mil.

Steel Dynamics's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	5365.275	/	-304.055
	=	17.65

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

Steel Dynamics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Steel Dynamics Inc (MEX:STLD) » Definitions » Interest Expense

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Traded in Other Exchanges

STLD:USA 1STLD:Italy SD5:Germany SD5:Germany

Address

7575 West Jefferson Boulevard, Fort Wayne, IN, USA, 46804

Website

https://www.steeldynamics.com

Steel Dynamics Inc operates as a domestic steel producer and metal recycler in the United States. The company's product portfolio comprises hot rolled sheet, hot rolled plate, painted sheet products, cold rolled sheet, and others. Its reportable segments are steel operations, metals recycling operations, steel fabrication operations, and aluminum operations. Maximum revenue is generated from its steel operations segment, which consists of manufacturing various steel products and numerous coating operations. Its primary sources of revenue are currently from the manufacture and sale of steel products, the processing and sale of recycled ferrous and nonferrous metals, and the fabrication and sale of steel joists and deck products.