Vestas Wind Systems AS (MEX:VWS N) Interest Expense : MXN-2,142 Mil (TTM As of Mar. 2025)

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What is Vestas Wind Systems AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vestas Wind Systems AS's interest expense for the three months ended in Mar. 2025 was MXN -310 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was MXN-2,142 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. Vestas Wind Systems AS's Operating Income for the three months ended in Mar. 2025 was MXN 310 Mil. Vestas Wind Systems AS's Interest Expense for the three months ended in Mar. 2025 was MXN -310 Mil. Vestas Wind Systems AS's Interest Coverage for the quarter that ended in Mar. 2025 was 1.00. 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.

Vestas Wind Systems AS Interest Expense Historical Data

The historical data trend for Vestas Wind Systems AS'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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Vestas Wind Systems AS Interest Expense Chart

Vestas Wind Systems AS Annual Data

Trend

Dec15

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Dec24

Interest Expense

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-967.98

-1,205.34

-1,301.11

-4,350.00

-4,236.66

Vestas Wind Systems AS Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Interest Expense	Get a 7-Day Free Trial															-631.38	-1,045.17	-786.74	-	-309.64

Vestas Wind Systems AS 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-2,142 Mil.

Vestas Wind Systems AS (MEX:VWS N) 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.

Vestas Wind Systems AS's Interest Expense for the three months ended in Mar. 2025 was MXN-310 Mil. Its Operating Income for the three months ended in Mar. 2025 was MXN310 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was MXN68,231 Mil.

Vestas Wind Systems AS's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2025 )	/	Interest Expense (Q: Mar. 2025 )
	=	-1	*	309.638	/	-309.638
	=	1.00

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

Vestas Wind Systems AS Business Description

Industry

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Traded in Other Exchanges

VWSYF:USA VWDRY:USA VEST:Poland VWSc:UK 0NMK:UK VWS:Denmark VWSB:Germany VWSA:Germany VWSB:Germany VWSB:Germany VWSA:Germany VWSB:Germany VWSB:Bulgaria VWSB:Austria

Address

Hedeager 42, Aarhus, DNK, 8200

Website

https://www.vestas.com

Vestas is a leading manufacturer of wind turbines with the highest installed capacity under service in the world. The firm operates two business segments: power solutions and services. The power solutions segment designs, manufactures, and installs onshore and offshore wind turbines. The services segment performs operating and maintenance service work on wind turbines.

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