Chr. Hansen Holding A/S (OCSE:CHR) Interest Expense : kr-124 Mil (TTM As of May. 2023)

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What is Chr. Hansen Holding A/S Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Chr. Hansen Holding A/S's interest expense for the three months ended in May. 2023 was kr -34 Mil. Its interest expense for the trailing twelve months (TTM) ended in May. 2023 was kr-124 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. Chr. Hansen Holding A/S's Operating Income for the three months ended in May. 2023 was kr 687 Mil. Chr. Hansen Holding A/S's Interest Expense for the three months ended in May. 2023 was kr -34 Mil. Chr. Hansen Holding A/S's Interest Coverage for the quarter that ended in May. 2023 was 20.49. 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.

Chr. Hansen Holding A/S Interest Expense Historical Data

The historical data trend for Chr. Hansen Holding A/S'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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Chr. Hansen Holding A/S Interest Expense Chart

Chr. Hansen Holding A/S Annual Data

Trend

Aug13

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Interest Expense

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-64.87

-106.63

-99.81

-151.68

-78.15

Chr. Hansen Holding A/S Quarterly Data
	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23
Interest Expense	Get a 7-Day Free Trial															-31.26	25.30	-56.61	-58.84	-33.53

Chr. Hansen Holding A/S 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 May. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-124 Mil.

Chr. Hansen Holding A/S (OCSE:CHR) 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.

Chr. Hansen Holding A/S's Interest Expense for the three months ended in May. 2023 was kr-34 Mil. Its Operating Income for the three months ended in May. 2023 was kr687 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in May. 2023 was kr7,393 Mil.

Chr. Hansen Holding A/S's Interest Coverage for the quarter that ended in May. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: May. 2023 )	/	Interest Expense (Q: May. 2023 )
	=	-1	*	686.98	/	-33.529
	=	20.49

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

Chr. Hansen Holding A/S (OCSE:CHR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Chr. Hansen Holding A/S (OCSE:CHR) » Definitions » Interest Expense

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Traded in Other Exchanges

CRTSF:USA CHYHY:USA CHRc:UK 0MR6:UK 51C:Germany

Address

Boge Alle 10-12, Horsholm, DNK, 2970

Website

https://www.chr-hansen.com

Founded in 1874 and relisted in 2010 after five years of private ownership, Chr. Hansen is a global bioscience company with more than 3,200 employees across 30 countries. Its segments include food cultures and enzymes that produce and sell innovative cultures, enzymes, and probiotic products that help determine the taste, flavor, texture, shelf-life, nutritional value, and health benefits of a variety of consumer products in the food industry, especially in the dairy industry; and health and nutrition that produce and sell products for the dietary supplement, over-the-counter pharmaceutical, infant formula, animal feed, and plant protection industries.