Rockwool AS (OCSE:ROCK A) Interest Expense : kr-127 Mil (TTM As of Mar. 2024)

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What is Rockwool AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Rockwool AS's interest expense for the three months ended in Mar. 2024 was kr 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-127 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. Rockwool AS's Operating Income for the three months ended in Mar. 2024 was kr 1,133 Mil. Rockwool AS's Interest Expense for the three months ended in Mar. 2024 was kr 0 Mil. Rockwool AS has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Rockwool AS Interest Expense Historical Data

The historical data trend for Rockwool 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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Rockwool AS Interest Expense Chart

Rockwool AS Annual Data

Trend

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Dec23

Interest Expense

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-67.23

-89.28

-74.36

-81.84

-163.98

Rockwool AS 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															-	-	-	-126.71	-

Rockwool 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-127 Mil.

Rockwool AS (OCSE:ROCK A) 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.

Rockwool AS's Interest Expense for the three months ended in Mar. 2024 was kr0 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr1,133 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr0 Mil.

Rockwool AS's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Rockwool AS had no long-term debt ⁽¹⁾.

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

Rockwool AS (OCSE:ROCK A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Rockwool AS (OCSE:ROCK A) » Definitions » Interest Expense

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ROCKBc:UK 0M0A:UK ROCK B:Denmark R90:Germany

Address

Hovedgaden 584, Hedehusene, DNK, 2640

Website

https://www.rockwool.com

Rockwool AS manufactures and sells building materials, including insulation, and roofing systems. The company organizes itself into two segments based on the product: Insulation and Systems. The Insulation segment, which generates the majority of revenue, sells building, industrial, and technical insulation and external thermal insulation wall systems to the construction industry. The Systems business sells acoustic ceilings and wall systems, external cladding systems, horticultural substrate solutions, engineered fiber solutions, and noise and vibration control to the construction and automotive industries. The majority of sales come from Europe.

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