Stroeer SE KGaA (Stroeer SE KGaA) Interest Expense : $-84 Mil (TTM As of Mar. 2024)

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What is Stroeer SE KGaA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Stroeer SE KGaA's interest expense for the three months ended in Mar. 2024 was $ -8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-84 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. Stroeer SE KGaA's Operating Income for the three months ended in Mar. 2024 was $ 27 Mil. Stroeer SE KGaA's Interest Expense for the three months ended in Mar. 2024 was $ -8 Mil. Stroeer SE KGaA's Interest Coverage for the quarter that ended in Mar. 2024 was 3.23. 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.

Stroeer SE KGaA Interest Expense Historical Data

The historical data trend for Stroeer SE KGaA'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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Stroeer SE KGaA Interest Expense Chart

Stroeer SE KGaA Annual Data

Trend

Dec14

Dec15

Dec16

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Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-34.52

-31.73

-30.71

-32.21

-72.78

Stroeer SE KGaA 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															-7.48	-18.52	-8.69	-48.48	-8.38

Stroeer SE KGaA 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 $-84 Mil.

Stroeer SE KGaA (GREY:SOTDY) 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.

Stroeer SE KGaA's Interest Expense for the three months ended in Mar. 2024 was $-8 Mil. Its Operating Income for the three months ended in Mar. 2024 was $27 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $766 Mil.

Stroeer SE KGaA's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	27.079	/	-8.378
	=	3.23

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

Stroeer SE KGaA (Stroeer SE KGaA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Stroeer SE & Co KGaA (GREY:SOTDY) » Definitions » Interest Expense

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0MYZ:UK SAX:Germany

Address

Stroer-Allee 1, Cologne, NW, DEU, 50999

Website

https://www.stroeer.com

Stroeer SE & Co KGaA is a Germany-based holding company focused on promotional media services outside of the home. It operates in three main business segments, Out of Home (OOH) Media, Digital & Dialog Media, and DaaS & E-commerce. The OOH Media segment encompasses the Group's entire OOH advertising business, comprising the Classic OOH, Digital OOH, and OOH services product groups. Digital & Dialog Media segment provides solutions for online advertising in the context of proprietary and third-party content. The scalable products marketed on this basis range from branding and storytelling to performance, native advertising, and social media. Geographically, it generates the majority of its revenue from Germany.