Vestis (STU:6TS) Interest Expense : €-110 Mil (TTM As of Dec. 2024)

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What is Vestis Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vestis's interest expense for the three months ended in Dec. 2024 was € -22 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was €-110 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. Vestis's Operating Income for the three months ended in Dec. 2024 was € 29 Mil. Vestis's Interest Expense for the three months ended in Dec. 2024 was € -22 Mil. Vestis's Interest Coverage for the quarter that ended in Dec. 2024 was 1.32. 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.

Vestis Interest Expense Historical Data

The historical data trend for Vestis'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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Vestis Interest Expense Chart

Vestis Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Sep24

Interest Expense

-0.18

-4.59

-1.98

-114.03

Vestis Quarterly Data
	Sep21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial							-28.91	-31.94	-27.30	-28.55	-22.06

Vestis 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 €-110 Mil.

Vestis (STU:6TS) 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.

Vestis's Interest Expense for the three months ended in Dec. 2024 was €-22 Mil. Its Operating Income for the three months ended in Dec. 2024 was €29 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was €1,251 Mil.

Vestis'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	*	29.031	/	-22.058
	=	1.32

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

Vestis Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Vestis Corp (STU:6TS) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

VSTS:USA 6TS:Germany

Address

1035 Alpharetta Street, Suite 2100, Roswell, GA, USA, 30075

Website

https://www.vestis.com

Vestis Corp is a provider of uniform rentals and workplace supplies across the United States and Canada. It provides uniforms, mats, towels, linens, restroom supplies, first-aid supplies, safety products, and other workplace supplies. The Company serves customers ranging from small, family-owned operations with a single location to large corporations and national franchises with multiple locations. The company operates in the United States and Canada as reportable segments. The company earns the majority of its revenue from the United States.

Vestis Headlines

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