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Methode Electronics (STU:ME5A) Interest Expense : €-19.6 Mil (TTM As of Jan. 2025)


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What is Methode Electronics Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Methode Electronics's interest expense for the three months ended in Jan. 2025 was € -5.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2025 was €-19.6 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. Methode Electronics's Operating Income for the three months ended in Jan. 2025 was € -2.1 Mil. Methode Electronics's Interest Expense for the three months ended in Jan. 2025 was € -5.3 Mil. Methode Electronics did not have earnings to cover the interest expense. 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.


Methode Electronics Interest Expense Historical Data

The historical data trend for Methode Electronics'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.

* Premium members only.

Methode Electronics Interest Expense Chart

Methode Electronics Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.29 -4.35 -3.24 -2.46 -15.56

Methode Electronics Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.59 -4.19 -4.43 -5.69 -5.31

Methode Electronics 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 Jan. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €-19.6 Mil.

* 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.


Methode Electronics  (STU:ME5A) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Methode Electronics's Interest Expense for the three months ended in Jan. 2025 was €-5.3 Mil. Its Operating Income for the three months ended in Jan. 2025 was €-2.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2025 was €335.7 Mil.

Methode Electronics's Interest Coverage for the quarter that ended in Jan. 2025 is calculated as

Methode Electronics did not have earnings to cover the interest expense.

* 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.

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


Methode Electronics Business Description

Traded in Other Exchanges
Address
8750 West Bryn Mawr Avenue, Suite 1000, Chicago, IL, USA, 60631-3518
Methode Electronics Inc makes component and subsystem devices employing electrical, radio remote control, electronic, wireless, and sensing technologies. The firm is organized into various business segments: Automotive, Industrial, Interface, and Medical. The Automotive segment which generates maximum revenue, supplies electronic and electro-mechanical devices and related products to automobiles. The products manufactured in the automotive segment include overhead and center consoles, hidden and ergonomic switches, insert molded components, LED-based lighting, and sensors. Geographically, the company generates maximum revenue from North America and the rest from Europe, the Middle East & Africa (EMEA), and Asia.

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