Regal Rexnord (STU:RB8) Interest Expense : €-408 Mil (TTM As of Mar. 2024)

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What is Regal Rexnord Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Regal Rexnord's interest expense for the three months ended in Mar. 2024 was € -97 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-408 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. Regal Rexnord's Operating Income for the three months ended in Mar. 2024 was € 143 Mil. Regal Rexnord's Interest Expense for the three months ended in Mar. 2024 was € -97 Mil. Regal Rexnord's Interest Coverage for the quarter that ended in Mar. 2024 was 1.47. 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.

Regal Rexnord Interest Expense Historical Data

The historical data trend for Regal Rexnord'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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Regal Rexnord Interest Expense Chart

Regal Rexnord Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-47.70

-32.72

-53.45

-82.32

-395.23

Regal Rexnord 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															-89.10	-107.44	-104.48	-98.76	-96.97

Regal Rexnord 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 €-408 Mil.

Regal Rexnord (STU:RB8) 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.

Regal Rexnord's Interest Expense for the three months ended in Mar. 2024 was €-97 Mil. Its Operating Income for the three months ended in Mar. 2024 was €143 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €5,862 Mil.

Regal Rexnord'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	*	142.968	/	-96.968
	=	1.47

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

Regal Rexnord (STU:RB8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Regal Rexnord Corp (STU:RB8) » Definitions » Interest Expense

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Traded in Other Exchanges

RRX:USA RRX:Mexico

Address

200 State Street, Beloit, WI, USA, 53511

Website

https://www.regalrexnord.com

Regal Rexnord Corp is in the engineering and manufacturing of industrial powertrain solutions, power transmission components, electric motors and electronic controls, air moving products and specialty electrical components and systems, serving customers around the world. The four operating segments include Commercial Systems, Industrial Systems, Climate Solutions and Motion Control Solutions.

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