Emerson Electric Co (WBO:EMR) Interest Expense : €-273 Mil (TTM As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Emerson Electric Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Emerson Electric Co's interest expense for the three months ended in Mar. 2024 was € -83 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-273 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. Emerson Electric Co's Operating Income for the three months ended in Mar. 2024 was € 658 Mil. Emerson Electric Co's Interest Expense for the three months ended in Mar. 2024 was € -83 Mil. Emerson Electric Co's Interest Coverage for the quarter that ended in Mar. 2024 was 7.94. 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.

Emerson Electric Co Interest Expense Historical Data

The historical data trend for Emerson Electric Co'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.

Emerson Electric Co Interest Expense Chart

Emerson Electric Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Expense

Get a 7-Day Free Trial

-182.51

-148.58

-140.25

-230.28

-244.56

Emerson Electric Co 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															-66.31	-62.76	-50.60	-77.03	-82.80

Emerson Electric Co 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 €-273 Mil.

Emerson Electric Co (WBO:EMR) 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.

Emerson Electric Co's Interest Expense for the three months ended in Mar. 2024 was €-83 Mil. Its Operating Income for the three months ended in Mar. 2024 was €658 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €7,475 Mil.

Emerson Electric Co'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	*	657.8	/	-82.8
	=	7.94

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

Emerson Electric Co (WBO:EMR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Emerson Electric Co (WBO:EMR) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

EMR:USA EMR:Mexico 1EMR:Italy EMR:Germany E1MR34:Brazil

Address

8000 West Florissant Avenue, P.O. Box 4100, St. Louis, MO, USA, 63136

Website

https://www.emerson.com

Emerson Electric sells automation equipment and services under two segments: intelligent devices and software control. Within software and control, it also holds a majority interest in AspenTech, an industrial software business, and owns a test and measurement business that was formerly National Instruments. Intelligent devices also holds Emerson's tools business, which boasts several household brands, like Ridgid. Emerson's automation business is most known for its process manufacturing solutions, which consists of measurement and analytical instrumentation, as well as control valves and actuators, among other products and services. Nearly half of the firm's geographic sales come from the Americas.