Siemens AG (XBUL:SIE) Interest Expense : лв-3,626 Mil (TTM As of Sep. 2024)

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What is Siemens AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Siemens AG's interest expense for the three months ended in Sep. 2024 was лв -973 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was лв-3,626 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. Siemens AG's Operating Income for the three months ended in Sep. 2024 was лв 5,477 Mil. Siemens AG's Interest Expense for the three months ended in Sep. 2024 was лв -973 Mil. Siemens AG's Interest Coverage for the quarter that ended in Sep. 2024 was 5.63. 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.

Siemens AG Interest Expense Historical Data

The historical data trend for Siemens AG'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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Siemens AG Interest Expense Chart

Siemens AG Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Interest Expense

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-1,783.96

-1,409.72

-1,269.30

-2,718.51

-3,686.22

Siemens AG Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-732.75	-854.24	-904.04	-895.28	-972.67

Siemens AG 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was лв-3,626 Mil.

Siemens AG (XBUL:SIE) 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.

Siemens AG's Interest Expense for the three months ended in Sep. 2024 was лв-973 Mil. Its Operating Income for the three months ended in Sep. 2024 was лв5,477 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was лв85,332 Mil.

Siemens AG's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	5476.663	/	-972.665
	=	5.63

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

Siemens AG Business Description

Industry

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Address

Werner-von-Siemens-Strabe 1, Munich, BY, DEU, 80333

Website

https://www.siemens.com

Siemens is a multi-industry company focused on the areas of automation, electrification, mobility, and healthcare. Its top three geographic regions—the United States, Germany, and China—contribute over half of group revenue. Siemens has a 75% investment in separately listed Siemens Healthineers. Recent portfolio activity included the listing of Siemens Energy, spinning out its power and gas and Siemens Gamesa business divisions in 2020.

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