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Bossard Holding AG (XSWX:BOSN) Interest Expense : CHF-7 Mil (TTM As of Jun. 2024)


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What is Bossard Holding AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bossard Holding AG's interest expense for the six months ended in Jun. 2024 was CHF -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was CHF-7 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. Bossard Holding AG's Operating Income for the six months ended in Jun. 2024 was CHF 58 Mil. Bossard Holding AG's Interest Expense for the six months ended in Jun. 2024 was CHF -3 Mil. Bossard Holding AG's Interest Coverage for the quarter that ended in Jun. 2024 was 18.87. 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.


Bossard Holding AG Interest Expense Historical Data

The historical data trend for Bossard Holding 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.

* Premium members only.

Bossard Holding AG Interest Expense Chart

Bossard Holding AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.90 -3.62 -3.61 -4.99 -10.37

Bossard Holding AG Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -2.29 -2.35 -5.59 -3.65 -3.08

Bossard Holding 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was CHF-7 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.


Bossard Holding AG  (XSWX:BOSN) 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.

Bossard Holding AG's Interest Expense for the six months ended in Jun. 2024 was CHF-3 Mil. Its Operating Income for the six months ended in Jun. 2024 was CHF58 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was CHF198 Mil.

Bossard Holding AG's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*58.09/-3.078
=18.87

* 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.


Bossard Holding AG Business Description

Traded in Other Exchanges
Address
Steinhauserstrasse 70, Zug, CHE, 6300
Bossard Holding AG is an industrial products distributor. Its Product Solutions include Fastening technology catalog products, Customized items, Bossard ecosyn, and Brand products. The company's geographical segments include Europe, America, and Asia.

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