Swiss Steel Holding AG (XSWX:STLN) Interest Expense : CHF-76 Mil (TTM As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Swiss Steel Holding AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Swiss Steel Holding AG's interest expense for the six months ended in Dec. 2023 was CHF -41 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was CHF-76 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. Swiss Steel Holding AG's Operating Income for the six months ended in Dec. 2023 was CHF -202 Mil. Swiss Steel Holding AG's Interest Expense for the six months ended in Dec. 2023 was CHF -41 Mil. Swiss Steel Holding AG 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.

Swiss Steel Holding AG Interest Expense Historical Data

The historical data trend for Swiss Steel 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.

Swiss Steel Holding AG Interest Expense Chart

Swiss Steel Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-55.79

-47.12

-42.15

-45.59

-75.07

Swiss Steel Holding AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-22.06	-21.85	-24.57	-35.51	-40.74

Swiss Steel 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was CHF-76 Mil.

Swiss Steel Holding AG (XSWX:STLN) 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.

Swiss Steel Holding AG's Interest Expense for the six months ended in Dec. 2023 was CHF-41 Mil. Its Operating Income for the six months ended in Dec. 2023 was CHF-202 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was CHF541 Mil.

Swiss Steel Holding AG's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Swiss Steel Holding AG did not have earnings to cover the interest expense.

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

Swiss Steel Holding AG (XSWX:STLN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Swiss Steel Holding AG (XSWX:STLN) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

STLNz:UK

Address

Landenbergstrasse 11, Lucerne, CHE, 6005

Website

https://www.swisssteel-group.com

Swiss Steel Holding AG is a manufacturer, processor, and distributor of long steel products. The company operates through two segments, Production and Sales and services. Its products include quality steel, tool steel, bright steel, and special materials, etc. The company also offers service, which includes technical service, prefabrication, and timely delivery service. It generates maximum revenue from the Production segment. The company derives the majority of its revenues from Germany.

Swiss Steel Holding AG (XSWX:STLN) Headlines

No Headlines