Continental AG (XTER:CON) Interest Expense : €-449 Mil (TTM As of Dec. 2024)

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What is Continental AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Continental AG's interest expense for the three months ended in Dec. 2024 was € -126 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was €-449 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. Continental AG's Operating Income for the three months ended in Dec. 2024 was € 337 Mil. Continental AG's Interest Expense for the three months ended in Dec. 2024 was € -126 Mil. Continental AG's Interest Coverage for the quarter that ended in Dec. 2024 was 2.67. 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.

Continental AG Interest Expense Historical Data

The historical data trend for Continental 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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Continental AG Interest Expense Chart

Continental AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-266.30

-186.00

-238.50

-421.00

-450.00

Continental AG Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-121.00	-103.00	-110.00	-110.00	-126.00

Continental 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-449 Mil.

Continental AG (XTER:CON) 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.

Continental AG's Interest Expense for the three months ended in Dec. 2024 was €-126 Mil. Its Operating Income for the three months ended in Dec. 2024 was €337 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was €4,111 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	337	/	-126
	=	2.67

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

Continental AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Continental AG (XTER:CON) » Definitions » Interest Expense

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Traded in Other Exchanges

CTTAY:USA CTTAF:USA CTT:Romania 1CON:Italy CONd:UK 0LQ1:UK CONA:Germany CONA:Germany CON:Germany CON:Germany CON:Germany CON:Bulgaria

Address

Continental-Plaza 1, Hanover, NI, DEU, 30175

Website

https://www.continental.com

Continental is a global tier-one auto supplier and branded tiremaker. Its operating segments are automotive (market leader in wheel brake, electronic brake and airbag systems, radar and sensor systems, access systems and display solutions), Tires, ContiTech (rubber supplies for auto and industrial applications), and contract manufacturing (legacy manufacturing for spinoff of Vitesco) contributed 15%, 75%, 18% and 0%, respectively, to group adjusted EBIT in 2023. Its top five customers include BMW, Ford, Mercedes-Benz, Stellantis, and Volkswagen, representing 34% of total revenue. Europe is the firm's largest market at 49% of total revenue, followed by North America at 27%, Asia (mostly China) at 21%, and 4% in other regions. The firm intends to spin off the auto unit at the end of 2025.

Executives

Christian Koetz	Board of Directors
Philip Nelles	Board of Directors
Nikolai Setzer	Board of Directors
Dr. Ariane Reinhart	Board of Directors
Katja Garcia Vila	Board of Directors
Olaf Schick	Board of Directors
Philipp Von Hirschheydt	Board of Directors
Katja Dürrfeld	Board of Directors
Frank Jourdan	Board of Directors
Helmut Matschi	Board of Directors
Andreas Wolf	Board of Directors