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Schaeffler AG (XTER:SHA0) Interest Expense : €-343 Mil (TTM As of Dec. 2024)


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What is Schaeffler AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Schaeffler AG's interest expense for the three months ended in Dec. 2024 was € -64 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was €-343 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. Schaeffler AG's Operating Income for the three months ended in Dec. 2024 was € 93 Mil. Schaeffler AG's Interest Expense for the three months ended in Dec. 2024 was € -64 Mil. Schaeffler AG's Interest Coverage for the quarter that ended in Dec. 2024 was 1.45. 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.

Schaeffler AG Interest Expense Historical Data

The historical data trend for Schaeffler 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.

Schaeffler AG Interest Expense Chart

Schaeffler AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -122.00 -126.00 -124.00 -197.00 -343.00

Schaeffler 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 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 -28.00 -111.00 -85.00 -83.00 -64.00

Schaeffler 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 €-343 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.

Schaeffler AG  (XTER:SHA0) 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.

Schaeffler AG's Interest Expense for the three months ended in Dec. 2024 was €-64 Mil. Its Operating Income for the three months ended in Dec. 2024 was €93 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was €5,508 Mil.

Schaeffler 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*93/-64
=1.45

* 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.

Schaeffler AG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Schaeffler AG (XTER:SHA0) » Definitions » Interest Expense
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Traded in Other Exchanges
SHA0d:UK 0RBK:UK
Address
Industriestrasse 1-3, Herzogenaurach, BY, DEU, 91074
Website
https://www.schaeffler.com
Schaeffler AG is an automotive and industrial supplier. The company's business is managed based on three divisions: Automotive Technologies, Automotive Aftermarket, and Industrial. The Automotive Technologies division organizes its business in the Engine Systems, Transmission Systems, E-Mobility, and Chassis Systems business divisions. The industrial division distributes components and systems for rotary and linear movements as well as services for a wide range of industrial sectors. The Automotive Aftermarket division is responsible for business with spare vehicle parts. Its Automotive Technologies generates revenue. Its geographical segments are Europe, the Americas, Greater China, and Asia-Pacific.
Executives
Prof. Siegfried Wolf Supervisory Board
Klaus Rosenfeld Board of Directors
Georg F.w. Schaeffler Supervisory Board
Prof. Dr. Bernd Gottschalk Supervisory Board
Jens Willem Schüler Board of Directors
Matthias Zink Board of Directors
Dr. Stefan Spindler Board of Directors
Andreas Schick Board of Directors
Uwe Wagner Board of Directors
Corinna Schittenhelm Board of Directors

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