DSM Firmenich AG (XAMS:DSFIR) Interest Expense : €-168 Mil (TTM As of Dec. 2023)

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What is DSM Firmenich AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. DSM Firmenich AG's interest expense for the six months ended in Dec. 2023 was € -91 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-168 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. DSM Firmenich AG's Operating Income for the six months ended in Dec. 2023 was € -136 Mil. DSM Firmenich AG's Interest Expense for the six months ended in Dec. 2023 was € -91 Mil. DSM Firmenich 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.

DSM Firmenich AG Interest Expense Historical Data

The historical data trend for DSM Firmenich 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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DSM Firmenich AG Interest Expense Chart

DSM Firmenich AG Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

-214.00

-130.00

-168.00

DSM Firmenich AG Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	-	-39.00	-91.00	-77.00	-91.00

DSM Firmenich 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 €-168 Mil.

DSM Firmenich AG (XAMS:DSFIR) 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.

DSM Firmenich AG's Interest Expense for the six months ended in Dec. 2023 was €-91 Mil. Its Operating Income for the six months ended in Dec. 2023 was €-136 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €4,114 Mil.

DSM Firmenich AG's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

DSM Firmenich AG did not have earnings to cover the interest expense.

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

DSM Firmenich AG (XAMS:DSFIR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » DSM Firmenich AG (XAMS:DSFIR) » Definitions » Interest Expense

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Traded in Other Exchanges

DSFIRa:UK 0AC9:UK ZX6:Germany DSFI:Austria

Address

Wurmisweg 576, Kaiseraugst, CHE, 4303

Website

https://www.dsm-firmenich.com/corporate/home.html

DSM-Firmenich is a global science-based company formed in 2023 through the merger of DSM, a Dutch nutrition, health, and sustainable living player, and Switzerland-based Firmenich, the third-largest player in the flavor and fragrance market. The company serves a wide range of end-consumer markets providing nutrition solutions ranging from animal feed to medical and early-life nutrition, fragrances for personal-, home-, and laundry-care brands, prestige perfumes, and other ingredients for food and beverage, home, and personal care. DSM-Firmenich has nearly 30,000 employees, with more than 2,000 scientists and engineers spread across 15 research and development facilities.

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