Dassault Aviation (XPAR:AM) Interest Expense : €-4 Mil (TTM As of Dec. 2023)

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What is Dassault Aviation Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Dassault Aviation's interest expense for the six months ended in Dec. 2023 was € -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-4 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. Dassault Aviation's Operating Income for the six months ended in Dec. 2023 was € 188 Mil. Dassault Aviation's Interest Expense for the six months ended in Dec. 2023 was € -1 Mil. Dassault Aviation's Interest Coverage for the quarter that ended in Dec. 2023 was 153.57. 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.

Dassault Aviation Interest Expense Historical Data

The historical data trend for Dassault Aviation'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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Dassault Aviation Interest Expense Chart

Dassault Aviation Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-75.11

-5.11

-3.94

-3.05

-4.21

Dassault Aviation 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															-2.47	-2.20	-0.86	-2.99	-1.22

Dassault Aviation 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 €-4 Mil.

Dassault Aviation (XPAR:AM) 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.

Dassault Aviation's Interest Expense for the six months ended in Dec. 2023 was €-1 Mil. Its Operating Income for the six months ended in Dec. 2023 was €188 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €208 Mil.

Dassault Aviation's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	187.658	/	-1.222
	=	153.57

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Dassault Aviation SA has enough cash to cover all of its debt. Its financial situation is stable.

Dassault Aviation (XPAR:AM) Business Description

Industry

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Address

9, Rond-Point des Champs-Elysees, Marcel Dassault, Paris, FRA, 75008

Website

https://www.dassault-aviation.com

Dassault Aviation, a subsidiary of French multinational company Dassault Group, designs, builds and maintains military fighter jets, and is one of the largest manufacturers of business jets. Dassault has a 24.8% stake in narrow-moat Thales, which contributes significantly to Dassault's net profit. In 2021, Dassault Aviation generated EUR 7.2 billion in revenue with 12,000 employees. About 70% of revenue comes from defense aircraft equipment sales and services, while Falcon business jets generate the remaining 30% of sales.