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Deutsche Boerse AG (XTER:DB1) Interest Expense : €-111 Mil (TTM As of Mar. 2024)


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What is Deutsche Boerse AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Deutsche Boerse AG's interest expense for the three months ended in Mar. 2024 was € -42 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-111 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. Deutsche Boerse AG's Operating Income for the three months ended in Mar. 2024 was € 745 Mil. Deutsche Boerse AG's Interest Expense for the three months ended in Mar. 2024 was € -42 Mil. Deutsche Boerse AG's Interest Coverage for the quarter that ended in Mar. 2024 was 17.70. 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.

Deutsche Boerse AG Interest Expense Historical Data

The historical data trend for Deutsche Boerse 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.

Deutsche Boerse AG Interest Expense Chart

Deutsche Boerse AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -62.30 -99.50 -70.60 -83.70 -110.90

Deutsche Boerse AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -9.10 -10.20 -11.00 -47.30 -42.10

Deutsche Boerse 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-111 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.

Deutsche Boerse AG  (XTER:DB1) 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.

Deutsche Boerse AG's Interest Expense for the three months ended in Mar. 2024 was €-42 Mil. Its Operating Income for the three months ended in Mar. 2024 was €745 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €0 Mil.

Deutsche Boerse AG's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*745.3/-42.1
=17.70

* 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.

Deutsche Boerse AG (XTER:DB1) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Deutsche Boerse AG (XTER:DB1) » Definitions » Interest Expense
Comparable Companies
XTER:SB1 SPGI ICE CME MCO COIN LSE:LSEG MSCI HKSE:00388 NDAQ SZSE:300059 CBOE FDS TSE:8697 BSP:B3SA3 MORN XPAR:ENX ASX:ASX SGX:S68 TSX:X
Traded in Other Exchanges
DBOEY:USA DBOEF:USA DB1:Mexico DB1:Italy DB1d:UK 0H3T:UK DBO:Austria
Address
Mergenthalerallee 61, Eschborn, Frankfurt, HE, DEU, 60485
Website
https://www.deutsche-boerse.com
Deutsche Boerse is a financial exchange company headquartered in Frankfurt, Germany. The company primarily generates revenue through its Eurex and Clearstream segments. Eurex allows for the trading and clearing of derivatives. Clearstream offers custody and settlement services for domestic and international securities, as well as collateral management services. Other segments include Xetra, which generates revenue through trading and clearing cash equities, STOXX (an index business), and several others.
Executives
Heike Eckert Board of Directors
Dr. Christoph Böhm Board of Directors
Dr. Stephan Leithner Board of Directors
Dr. Thomas Book Board of Directors
Gregor Pottmeyer Board of Directors
Dr. Theodor Weimer Board of Directors

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