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Standex International (FRA:9SI) Interest Expense : €-4.1 Mil (TTM As of Mar. 2024)


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What is Standex International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Standex International's interest expense for the three months ended in Mar. 2024 was € -0.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-4.1 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. Standex International's Operating Income for the three months ended in Mar. 2024 was € 24.3 Mil. Standex International's Interest Expense for the three months ended in Mar. 2024 was € -0.9 Mil. Standex International's Interest Coverage for the quarter that ended in Mar. 2024 was 27.84. 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.


Standex International Interest Expense Historical Data

The historical data trend for Standex International'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.

Standex International Interest Expense Chart

Standex International Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.52 -6.64 -4.97 -5.56 -4.99

Standex International 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 -1.32 -1.14 -1.20 -0.93 -0.87

Standex International 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 €-4.1 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.


Standex International  (FRA:9SI) 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.

Standex International's Interest Expense for the three months ended in Mar. 2024 was €-0.9 Mil. Its Operating Income for the three months ended in Mar. 2024 was €24.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €163.5 Mil.

Standex International'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*24.303/-0.873
=27.84

* 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.


Standex International (FRA:9SI) Business Description

Traded in Other Exchanges
Address
23 Keewaydin Drive, Salem, NH, USA, 03079
Standex International Corp is a us-based firm. It engages in manufacturing a variety of products and services for several commercial and industrial markets. It has five segments that include Electronics; Engraving; Scientific; Engineering Technologies and Specialty Solutions. With its business spread majorly in the United States, most of the company revenues come from the Electronics business that primarily includes manufacturing and selling of electronic components for applications throughout the end-user market spectrum.

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