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Donaldson Co (FRA:DNZ) Interest Expense : €-19 Mil (TTM As of Apr. 2024)


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What is Donaldson Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Donaldson Co's interest expense for the three months ended in Apr. 2024 was € -5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Apr. 2024 was €-19 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. Donaldson Co's Operating Income for the three months ended in Apr. 2024 was € 134 Mil. Donaldson Co's Interest Expense for the three months ended in Apr. 2024 was € -5 Mil. Donaldson Co's Interest Coverage for the quarter that ended in Apr. 2024 was 28.72. 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.

Donaldson Co Interest Expense Historical Data

The historical data trend for Donaldson Co'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.

Donaldson Co Interest Expense Chart

Donaldson Co Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.75 -15.14 -11.00 -14.65 -17.36

Donaldson Co Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 -4.65 -4.43 -5.21 -5.14 -4.66

Donaldson Co 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 Apr. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-19 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.

Donaldson Co  (FRA:DNZ) 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.

Donaldson Co's Interest Expense for the three months ended in Apr. 2024 was €-5 Mil. Its Operating Income for the three months ended in Apr. 2024 was €134 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Apr. 2024 was €449 Mil.

Donaldson Co's Interest Coverage for the quarter that ended in Apr. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Apr. 2024 )/Interest Expense (Q: Apr. 2024 )
=-1*133.835/-4.66
=28.72

* 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.

Donaldson Co (FRA:DNZ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Donaldson Co Inc (FRA:DNZ) » Definitions » Interest Expense
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Traded in Other Exchanges
DCI:USA
Address
1400 West 94th Street, Minneapolis, MN, USA, 55431
Website
https://ir.donaldson.com
Donaldson is a leading manufacturer of filtration systems and replacement parts (including air filtration systems, liquid filtration systems, and dust, fume, and mist collectors). The company serves a diverse range of end markets, including construction, mining, agriculture, truck, and industrial. Its business is organized into three segments: mobile solutions, industrial solutions, and life sciences. Donaldson generated approximately $3.4 billion in revenue and $480 million in operating income in its fiscal 2023.