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L.B. Foster Co (FRA:LB1A) Interest Expense : €-4.9 Mil (TTM As of Mar. 2024)


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What is L.B. Foster Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. L.B. Foster Co's interest expense for the three months ended in Mar. 2024 was € -1.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-4.9 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. L.B. Foster Co's Operating Income for the three months ended in Mar. 2024 was € 2.1 Mil. L.B. Foster Co's Interest Expense for the three months ended in Mar. 2024 was € -1.0 Mil. L.B. Foster Co's Interest Coverage for the quarter that ended in Mar. 2024 was 2.03. 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.

L.B. Foster Co Interest Expense Historical Data

The historical data trend for L.B. Foster 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.

L.B. Foster Co Interest Expense Chart

L.B. Foster Co 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 -4.42 -3.09 -2.62 -3.15 -5.07

L.B. Foster Co 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 -1.30 -1.45 -1.35 -1.03 -1.04

L.B. Foster 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-4.9 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.

L.B. Foster Co  (FRA:LB1A) 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.

L.B. Foster Co's Interest Expense for the three months ended in Mar. 2024 was €-1.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was €2.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €82.0 Mil.

L.B. Foster Co'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*2.1/-1.035
=2.03

* 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.

L.B. Foster Co (FRA:LB1A) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » L.B. Foster Co (FRA:LB1A) » Definitions » Interest Expense
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Traded in Other Exchanges
FSTR:USA
Address
415 Holiday Drive, Suite 100, Pittsburgh, PA, USA, 15220
Website
https://www.lbfoster.com
L.B. Foster Co is a US-based firm engaged in the manufacturing, fabrication, and distribution of products and services, especially for the rail, construction, energy, and utility industry. The company operates its business through three segments: Rail Technologies and Services; Precast Concrete Products and Steel Products and Measurement. Its principal business activity involves providing new and used rail, trackwork, and accessories, producing concrete railroad ties, insulated rail joints, power rail, track fasteners, coverboards, and sales of sells and rents steel sheet piling, H-bearing pile, and other piling products for foundation and earth retention requirements. It generates the majority of its revenues from the Rail Products and Services segment.

L.B. Foster Co (FRA:LB1A) Headlines

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