TransDigm Group (FRA:T7D) Interest Expense : €-1,117 Mil (TTM As of Mar. 2024)

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What is TransDigm Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. TransDigm Group's interest expense for the three months ended in Mar. 2024 was € -300 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-1,117 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. TransDigm Group's Operating Income for the three months ended in Mar. 2024 was € 808 Mil. TransDigm Group's Interest Expense for the three months ended in Mar. 2024 was € -300 Mil. TransDigm Group's Interest Coverage for the quarter that ended in Mar. 2024 was 2.69. 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.

TransDigm Group Interest Expense Historical Data

The historical data trend for TransDigm Group'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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TransDigm Group Interest Expense Chart

TransDigm Group Annual Data

Trend

Sep14

Sep15

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Sep20

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Sep22

Sep23

Interest Expense

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-779.97

-873.62

-900.15

-1,086.76

-1,090.67

TransDigm Group 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															-275.53	-268.59	-273.60	-275.10	-299.92

TransDigm Group 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 €-1,117 Mil.

TransDigm Group (FRA:T7D) 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.

TransDigm Group's Interest Expense for the three months ended in Mar. 2024 was €-300 Mil. Its Operating Income for the three months ended in Mar. 2024 was €808 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €19,625 Mil.

TransDigm Group'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	*	807.76	/	-299.92
	=	2.69

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

TransDigm Group (FRA:T7D) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » TransDigm Group Inc (FRA:T7D) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

TDG:USA TDG:Mexico T7D:Germany T1DG34:Brazil

Address

1301 East 9th Street, Suite 3000, Cleveland, OH, USA, 44114

Website

https://www.transdigm.com

TransDigm manufactures and services a diverse set of components and parts for commercial and military aircraft. The firm organizes itself in three segments: a power and control segment, airframes, and a small nonaviation segment, which serves mostly off-road vehicles and mining equipment. It operates as an acquisitive holding company that focuses its portfolio on firms that make proprietary products with substantial aftermarket demand. TransDigm regularly employs financial leverage to amplify its operating results.

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