GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Casella Waste Systems Inc (FRA:WA3) » Definitions » Interest Expense

Casella Waste Systems (FRA:WA3) Interest Expense : €-53 Mil (TTM As of Mar. 2024)


View and export this data going back to 1997. Start your Free Trial

What is Casella Waste Systems Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Casella Waste Systems's interest expense for the three months ended in Mar. 2024 was € -15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-53 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. Casella Waste Systems's Operating Income for the three months ended in Mar. 2024 was € 11 Mil. Casella Waste Systems's Interest Expense for the three months ended in Mar. 2024 was € -15 Mil. Casella Waste Systems's Interest Coverage for the quarter that ended in Mar. 2024 was 0.75. 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.

Casella Waste Systems Interest Expense Historical Data

The historical data trend for Casella Waste Systems'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.

Casella Waste Systems Interest Expense Chart

Casella Waste Systems Annual Data
Trend Apr14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -22.59 -18.39 -18.79 -22.39 -43.63

Casella Waste Systems 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 -6.50 -8.31 -14.09 -16.23 -14.61

Casella Waste Systems 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 €-53 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.

Casella Waste Systems  (FRA:WA3) 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.

Casella Waste Systems's Interest Expense for the three months ended in Mar. 2024 was €-15 Mil. Its Operating Income for the three months ended in Mar. 2024 was €11 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €964 Mil.

Casella Waste Systems'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*10.921/-14.611
=0.75

* 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.

Casella Waste Systems (FRA:WA3) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Casella Waste Systems Inc (FRA:WA3) » Definitions » Interest Expense
Comparable Companies
SRCL MEG NVRI LNZA QRHC AMBI PESI LICY GCEI GWAV WM RSG WCN XPAR:VIE CLH GFL XMAD:FCC SHSE:603568 SZSE:002340 ASX:CWY
Traded in Other Exchanges
CWST:USA WA3:Germany
Address
25 Greens Hill Lane, Rutland, VT, USA, 05701
Website
https://www.casella.com
Casella Waste Systems Inc is a solid waste removal company, providing resource management services to residential, commercial, municipal, and industrial customers in the Northeastern United States. The company's reportable segments on Geographical basis include Eastern and Western regions as well as the Resource solution segment. It generates maximum revenue from the Western region segment. The company services include Recycling, Collection, Organics, Energy, Landfills, Special Waste as well as Professional Services.

Casella Waste Systems (FRA:WA3) Headlines

No Headlines