Kingspan Group (Kingspan Group) Interest Expense : $-69 Mil (TTM As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Kingspan Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kingspan Group's interest expense for the six months ended in Dec. 2023 was $ -35 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-69 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. Kingspan Group's Operating Income for the six months ended in Dec. 2023 was $ 459 Mil. Kingspan Group's Interest Expense for the six months ended in Dec. 2023 was $ -35 Mil. Kingspan Group's Interest Coverage for the quarter that ended in Dec. 2023 was 13.11. 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.

Kingspan Group Interest Expense Historical Data

The historical data trend for Kingspan 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.

* Premium members only.

Kingspan Group Interest Expense Chart

Kingspan Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-26.11

-29.32

-40.90

-41.74

-69.47

Kingspan Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-18.98	-18.92	-22.78	-34.24	-35.01

Kingspan 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-69 Mil.

Kingspan Group (OTCPK:KGSPY) 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.

Kingspan Group's Interest Expense for the six months ended in Dec. 2023 was $-35 Mil. Its Operating Income for the six months ended in Dec. 2023 was $459 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $2,060 Mil.

Kingspan Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	458.779	/	-35.005
	=	13.11

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

Kingspan Group (Kingspan Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kingspan Group PLC (OTCPK:KGSPY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

KRX:Ireland KRXi:UK 0KGP:UK KRX:Germany

Address

Dublin Road, Kingscourt, County Cavan, IRL, A82 XY31

Website

https://www.kingspan.com

Kingspan Group PLC manufactures and sells building supplies to the commercial, residential, and data storage industries throughout the world. The company organizes itself in five segments. The Insulated Panels segment, which generates the majority of revenue, sells insulated panels, structural frames, and metal facades. The Insulation segment sells insulation boards, building series insulation, and engineered timber systems. The Light and Air segment manufacture day-lighting, smoke management, and ventilation systems. The Water and Energy segment manufacture energy and water solutions and all related service activities, and Data and Flooring Technology manufacture data center storage solutions and raised access floors. and Roofing and Waterproof segment.