Aalberts NV (LTS:0NX1) Interest Expense : €-35 Mil (TTM As of Dec. 2023)

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What is Aalberts NV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aalberts NV's interest expense for the six months ended in Dec. 2023 was € -15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-35 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. Aalberts NV's Operating Income for the six months ended in Dec. 2023 was € 197 Mil. Aalberts NV's Interest Expense for the six months ended in Dec. 2023 was € -15 Mil. Aalberts NV's Interest Coverage for the quarter that ended in Dec. 2023 was 13.30. 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.

Aalberts NV Interest Expense Historical Data

The historical data trend for Aalberts NV'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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Aalberts NV Interest Expense Chart

Aalberts NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-25.20

-19.40

-14.50

-21.30

-35.60

Aalberts NV 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															-7.00	-8.00	-12.90	-20.20	-14.80

Aalberts NV 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 €-35 Mil.

Aalberts NV (LTS:0NX1) 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.

Aalberts NV's Interest Expense for the six months ended in Dec. 2023 was €-15 Mil. Its Operating Income for the six months ended in Dec. 2023 was €197 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €517 Mil.

Aalberts NV'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	*	196.9	/	-14.8
	=	13.30

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

Aalberts NV (LTS:0NX1) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aalberts NV (LTS:0NX1) » Definitions » Interest Expense

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AALBF:USA AALB:Netherlands AACA:Germany

Address

Stadsplateau 18, WTC Utrecht, Utrecht, UT, NLD, NL-3521

Website

https://www.aalberts.com

Aalberts NV develops technologies and projects to enhance building and product efficiencies. It offers valve and control technologies, specialized manufacturing processes, and piping systems to distribute water and gas. The firm has two operating segments: Building Technology and Industrial Technology. The services provided rely on technology know-how and a global network of locations to provide informed and timely responses. Aalberts has an extended portfolio of metal and plastic for new builds, renovations, and repairs to existing structures.

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