Acushnet Holdings (STU:163) Interest Expense : €-42 Mil (TTM As of Mar. 2024)

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What is Acushnet Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Acushnet Holdings's interest expense for the three months ended in Mar. 2024 was € -12 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-42 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. Acushnet Holdings's Operating Income for the three months ended in Mar. 2024 was € 112 Mil. Acushnet Holdings's Interest Expense for the three months ended in Mar. 2024 was € -12 Mil. Acushnet Holdings's Interest Coverage for the quarter that ended in Mar. 2024 was 9.28. 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.

Acushnet Holdings Interest Expense Historical Data

The historical data trend for Acushnet Holdings'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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Acushnet Holdings Interest Expense Chart

Acushnet Holdings Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-17.53

-10.52

-5.96

-13.23

-40.01

Acushnet Holdings 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															-9.24	-10.11	-8.80	-10.77	-12.03

Acushnet Holdings 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 €-42 Mil.

Acushnet Holdings (STU:163) 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.

Acushnet Holdings's Interest Expense for the three months ended in Mar. 2024 was €-12 Mil. Its Operating Income for the three months ended in Mar. 2024 was €112 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €767 Mil.

Acushnet Holdings'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	*	111.671	/	-12.03
	=	9.28

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

Acushnet Holdings (STU:163) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Acushnet Holdings Corp (STU:163) » Definitions » Interest Expense

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Traded in Other Exchanges

GOLF:USA 163:Germany

Address

333 Bridge Street, Fairhaven, MA, USA, 02719

Website

https://www.acushnetholdingscorp.com

Acushnet Holdings Corp is engaged in the design, development, manufacture, and distribution of golf products. Its product category includes golf balls, golf shoes, golf clubs, wedges, putters, golf gloves, golf gear and golf wear, of which key revenue is derived from the sales of golf balls and golf gloves. The operating segments of the company are Titleist golf balls, Titleist golf clubs, Titleist golf gear and FootJoy golf wear. The company operates in the United States, EMEA, Japan, Korea and other countries, of which a majority of the revenue is generated from the operations in the United States.

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