AptarGroup (STU:AGT) Interest Expense : €-37 Mil (TTM As of Mar. 2024)

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What is AptarGroup Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AptarGroup's interest expense for the three months ended in Mar. 2024 was € -9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-37 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. AptarGroup's Operating Income for the three months ended in Mar. 2024 was € 106 Mil. AptarGroup's Interest Expense for the three months ended in Mar. 2024 was € -9 Mil. AptarGroup's Interest Coverage for the quarter that ended in Mar. 2024 was 11.36. 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.

AptarGroup Interest Expense Historical Data

The historical data trend for AptarGroup'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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AptarGroup Interest Expense Chart

AptarGroup Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-31.94

-27.33

-26.80

-38.54

-37.06

AptarGroup 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															-9.55	-8.94	-9.36	-9.65	-9.36

AptarGroup 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 €-37 Mil.

AptarGroup (STU:AGT) 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.

AptarGroup's Interest Expense for the three months ended in Mar. 2024 was €-9 Mil. Its Operating Income for the three months ended in Mar. 2024 was €106 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €666 Mil.

AptarGroup'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	*	106.318	/	-9.361
	=	11.36

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

AptarGroup (STU:AGT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » AptarGroup Inc (STU:AGT) » Definitions » Interest Expense

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Traded in Other Exchanges

ATR:USA AGT:Germany

Address

265 Exchange Drive, Suite 301, Crystal Lake, IL, USA, 60014

Website

https://www.aptar.com

Headquartered in Crystal Lake, Illinois, AptarGroup is a leading global supplier of dispensing systems such as aerosol valves, pumps, and closures to the consumer goods and pharmaceutical markets. With the bulk of its annual net sales coming from Europe (50% of sales) and the United States (33%), Aptar aims to increase its presence in Asia (10%) and Latin America (7%). Aptar's pharmaceutical division generates roughly one third of group sales but over two thirds of group profits.