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Signify NV (XAMS:LIGHT) Interest Expense : €-78 Mil (TTM As of Mar. 2024)


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What is Signify NV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Signify NV's interest expense for the three months ended in Mar. 2024 was € -31 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-78 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. Signify NV's Operating Income for the three months ended in Mar. 2024 was € 64 Mil. Signify NV's Interest Expense for the three months ended in Mar. 2024 was € -31 Mil. Signify NV's Interest Coverage for the quarter that ended in Mar. 2024 was 2.06. 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.

Signify NV Interest Expense Historical Data

The historical data trend for Signify 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.

* Premium members only.

Signify NV Interest Expense Chart

Signify NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -43.00 -54.00 -46.00 -59.00 -83.00

Signify NV 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 -35.00 -37.00 -29.00 19.00 -31.00

Signify 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-78 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.

Signify NV  (XAMS:LIGHT) 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.

Signify NV's Interest Expense for the three months ended in Mar. 2024 was €-31 Mil. Its Operating Income for the three months ended in Mar. 2024 was €64 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €1,158 Mil.

Signify NV'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*64/-31
=2.06

* 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.

Signify NV (XAMS:LIGHT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Signify NV (XAMS:LIGHT) » Definitions » Interest Expense
Comparable Companies
XAMS:ALFEN SZSE:300750 XSWX:ABBN BKK:DELTA TSE:6503 XPAR:LR SZSE:300124 SZSE:300274 XKRX:247540 HUBB VRT SZSE:300014 SHSE:603195 MIL:PRY SHSE:600089 BOM:517354 BOM:542652 TSE:6506 NVT BOM:500093
Traded in Other Exchanges
SFFYF:USA PHPPY:USA LIGHT:Mexico LIGHTa:UK 0RHI:UK G14:Germany LGHT:Austria
Address
High Tech Campus 48, Eindhoven, NLD, 5656 AE
Website
https://www.signify.com
Signify NV is a Netherlands-based firm that provides lighting solutions. The company's product portfolio includes luminaires, lamps, light-emitting diode (LED) lamps, LED tubes, and decorative lighting. Its product application is very broad-based as it is used in almost every industry. The operating segments are Digital Solutions, Digital Products, and Conventional Products. The firm generates of its revenues from its Digital Solutions segment and operates mainly in Europe, the Americas, as well as other international markets.

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