Ackermans & Van Haaren NV (XBRU:ACKB) Interest Expense : €-59 Mil (TTM As of Dec. 2023)

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What is Ackermans & Van Haaren NV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ackermans & Van Haaren NV's interest expense for the six months ended in Dec. 2023 was € -31 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-59 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. Ackermans & Van Haaren NV's Operating Income for the six months ended in Dec. 2023 was € 276 Mil. Ackermans & Van Haaren NV's Interest Expense for the six months ended in Dec. 2023 was € -31 Mil. Ackermans & Van Haaren NV's Interest Coverage for the quarter that ended in Dec. 2023 was 8.84. 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.

Ackermans & Van Haaren NV Interest Expense Historical Data

The historical data trend for Ackermans & Van Haaren 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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Ackermans & Van Haaren NV Interest Expense Chart

Ackermans & Van Haaren NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-35.33

-39.58

-33.69

-37.37

-58.54

Ackermans & Van Haaren 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															-17.12	-14.95	-22.42	-27.25	-31.29

Ackermans & Van Haaren 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 €-59 Mil.

Ackermans & Van Haaren NV (XBRU:ACKB) 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.

Ackermans & Van Haaren NV's Interest Expense for the six months ended in Dec. 2023 was €-31 Mil. Its Operating Income for the six months ended in Dec. 2023 was €276 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €2,392 Mil.

Ackermans & Van Haaren 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	*	276.472	/	-31.292
	=	8.84

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

Ackermans & Van Haaren NV (XBRU:ACKB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ackermans & Van Haaren NV (XBRU:ACKB) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

AVHNF:USA ACKBb:UK 0GYM:UK B3K:Germany

Address

Begijnenvest 113, Antwerp, BEL, 2000

Website

https://www.avh.be

Ackermans & Van Haaren NV is a global investment company with five core business segments, including Marine Engineering and Contracting, Private Banking, Real Estate and Senior Care, Energy and resources, and AvH and Growth Capital. The company has a long-term, activist orientation focused on making investments in growth companies with international exposure. A plurality of its net profit mix is derived from its Marine Engineering & Contracting segment, followed closely by its Private Banking & real estate and senior care division.

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