Landis+Gyr Group AG (XSWX:LAND) Interest Expense : CHF-17 Mil (TTM As of Mar. 2024)

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What is Landis+Gyr Group AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Landis+Gyr Group AG's interest expense for the six months ended in Mar. 2024 was CHF -6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was CHF-17 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. Landis+Gyr Group AG's Operating Income for the six months ended in Mar. 2024 was CHF 71 Mil. Landis+Gyr Group AG's Interest Expense for the six months ended in Mar. 2024 was CHF -6 Mil. Landis+Gyr Group AG's Interest Coverage for the quarter that ended in Mar. 2024 was 12.25. 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.

Landis+Gyr Group AG Interest Expense Historical Data

The historical data trend for Landis+Gyr Group AG'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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Landis+Gyr Group AG Interest Expense Chart

Landis+Gyr Group AG Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-6.51

-6.99

-4.00

-9.51

-17.03

Landis+Gyr Group AG Semi-Annual Data
	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Interest Expense	Get a 7-Day Free Trial													-1.60	-4.87	-4.88	-11.37	-5.80

Landis+Gyr Group AG 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 semi-annually data reported by the company within the most recent 12 months, which was CHF-17 Mil.

Landis+Gyr Group AG (XSWX:LAND) 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.

Landis+Gyr Group AG's Interest Expense for the six months ended in Mar. 2024 was CHF-6 Mil. Its Operating Income for the six months ended in Mar. 2024 was CHF71 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was CHF281 Mil.

Landis+Gyr Group AG'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	*	71.062	/	-5.801
	=	12.25

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

Landis+Gyr Group AG (XSWX:LAND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Landis+Gyr Group AG (XSWX:LAND) » Definitions » Interest Expense

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Traded in Other Exchanges

LDGYY:USA LANDz:UK

Address

Alte Steinhauserstrasse 18, Cham, CHE, CH-6330

Website

https://www.landisgyr.com

Landis+Gyr Group AG is a provider of integrated energy management products tailored to an energy company. It offers electricity meters, heat and cooling meters, software services and custom solutions, grid management, and communication networks. The company's geographical segment includes the Americas, EMEA, and the Asia Pacific. The Americas segment designs, manufactures, markets, and sells the company's Gridstream and advanced meter solutions, digital electricity meters, and other related services. The EMEA segment sells the company's prepayment electricity meters, gas meters, and other services, and The Asia Pacific segment sells the company's load control devices, system deployment services, and related services. It generates a majority of its revenue from the Americas & EMEA segments.