PIERER Mobility AG (XSWX:PKTM) Interest Expense : CHF-71 Mil (TTM As of Dec. 2023)

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What is PIERER Mobility AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PIERER Mobility AG's interest expense for the six months ended in Dec. 2023 was CHF -42 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was CHF-71 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. PIERER Mobility AG's Operating Income for the six months ended in Dec. 2023 was CHF 61 Mil. PIERER Mobility AG's Interest Expense for the six months ended in Dec. 2023 was CHF -42 Mil. PIERER Mobility AG's Interest Coverage for the quarter that ended in Dec. 2023 was 1.45. 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.

PIERER Mobility AG Interest Expense Historical Data

The historical data trend for PIERER Mobility 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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PIERER Mobility AG Interest Expense Chart

PIERER Mobility AG Annual Data

Trend

Sep14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-18.53

-16.44

-13.38

-19.06

-69.73

PIERER Mobility AG Semi-Annual Data
	Mar14	Sep14	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															-7.00	-7.31	-12.02	-28.70	-41.99

PIERER Mobility 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was CHF-71 Mil.

PIERER Mobility AG (XSWX:PKTM) 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.

PIERER Mobility AG's Interest Expense for the six months ended in Dec. 2023 was CHF-42 Mil. Its Operating Income for the six months ended in Dec. 2023 was CHF61 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was CHF908 Mil.

PIERER Mobility AG'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	*	60.953	/	-41.989
	=	1.45

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

PIERER Mobility AG (XSWX:PKTM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » PIERER Mobility AG (XSWX:PKTM) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

PKTMz:UK PKTM:Germany PKTM:Austria

Address

Edisonstrasse 1, Wels, AUT, 4600

Website

https://www.pierermobility.com

PIERER Mobility AG is a global automotive niche player that includes worldwide renowned brands KTM, Husqvarna Motorcycles, and WP. Its KTM Industries group is divided into core areas like high-performance components, PTW Vehicles, and PTW vehicles concept development. It operates in three segments: Motorcycles, which generate the majority of the revenue; E-bicycles; and Others. The company's geographical segments include Europe, North America & Mexico, and Others.

Executives

Dipl. Ing. Stefan Pierer	Board of Directors
Mag. Friedrich Roithner	Board of Directors
Josef Blazicek	Supervisory Board

PIERER Mobility AG (XSWX:PKTM) Headlines

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