SIG Group AG (XSWX:SIGN) Interest Expense : CHF-110 Mil (TTM As of Dec. 2023)

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What is SIG Group AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SIG Group AG's interest expense for the six months ended in Dec. 2023 was CHF -60 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was CHF-110 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. SIG Group AG's Operating Income for the six months ended in Dec. 2023 was CHF 187 Mil. SIG Group AG's Interest Expense for the six months ended in Dec. 2023 was CHF -60 Mil. SIG Group AG's Interest Coverage for the quarter that ended in Dec. 2023 was 3.13. 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.

SIG Group AG Interest Expense Historical Data

The historical data trend for SIG 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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SIG Group AG Interest Expense Chart

SIG Group AG Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-38.43

-53.17

-35.90

-46.09

-108.45

SIG Group AG Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial								-18.11	-18.97	-27.83	-50.24	-59.89

SIG 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was CHF-110 Mil.

SIG Group AG (XSWX:SIGN) 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.

SIG Group AG's Interest Expense for the six months ended in Dec. 2023 was CHF-60 Mil. Its Operating Income for the six months ended in Dec. 2023 was CHF187 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was CHF2,063 Mil.

SIG Group 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	*	187.2	/	-59.885
	=	3.13

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

SIG Group AG (XSWX:SIGN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » SIG Group AG (XSWX:SIGN) » Definitions » Interest Expense

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Traded in Other Exchanges

SIGCY:USA SCBGF:USA SIGNz:UK 0P4G:UK

Address

Laufengasse 18, Neuhausen am Rheinfall, CHE, 8212

Website

https://www.sig.biz

SIG Group AG is a systems and solutions provider for aseptic carton packaging solutions, comprising filling machines, sleeves, and closures as well as after-market services. Its geographical segments include Europe, the Middle East and Africa (MEA), Asia Pacific (APAC), and the Americas. It generates maximum revenue from the Europe segment. The company offers packaging solutions for the beverages and food industry.

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