AGC (ASGLY) Interest Expense : $-148 Mil (TTM As of Dec. 2023)

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What is AGC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AGC's interest expense for the three months ended in Dec. 2023 was $ -31 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-148 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. AGC's Operating Income for the three months ended in Dec. 2023 was $ 228 Mil. AGC's Interest Expense for the three months ended in Dec. 2023 was $ -31 Mil. AGC's Interest Coverage for the quarter that ended in Dec. 2023 was 7.47. 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.

AGC Interest Expense Historical Data

The historical data trend for AGC'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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AGC Interest Expense Chart

AGC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-125.54

-81.82

-59.17

-68.91

-133.61

AGC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-25.71	-32.25	-34.42	-50.65	-30.55

AGC 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 quarterly data reported by the company within the most recent 12 months, which was $-148 Mil.

AGC (OTCPK:ASGLY) 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.

AGC's Interest Expense for the three months ended in Dec. 2023 was $-31 Mil. Its Operating Income for the three months ended in Dec. 2023 was $228 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $3,095 Mil.

AGC'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	*	228.036	/	-30.546
	=	7.47

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

AGC (ASGLY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » AGC Inc (OTCPK:ASGLY) » Definitions » Interest Expense

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Traded in Other Exchanges

ASGLF:USA 5201:Japan SHJ:Germany

Address

1-5-1, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-8405

Website

https://www.agc.com

AGC Inc produces and sells glass and glass-related products in two segments based on product type: Automotive glass and Float glass. The Automotive glass segment, which generates the majority of revenue, is the largest automotive glass supplier in India. The Float glass segment manufactures and sells glass products to the architectural, interior design, and construction industries. The segment also produces solar glass, which is used for solar power generation. Nearly all of the company's revenue comes from India.

AGC (ASGLY) Headlines

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AGC: The World's Largest Glass Manufacturer

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