What is ATI Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ATI's interest expense for the
three
months ended in Dec. 2023 was $ -41 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-106 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. ATI's Operating Income for the
three
months ended in Dec. 2023 was $ 113 Mil. ATI's Interest Expense for the
three
months ended in Dec. 2023 was $ -41 Mil.
ATI's Interest Coverage for the quarter that ended in Dec. 2023 was 2.78.
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.
ATI 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 $-106 Mil.
* 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.
ATI (NYSE:ATI) Interest Expense Explanation
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. The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
ATI's Interest Expense for the
three
months ended in Dec. 2023 was $-41 Mil. Its
Operating Income
for the
three
months ended in Dec. 2023 was $113 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Dec. 2023 was $2,148 Mil.
ATI's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as
* 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.
The higher the ratio, the stronger the company's financial strength is.
ATI (ATI) Business Description
Traded in Other Exchanges
Address
2021 McKinney Avenue, Dallas, TX, USA, 75201
ATI Inc supplies specialty metals to various end markets, including aerospace and defense, oil and gas, automotive, and electrical energy, among many others. The company's operating segment includes High-Performance Materials and Components and Advanced Alloys and Solutions. The majority of revenue is from the Advanced Alloys and Solutions segment. The AA&S segment is focused on delivering high-value flat products, Other important end markets for AA&S include automotive & electronics. AA&S produces nickel-based alloys, titanium & titanium-based alloys, & specialty alloys in a variety of forms including plate, sheet, and strip products. Geographically, it operates in the United States, China, the United Kingdom, Germany, France, Canada and Others, the majority is from the United States.
Executives
| Elliot S Davis |
officer: Sr VP, GC, CCO and Secretary |
1000 SIX PPG PLACE, PITTSBURGH PA 15222-5479 |
| James C Diggs |
director |
1000 SIX PPG PL, PITTSBURGH PA 15222 |
| Timothy J Harris |
officer: Senior VP and CDIO |
C/O ALLEGHENY TECHNOLOGIES INCORPORATED, PITTSBURGH PA 15222 |
| Ruby Sharma |
director |
24 ARNOLD DRIVE, PRINCETON JCT. NJ 08550 |
| Jimmy Jr. Williams |
officer: SVP, CTO |
C/O ATI INC., 2021 MCKINNEY AVE., SUITE 1100, DALLAS TX 75201 |
| Robert S Wetherbee |
officer: EVP, ATI Flat-Rolled Products |
MINERALS TECHNOLOGIES INC, 622 THIRD AVENUE 38TH FL, NEW YORK NY 10017 |
| Tina Killough Busch |
officer: SVP, CHRO |
C/O ATI INC., 2021 MCKINNEY AVENUE, SUITE 1100, DALLAS TX 75201 |
| Karl D Schwartz |
officer: Controller & Princ. Acctg Off. |
1000 SIX PPG PLACE, PITTSBURGH PA 15222-5479 |
| Kevin B Kramer |
officer: Sr. VP, CCMO |
C/O STONERIGDGE INC., 9400 E. MARKET ST, WARREN OH 44484 |
| Donald P Newman |
officer: SVP and CFO |
224 S 108TH AVENUE, OMAHA NE 68154 |
| Marianne Kah |
director |
C/O ALLEGHENY TECHNOLOGIES INCORPORATED, 1000 SIX PPG PLACE, PITTSBURGH PA 15222 |
| Elizabeth C Powers |
officer: Senior VP, CHRO |
C/O DRESSER-RAND GROUP INC., PAUL CLARK DRIVE, OLEAN NY 14760 |
| M Leroy Ball |
director |
436 SEVENTH AVENUE, PITTSBURGH PA 15219 |
| David P Hess |
director |
390 PARK AVENUE, NEW YORK NY 10022 |
| Kimberly A Fields |
officer: EVP, Flat Rolled Products |
C/O ALLEGHENY TECHNOLOGIES INCORPORATED, 1000 SIX PPG PLACE, PITTSBURGH PA 15217 |
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