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AlzChem Group AG (AlzChem Group AG) Interest Expense : $-7.8 Mil (TTM As of Mar. 2024)


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What is AlzChem Group AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AlzChem Group AG's interest expense for the three months ended in Mar. 2024 was $ -1.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-7.8 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. AlzChem Group AG's Operating Income for the three months ended in Mar. 2024 was $ 20.0 Mil. AlzChem Group AG's Interest Expense for the three months ended in Mar. 2024 was $ -1.6 Mil. AlzChem Group AG's Interest Coverage for the quarter that ended in Mar. 2024 was 12.64. 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.

AlzChem Group AG Interest Expense Historical Data

The historical data trend for AlzChem 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.

* Premium members only.

AlzChem Group AG Interest Expense Chart

AlzChem Group AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.95 -4.67 -1.92 -3.21 -8.36

AlzChem Group AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.02 -1.80 -1.69 -2.76 -1.58

AlzChem 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 quarterly data reported by the company within the most recent 12 months, which was $-7.8 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.

AlzChem Group AG  (OTCPK:ALZCF) 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.

AlzChem Group AG's Interest Expense for the three months ended in Mar. 2024 was $-1.6 Mil. Its Operating Income for the three months ended in Mar. 2024 was $20.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.0 Mil.

AlzChem 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*19.973/-1.58
=12.64

* 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.

AlzChem Group AG (AlzChem Group AG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » AlzChem Group AG (OTCPK:ALZCF) » Definitions » Interest Expense
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XTER:UZU XTER:NTG XTER:MZX XTER:BNN FRA:3330 XTER:VBK XTER:LXS LIN XPAR:AI SHW ECL APD XSWX:SIKA ISX:TPIA XSWX:GIVN SHSE:600309 DD BOM:500820 LYB PPG
Traded in Other Exchanges
ACT:Germany
Address
Dr.-Albert-Frank-Street 32, Trostberg, DEU, 83308
Website
https://www.alzchem.com
AlzChem Group AG is an international chemical company. Its reportable segments are Specialty Chemicals, Basics and Intermediates, and Other Holdings. The specialty chemicals segment focuses on the production and distribution of high-quality growth products, and the basics and intermediates segment covers the production of basic and intermediate products. It generates a majority of its revenue from the Specialty Chemical segment. Geographically it serves Europe, Asia, and the Rest of the world whilst deriving substantial revenue from Germany.

AlzChem Group AG (AlzChem Group AG) Headlines

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