Kardex Holding AG (Kardex Holding AG) Interest Expense : $-0.2 Mil (TTM As of Dec. 2023)

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What is Kardex Holding AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kardex Holding AG's interest expense for the six months ended in Dec. 2023 was $ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.2 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. Kardex Holding AG's Operating Income for the six months ended in Dec. 2023 was $ 50.9 Mil. Kardex Holding AG's Interest Expense for the six months ended in Dec. 2023 was $ 0.0 Mil. Kardex Holding AG has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Kardex Holding AG Interest Expense Historical Data

The historical data trend for Kardex Holding 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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Kardex Holding AG Interest Expense Chart

Kardex Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-3.11

-1.70

-0.64

-0.22

Kardex Holding AG Semi-Annual Data
	Jun14	Dec14	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															-	-2.43	-0.32	-0.22	-

Kardex Holding 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 $-0.2 Mil.

Kardex Holding AG (OTCPK:KRDXF) 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.

Kardex Holding AG's Interest Expense for the six months ended in Dec. 2023 was $0.0 Mil. Its Operating Income for the six months ended in Dec. 2023 was $50.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $0.0 Mil.

Kardex Holding AG's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Kardex Holding AG had no long-term debt ⁽¹⁾.

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

Good Sign:

Kardex Holding AG has no debt.

Kardex Holding AG (Kardex Holding AG) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kardex Holding AG (OTCPK:KRDXF) » Definitions » Interest Expense

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KARNz:UK KARN:Switzerland

Address

Thurgauerstrasse 40, Zurich, CHE, 8050

Website

https://www.kardex.com

Kardex Holding AG is engaged in providing automated storage solutions and materials handling systems. It operates in two divisions namely Kardex Remstar and Kardex Mlog. The Kardex Remstar division is active in the development, production, and maintenance of dynamic storage and retrieval systems, and the Kardex Mlog division develops and manufactures integrated materials handling systems and automated high-bay warehouses. It operates in various geographical regions which include Europe, the Americas, Asia/Pacific Middle East and Africa. The group generates the majority of its revenue from the Kardex Remstar segment.

Kardex Holding AG (Kardex Holding AG) Headlines

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