Nilfisk Holding A/S (OCSE:NLFSK) Interest Expense : kr-105 Mil (TTM As of Mar. 2024)

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What is Nilfisk Holding A/S Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nilfisk Holding A/S's interest expense for the three months ended in Mar. 2024 was kr -37 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-105 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. Nilfisk Holding A/S's Operating Income for the three months ended in Mar. 2024 was kr 141 Mil. Nilfisk Holding A/S's Interest Expense for the three months ended in Mar. 2024 was kr -37 Mil. Nilfisk Holding A/S's Interest Coverage for the quarter that ended in Mar. 2024 was 3.86. 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.

Nilfisk Holding A/S Interest Expense Historical Data

The historical data trend for Nilfisk Holding A/S'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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Nilfisk Holding A/S Interest Expense Chart

Nilfisk Holding A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-79.93

-92.25

-67.67

-59.52

-108.08

Nilfisk Holding A/S 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															-39.45	-44.67	-52.20	28.32	-36.54

Nilfisk Holding A/S 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 kr-105 Mil.

Nilfisk Holding A/S (OCSE:NLFSK) 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.

Nilfisk Holding A/S's Interest Expense for the three months ended in Mar. 2024 was kr-37 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr141 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr1,971 Mil.

Nilfisk Holding A/S'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	*	140.924	/	-36.536
	=	3.86

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

Nilfisk Holding A/S (OCSE:NLFSK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nilfisk Holding A/S (OCSE:NLFSK) » Definitions » Interest Expense

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0RUZ:UK NF1:Germany

Address

Kornmarksvej 1, Brondby, DNK, DK-2605

Website

https://www.nilfisk.com

Nilfisk Holding A/S through its subsidiaries manufactures and produces cleaning equipment. The product offered by the group includes floor-cleaning machines, high-pressure cleaners, industrial vacuum cleaners, and outdoor cleaning equipment. In addition, the firm also provides after-sales service for the professional cleaning industry. The operating segments of the organization are Europe, Americas, APAC, Consumer, Private Label and other. Geographically the activities are carried out throughout the region of Denmark.

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