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Valmont Industries (STU:VI1) Interest Expense : €-55 Mil (TTM As of Mar. 2024)


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What is Valmont Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Valmont Industries's interest expense for the three months ended in Mar. 2024 was € -15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-55 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. Valmont Industries's Operating Income for the three months ended in Mar. 2024 was € 121 Mil. Valmont Industries's Interest Expense for the three months ended in Mar. 2024 was € -15 Mil. Valmont Industries's Interest Coverage for the quarter that ended in Mar. 2024 was 8.11. 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.

Valmont Industries Interest Expense Historical Data

The historical data trend for Valmont Industries'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.

Valmont Industries Interest Expense Chart

Valmont Industries 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 -36.14 -33.76 -37.71 -44.87 -52.09

Valmont Industries 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 -12.24 -13.77 -12.62 -14.04 -14.92

Valmont Industries 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 €-55 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.

Valmont Industries  (STU:VI1) 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.

Valmont Industries's Interest Expense for the three months ended in Mar. 2024 was €-15 Mil. Its Operating Income for the three months ended in Mar. 2024 was €121 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €1,164 Mil.

Valmont Industries'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*121.029/-14.923
=8.11

* 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.

Valmont Industries (STU:VI1) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Valmont Industries Inc (STU:VI1) » Definitions » Interest Expense
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Traded in Other Exchanges
VMI:USA VI1:Germany
Address
15000 Valmont Plaza, Omaha, NE, USA, 68154-5215
Website
https://www.valmont.com
Valmont began in 1946 when founder, Robert B. Daugherty, combined his $5,000 savings with a wholehearted belief that business could and should be done better. From those modest beginnings, the company grew into a global leader, designing and manufacturing highly engineered products and services that support infrastructure development and agricultural productivity. Two primary business segments comprise Valmont: Agriculture and Infrastructure. Valmont have 85 manufacturing facilities in 22 countries, and do business in more than 100 countries across six continents.

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