Vossloh AG (Vossloh AG) Interest Expense : $-21 Mil (TTM As of Mar. 2024)

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What is Vossloh AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vossloh AG's interest expense for the three months ended in Mar. 2024 was $ -5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-21 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. Vossloh AG's Operating Income for the three months ended in Mar. 2024 was $ 18 Mil. Vossloh AG's Interest Expense for the three months ended in Mar. 2024 was $ -5 Mil. Vossloh AG's Interest Coverage for the quarter that ended in Mar. 2024 was 3.32. 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.

Vossloh AG Interest Expense Historical Data

The historical data trend for Vossloh 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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Vossloh AG Interest Expense Chart

Vossloh AG Annual Data

Trend

Dec14

Dec15

Dec16

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Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-22.44

-26.03

-13.45

-18.54

-21.70

Vossloh 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															-5.89	-5.85	-4.27	-5.45	-5.44

Vossloh 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 $-21 Mil.

Vossloh AG (OTCPK:VOSSF) 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.

Vossloh AG's Interest Expense for the three months ended in Mar. 2024 was $-5 Mil. Its Operating Income for the three months ended in Mar. 2024 was $18 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0 Mil.

Vossloh 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	*	18.043	/	-5.435
	=	3.32

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

Vossloh AG (Vossloh AG) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Vossloh AG (OTCPK:VOSSF) » Definitions » Interest Expense

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0N2Z:UK VOS:Germany

Address

Vosslohstrasse 4, PO Box 1860, Werdohl, NW, DEU, 58791

Website

https://www.vossloh.com

Vossloh AG is a rail infrastructure manufacturer domiciled in Germany. The company organizes itself into three segments: customized modules (switch systems), core components, and life cycle solutions (rail solutions). The customized modules segment, which generates the majority of revenue, manufactures, installs, and maintains switch systems and monitoring equipment for rail networks. The core components segment, the next most significant segment, provides rail fastening systems and manufactures concrete railway ties. The life cycle solutions segment maintains, tracks, switches, and recycles old rails. The company derives the majority of revenue in Europe, with significant operations in Asia and the Americas.

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