Given this Angular component code, what will happen when the component is destroyed?

Given this Angular component code, what will happen when the component is destroyed?

export class SampleComponent implements OnDestroy {
  private timerId: any;
  constructor() {
    this.timerId = setInterval(() => console.log('tick'), 1000);
  }
  ngOnDestroy(): void {
    clearInterval(this.timerId);
    console.log('Timer cleared');
  }
}