ADT (ADT) Interest Expense : $-573 Mil (TTM As of Dec. 2023)

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What is ADT Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ADT's interest expense for the three months ended in Dec. 2023 was $ -170 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-573 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. ADT's Operating Income for the three months ended in Dec. 2023 was $ 283 Mil. ADT's Interest Expense for the three months ended in Dec. 2023 was $ -170 Mil. ADT's Interest Coverage for the quarter that ended in Dec. 2023 was 1.67. 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.

ADT Interest Expense Historical Data

The historical data trend for ADT'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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ADT Interest Expense Chart

ADT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-619.57

-708.19

-456.83

-264.27

-572.15

ADT Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-146.93	-171.63	-84.28	-147.19	-169.77

ADT 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 quarterly data reported by the company within the most recent 12 months, which was $-573 Mil.

ADT (NYSE:ADT) 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.

ADT's Interest Expense for the three months ended in Dec. 2023 was $-170 Mil. Its Operating Income for the three months ended in Dec. 2023 was $283 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $7,523 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	282.817	/	-169.769
	=	1.67

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. ADT Inc interest coverage is 1.97, which is low.

ADT (ADT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » ADT Inc (NYSE:ADT) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

541:Germany

Address

1501 Yamato Road, Boca Raton, FL, USA, 33431

Website

https://www.adt.com

ADT Inc is a provider of monitored security, interactive home and business automation, and related monitoring services in the United States and Canada. It offers residential, commercial, and multi-site customers a comprehensive set of burglary, video, access control, fire and smoke alarm, and medical alert solutions. The company segments include Consumer and Small Business (CSB), Commercial, and Solar. It generates maximum revenue from the Commercial segment.

Executives

David A. Scott	officer: EVP, Chief People & Admin. Off	9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Marques Coleman	director	1501 YAMATO ROAD, BOCA RATON FL 33431
Nicole Bonsignore	director	1501 YAMATO ROAD, BOCA RATON FL 33431
Wayne Thorsen	officer: EVP, Chief Business Officer	3892 RONDA ROAD, PEBBLE BEACH CA 93953
Delu Jackson	officer: EVP, Chief Marketing Officer	650 TENNIS CLUB DRIVE, APT. L107, FORT LAUDERDALE FL 33311
Jamie Elizabeth Haenggi	officer: SVP, Chief Sales & Mktg. Off.	1501 YAMATO ROAD, BOCA RATON FL 33431
Kenneth Porpora	officer: SVP, Chief Growth Officer	1501 YAMATO ROAD, BOCA RATON FL 33431
James David Devries	officer: President	ALLSTATE INSURANCE COMPANY, 2775 SANDERS ROAD, NORTHBROOK IL 60062
Donald M. Young	officer: SVP & Chief Info Off.	1501 YAMATO ROAD, BOCA RATON FL 33431
David W Smail	officer: EVP, CLO and Secretary	1501 YAMATO ROAD, BOCA RATON FL 33431
Daniel Bresingham	officer: EVP, Chief Admin. Off. & Treas	1501 YAMATO ROAD, BOCA RATON FL 33431
State Farm Mutual Automobile Insurance Co	10 percent owner	ONE STATE FARM PLAZA, BLOOMINGTON IL 61710
Paul Joseph Smith	director	ONE STATE FARM PLAZA E-12, BLOOMINGTON IL 61710-0001
Lewis William M Jr	director	9 WEST 57TH STREET, NEW YORK NY 10019
Benjamin Honig	director	1501 YAMATO ROAD, BOCA RATON FL 33431