Fiserv (Fiserv) Interest Expense : $-1,060 Mil (TTM As of Mar. 2024)

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What is Fiserv Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Fiserv's interest expense for the three months ended in Mar. 2024 was $ -271 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-1,060 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. Fiserv's Operating Income for the three months ended in Mar. 2024 was $ 1,181 Mil. Fiserv's Interest Expense for the three months ended in Mar. 2024 was $ -271 Mil. Fiserv's Interest Coverage for the quarter that ended in Mar. 2024 was 4.36. 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.

Fiserv Interest Expense Historical Data

The historical data trend for Fiserv'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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Fiserv Interest Expense Chart

Fiserv Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-507.00

-716.00

-696.00

-746.00

-1,004.00

Fiserv 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															-210.00	-232.00	-268.00	-289.00	-271.00

Fiserv 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 $-1,060 Mil.

Fiserv (NYSE:FI) 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.

Fiserv's Interest Expense for the three months ended in Mar. 2024 was $-271 Mil. Its Operating Income for the three months ended in Mar. 2024 was $1,181 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $23,754 Mil.

Fiserv'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	*	1181	/	-271
	=	4.36

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

Fiserv (Fiserv) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fiserv Inc (NYSE:FI) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

FISV:Mexico FIV:Germany FIV:Germany FIV:Germany F1IS34:Brazil FISV:Austria

Address

255 Fiserv Drive, Brookfield, WI, USA, 53045

Website

https://www.fiserv.com

Fiserv is a leading provider of core processing and complementary services, such as electronic funds transfer, payment processing, and loan processing, for U.S. banks and credit unions, with a focus on small and midsize banks. Through the merger with First Data in 2019, Fiserv also provides payment processing services for merchants. About 10% of the company's revenue is generated internationally.

Executives

Suzan Kereere	officer: EVP, Head of GBS	255 FISERV DRIVE, BROOKFIELD WI 53045
Robert W. Hau	officer: Chief Financial Officer	255 FISERV DRIVE, BROOKFIELD WI 53045
Christopher M Foskett	officer: EVP, Global Sales	C/O VERISK ANALYTICS, INC., 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310-1686
Guy Chiarello	officer: Chief Administrative Officer	225 LIBERTY STREET, 29TH FLOOR, NEW YORK NY 10281
Kenneth Best	officer: Chief Accounting Officer	255 FISERV DRIVE, BROOKFIELD WI 53045
Charlotte Yarkoni	director	255 FISERV DRIVE, BROOKFIELD WI 53045
Valueact Capital Master Fund, L.p.	director, other: See Remarks	ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Harry Disimone	director	18 HICKORY DRIVE, OLD BROOKVILLE NY 11545
Valueact Capital Management, Llc	director, other: See Remarks	ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Valueact Holdings Ii, L.p.	director, other: See Remarks	ONE LETTERMAN DRIVE, BUILDING D, FOURTH FLOOR, SAN FRANCISCO CA 94129
Valueact Capital Management, L.p.	director, other: See Remarks	ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Va Partners I, Llc	director, other: See Remarks	ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Valueact Holdings Gp, Llc	director, other: See Remarks	ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Valueact Holdings, L.p.	director, other: See Remarks	ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Dylan G. Haggart	director	ONE LETTERMAN DRIVE, BUILDING D, FOURTH FLOOR, SAN FRANCISCO CA 94129