The Interpublic Group of (The Interpublic Group of) Interest Expense : $-246 Mil (TTM As of Mar. 2024)

View and export this data going back to 1971. Start your Free Trial

What is The Interpublic Group of Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. The Interpublic Group of's interest expense for the three months ended in Mar. 2024 was $ -63 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-246 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. The Interpublic Group of's Operating Income for the three months ended in Mar. 2024 was $ 185 Mil. The Interpublic Group of's Interest Expense for the three months ended in Mar. 2024 was $ -63 Mil. The Interpublic Group of's Interest Coverage for the quarter that ended in Mar. 2024 was 2.94. 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.

The Interpublic Group of Interest Expense Historical Data

The historical data trend for The Interpublic Group of'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.

The Interpublic Group of Interest Expense Chart

The Interpublic Group of Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-199.30

-192.20

-170.60

-167.90

-225.60

The Interpublic Group of 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															-49.70	-63.20	-58.70	-61.40	-62.80

The Interpublic Group of 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 $-246 Mil.

The Interpublic Group of (NYSE:IPG) 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.

The Interpublic Group of's Interest Expense for the three months ended in Mar. 2024 was $-63 Mil. Its Operating Income for the three months ended in Mar. 2024 was $185 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $4,100 Mil.

The Interpublic Group of'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	*	184.8	/	-62.8
	=	2.94

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

The Interpublic Group of (The Interpublic Group of) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » The Interpublic Group of Companies Inc (NYSE:IPG) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

IPG:Germany IPG:Germany

Address

909 Third Avenue, New York, NY, USA, 10022

Website

https://www.interpublic.com

Interpublic Group is among the world's largest advertising holding companies based on annual revenue. It provides traditional advertising services along with digital and other services such as public relations through various acquisitions. IPG has made these services available in over 100 countries. The company generates more than 80% of its revenue from developed regions such as the United States and Europe.

Executives

Jorge L. Benitez	director	5201 BLUE LAGOON DRIVE, SUITE 250, MIAMI FL 33126
Dawn E Hudson	director	2530 ZANKER ROAD, SAN JOSE CA 95131
Jocelyn Carter-miller	director	3698 NW 15TH STREET, LAUDERHILL FL 33311
Christopher F Carroll	officer: SVP, Controller & CAO	3 TIMES SQUARE, 12TH FL., NEW YORK NY 10036
Andrew Bonzani	officer: SVP, General Counsel & Sec.	1114 AVENUE OF THE AMERICAS, 19TH FLOOR, NEW YORK NY 10036
Ellen Tobi Johnson	officer: SVP of Finance & Treasurer	C/O IPG, 1114 AVE OF THE AMERICAS, NEW YORK NY 10036
Mary Guilfoile	director	227 WASHINGTON STREET STE.200, CONSHOHOCKEN PA 19428
Michael Isor Roth	director	THE INTERPUBLIC GROUP OF COMPANIES, INC., 1114 AVENUE OF THE AMERICAS, 19TH FLOOR, NEW YORK NY 10036
Philippe Krakowsky	officer: SVP, Dir of Corporate Comms
H John Greeniaus	director
Linda S Sanford	director	4 IRVING PLACE, NEW YORK NY 10003
Julie Connors	officer: SVP,Audit & Chief Risk Officer	C/O IPG, 1114 AVE OF THE AMERICAS, 19TH FLOOR, NEW YORK NY 10036
David M Thomas	director	930 CLAPBOARD RIDGE ROAD, GREENWICH CT 06830
Frank Mergenthaler	officer: Exec. VP & CFO	1114 AVENUE OF THE AMERICAS, 19TH FLOOR, NEW YORK NY 10036
Patrick Q Moore	director	625 ELMWOOD DRIVE NE, ATLANTA GA 30306