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Maxim Integrated Products (Maxim Integrated Products) Interest Expense : $-31 Mil (TTM As of Jun. 2021)


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What is Maxim Integrated Products Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Maxim Integrated Products's interest expense for the three months ended in Jun. 2021 was $ -21 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2021 was $-31 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. Maxim Integrated Products's Operating Income for the three months ended in Jun. 2021 was $ 284 Mil. Maxim Integrated Products's Interest Expense for the three months ended in Jun. 2021 was $ -21 Mil. Maxim Integrated Products's Interest Coverage for the quarter that ended in Jun. 2021 was 13.77. 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.


Maxim Integrated Products Interest Expense Historical Data

The historical data trend for Maxim Integrated Products'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.

Maxim Integrated Products Interest Expense Chart

Maxim Integrated Products Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -34.27 -50.22 -43.54 -35.80 -35.74

Maxim Integrated Products Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.77 -7.04 -3.20 - -20.65

Maxim Integrated Products 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 Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-31 Mil.

* 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.


Maxim Integrated Products  (NAS:MXIM) Interest Expense Explanation

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 higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Maxim Integrated Products's Interest Expense for the three months ended in Jun. 2021 was $-21 Mil. Its Operating Income for the three months ended in Jun. 2021 was $284 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2021 was $995 Mil.

Maxim Integrated Products's Interest Coverage for the quarter that ended in Jun. 2021 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2021 )/Interest Expense (Q: Jun. 2021 )
=-1*284.476/-20.654
=13.77

* 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.

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


Maxim Integrated Products (Maxim Integrated Products) Business Description

Traded in Other Exchanges
N/A
Address
160 Rio Robles, San Jose, CA, USA, 95134
Maxim Integrated makes high-performance analog and mixed-signal integrated circuits. The company offers a wide range of products serving a host of analog-intensive applications, including power management, audio conversion, and sensors. Maxim supplies its diverse product portfolio to a broad base of customers in the communications, computing, industrial, automotive, and consumer-related end markets.
Executives
Jon Imperato officer: SVP of Sales and Marketing 160 RIO ROBLES SAN JOSE CA 95134
Tunc Doluca director, officer: PRESIDENT, CEO & DIRECTOR
James R Bergman director 28202 CABOT RD. STE 200 LAGUNA NIGEL CA 92677
Bryan Preeshl officer: SENIOR VICE PRESIDENT 160 RIO ROBLES SAN JOSE CA 95134
Mary Ann Wright director 486 S. PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Robert Edward Grady director 555 CALIFORNIA STREET, SUITE 3450, SAN FRANCISCO CA 94104
Edwin Medlin officer: SVP, Chief Legal, Admin, Compl MAXIM INTEGRATED PRODUCTS INC 120 SAN GABRIEL DRIVE SUNNYVALE CA 94086
Brian C White officer: SENIOR VP and CFO C/O INTEGRATED DEVICE TECHNOLOGY, INC., 6024 SILVER CREEK VALLEY ROAD, SAN JOSE CA 95138
Vivek Jain officer: SENIOR VP 120 SAN GABRIEL DRIVE, SUNNYVALE CA 94086
Joseph R Bronson director 7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
David Loftus officer: Vice President C/O INTERSIL CORPORATION 1001 MURPHY RANCH ROAD MILPITAS CA 95035
Mercedes Johnson director MICRON TECHNOLOGY, INC, 8000 S FEDERAL WAY, MS 1-557, BOISE ID 83716
William P Sullivan director 5301 STEVENS CREEK BLVD, MS 1A-LC, SANTA CLARA CA 95051
William D Watkins director P O BOX 8, SAINT PETERS MO 63376
Tracy Accardi director 160 RIO ROBLES SAN JOSE CA 95134

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