The Mosaic Co (The Mosaic Co) Interest Expense

: $-189 Mil (TTM As of Dec. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. The Mosaic Co's interest expense for the three months ended in Dec. 2023 was $ -51 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-189 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 Mosaic Co's Operating Income for the three months ended in Dec. 2023 was $ 279 Mil. The Mosaic Co's Interest Expense for the three months ended in Dec. 2023 was $ -51 Mil. The Mosaic Co's Interest Coverage for the quarter that ended in Dec. 2023 was 5.44. 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 Mosaic Co Interest Expense Historical Data

The historical data trend for The Mosaic Co'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => -216.00 [6] => -214.10 [7] => -194.30 [8] => -168.80 [9] => -189.00 )

The Mosaic Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-216.00

-214.10

-194.30

-168.80

-189.00

The Mosaic Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense																-43.60	-50.20	-47.30	-40.30	-51.20

The Mosaic Co 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 $-189 Mil.

The Mosaic Co (NYSE:MOS) 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 Mosaic Co's Interest Expense for the three months ended in Dec. 2023 was $-51 Mil. Its Operating Income for the three months ended in Dec. 2023 was $279 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $3,400 Mil.

The Mosaic Co'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	*	278.5	/	-51.2
	=	5.44

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

The Mosaic Co (The Mosaic Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » The Mosaic Co (NYSE:MOS) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

MOS:Mexico 02M:Germany MOSC34:Brazil

Address

101 East Kennedy Boulevard, Suite 2500, Tampa, FL, USA, 33602

Website

https://www.mosaicco.com

Formed in 2004 by the combination of IMC Global and Cargill's fertilizer business, Mosaic is one of the largest phosphate and potash producers in the world. The company's assets include phosphate rock mines in Florida, Brazil, and Peru and potash mines in Saskatchewan, New Mexico, and Brazil. Mosaic also runs a large fertilizer distribution operation in Brazil through its Mosiac Fertilizantes business, which the company acquired from Vale in 2018.

Executives

Philip Eugene Bauer	officer: Sr. VP, Gen Counsel & Corp Sec	101 EAST KENNEDY BOULEVARD, SUITE 2500, TAMPA FL 33602
Teixeira Joao Roberto Goncalves	director	101 EAST KENNEDY BOULEVARD, SUITE 2500, TAMPA FL 33602
Russell A Flugel	officer: Principal Accounting Officer	C/O THE MOSAIC COMPANY, 101 EAST KENNEDY BLVD., SUITE 2500, TAMPA FL 33602
Denise C Johnson	director	C/O CATERPILLAR, INCORPORATED, 901 WEST WASHINGTON, CV41110, EAST PEORIA IL 61630
Gregory L Ebel	director
Precourt Walter F. Iii	officer: Senior VP - Potash Operations	C/O THE MOSAIC COMPANY, 101 EAST KENNEDY BLVD., SUITE 2500, TAMPA FL 33602
Ricard Corrine D.	officer: Senior VP - Human Resources	C/O THE MOSAIC COMPANY, 101 EAST KENNEDY BLVD., SUITE 2500, TAMPA FL 33602
Mark J. Isaacson	officer: VP, Gen. Counsel & Corp. Sec.	C/O THE MOSAIC COMPANY, 101 EAST KENNEDY BLVD., SUITE 2500, TAMPA FL 33602
James Calvin O'rourke	officer: EVP - Operations	C/O THE MOSAIC COMPANY, 101 EAST KENNEDY BLVD., SUITE 2500, TAMPA FL 33602
Yijun Wang	officer: SVP-Global Strategic Marketing	101 EAST KENNEDY BOULEVARD, SUITE 2500, TAMPA FL 33602
S.a. Vale	director	PRAIA DE BOTAFOGO, 186, RIO DE JANEIRO D5 22250-145
Gretchen H Watkins	director	C/O THE MOSAIC COMPANY, 101 EAST KENNEDY BOULEVARD, SUITE 2500, TAMPA FL 33602
Benjamin James Pratt	officer: SVP - Gov. & Public Affairs	101 EAST KENNEDY BOULEVARD, SUITE 2500, TAMPA FL 33602
Oscar Bernardes	director	39 OLD RIDGEBURY ROAD, DANBURY CT 06810-5113
Luciano Siani Pires	director	C/O THE MOSAIC COMPANY, 101 EAST KENNEDY BLVD., SUITE 2500, TAMPA FL 33602