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Qualcomm Inc (NAS:QCOM)
Interest Expense
$-34 Mil (TTM As of Jun. 2015)

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Qualcomm Inc's interest expense for the three months ended in Jun. 2015 was $-32 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2015 was $-34 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. Qualcomm Inc's Operating Income for the three months ended in Jun. 2015 was $1,235 Mil. Qualcomm Inc's Interest Expense for the three months ended in Jun. 2015 was $-32 Mil. Qualcomm Inc's interest coverage for the quarter that ended in Jun. 2015 was 38.59. The higher the ratio, the stronger the company’s financial strength is.


Definition

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Qualcomm Inc Interest Expense for the trailing twelve months (TTM) ended in Jun. 2015 was 0 (Sep. 2014 ) + -1 (Dec. 2014 ) + -1 (Mar. 2015 ) + -32 (Jun. 2015 ) = $-34 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


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.

Qualcomm Inc's interest expense for the three months ended in Jun. 2015 was $-32 Mil. Its operating income for the three months ended in Jun. 2015 was $1,235 Mil. And its Long-Term Debt for the three months ended in Jun. 2015 was $9,913 Mil.

Qualcomm Inc's Interest Coverage for the quarter that ended in Jun. 2015 is calculated as

Interest Coverage=-1*Operating Income (Q: Jun. 2015 )/Interest Expense (Q: Jun. 2015 )
=-1*1235/-32
=38.59

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

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


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Qualcomm Inc Annual Data

Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14
Interest Expense -3-4-11-22-24-43-114-9000

Qualcomm Inc Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
Interest Expense -7-70-3-300-1-1-32
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