Tenneco (Tenneco) Interest Expense : $-301 Mil (TTM As of Sep. 2022)

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What is Tenneco Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tenneco's interest expense for the three months ended in Sep. 2022 was $ -90 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2022 was $-301 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. Tenneco's Operating Income for the three months ended in Sep. 2022 was $ 113 Mil. Tenneco's Interest Expense for the three months ended in Sep. 2022 was $ -90 Mil. Tenneco's Interest Coverage for the quarter that ended in Sep. 2022 was 1.26. 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.

Tenneco Interest Expense Historical Data

The historical data trend for Tenneco'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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Tenneco Interest Expense Chart

Tenneco Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Interest Expense

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-77.00

-148.00

-322.00

-277.00

-274.00

Tenneco Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Interest Expense	Get a 7-Day Free Trial															-66.00	-69.00	-66.00	-76.00	-90.00

Tenneco 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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-301 Mil.

Tenneco (NYSE:TEN) 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.

Tenneco's Interest Expense for the three months ended in Sep. 2022 was $-90 Mil. Its Operating Income for the three months ended in Sep. 2022 was $113 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2022 was $3,603 Mil.

Tenneco's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2022 )	/	Interest Expense (Q: Sep. 2022 )
	=	-1	*	113	/	-90
	=	1.26

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Tenneco Incs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Tenneco (Tenneco) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tenneco Inc (NYSE:TEN) » Definitions » Interest Expense

Comparable Companies

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Address

500 North Field Drive, Lake Forest, IL, USA, 60045

Website

https://www.tenneco.com

Tenneco's emissions-control products meet strict air-quality legislation, optimize engine performance, improve fuel economy, and acoustically tune engine sound to fit a vehicle's profile. Ride-control products enhance safety by enabling improved steering, braking, and acceleration as well as ride comfort. Champion, Fel-Pro, Moog, Monroe, and Walker are some of Tenneco's well-known aftermarket brands. In 2021, 40% of revenue came from North America, 36% from Europe, 18% from China, and 6% other regions.

Executives

Nathan P. Bowen	officer: Executive Vice President*	7450 N. MCCORMICK BLVD, SKOKIE IL 60076
Jane L Warner	director	C;/O WESTVACO CORP, ONE HIGH RIDGE PARK, STAMFORD CT 06905
James S Metcalf	director	USG CORP, 125 S FRANKLIN STREET DEPT 188, CHICAGO IL 60606
Dennis J Letham	director	C/O TENNECO INC, 500 FIELD DRIVE, LAKE FOREST IL 60045
Michelle Kumbier	director	3700 WEST JUNEAU AVENUE, MILWAUKEE WI 53208
John W. Wehrenberg	officer: Executive Vice President*	7450 N. MCCORMICK BLVD., SKOKIE IL 60076
Carl C Icahn	10 percent owner	C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
Sabatino Thomas J Jr	officer: Executive Vice President*	C/O JAN STERN REED BAXTER INTERNATIONAL, ONE BAXTER PARKWAY DF2 2W, DEERFIELD IL 60015
John S Stroup	director	1 N. BRENTWOOD BLVD., SUITE 1500, ST. LOUIS MO 63105
Matti Masanovich	officer: Executive Vice President*	COLLINS & AIKMAN CORPORATION, 250 STEPHENSON HIGHWAY, TROY MI 48083
Scott Usitalo	officer: Executive Vice President	7450 N. MCCORMICK BLVD., SKOKIE IL 60076
Thomas C Freyman	director	500 NORTH FIELD DRIVE, LAKE FOREST IL 60045
Kevin Baird	officer: Executive Vice President*	500 NORTH FIELD DRIVE, LAKE FOREST IL 60045
Aleksandra A Miziolek	director	C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Roy V Armes	director