Trimble (Trimble) Interest Expense

: $-161 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. Trimble's interest expense for the three months ended in Dec. 2023 was $ -48 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-161 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. Trimble's Operating Income for the three months ended in Dec. 2023 was $ 116 Mil. Trimble's Interest Expense for the three months ended in Dec. 2023 was $ -48 Mil. Trimble's Interest Coverage for the quarter that ended in Dec. 2023 was 2.44. 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.

Trimble Interest Expense Historical Data

The historical data trend for Trimble'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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Trimble Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-82.40

-77.60

-65.40

-71.10

-161.00

Trimble Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense																-24.20	-19.70	-46.70	-46.80	-47.80

Trimble 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 $-161 Mil.

Trimble (NAS:TRMB) 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.

Trimble's Interest Expense for the three months ended in Dec. 2023 was $-48 Mil. Its Operating Income for the three months ended in Dec. 2023 was $116 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $2,658 Mil.

Trimble'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	*	116.4	/	-47.8
	=	2.44

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

Trimble (Trimble) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Trimble Inc (NAS:TRMB) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

10368 Westmoor Dr, Westminister, CO, USA, 80021

Website

https://www.trimble.com

Trimble Inc provides location-based solutions that are used in global positioning system (GPS), laser, optical and inertial technologies. Its products portfolio includes 3D laser scanning, flow and application control systems, monitoring systems, water management, and navigation infrastructure. It also manufactures laser and optics-based products, and GPS products. The company serves various industries which include agriculture, architecture, civil engineering, survey and land administration, construction, geospatial among others. The company operates in four reportable segments namely, Buildings and Infrastructure, Geospatial, Resources and Utilities, and Transportation. It derives most of its revenues from the US and Europe with the rest coming from the Asia Pacific and other markets.

Executives

Robert G Painter	officer: CFO	C/O TRIMBLE INC., 935 STEWART DRIVE, SUNNYVALE CA 94085
Peter Large	officer: Senior Vice President	935 STEWART DRIVE, SUNNYVALE CA 94085
Darryl R Matthews	officer: SVP & Sector Head	C/O TRIMBLE INC., 935 STEWART DRIVE, SUNNYVALE CA 94085
Mark S Peek	director	3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Kaigham Gabriel	director	C/O TRIMBLE INC., 935 STEWART DR, SUNNYVALE CA 94085
Ronald Bisio	officer: Sr. Vice President	C/O TRIMBLE INC., 935 STEWARD DR., SUNNYVALE CA 94085
Jennifer Allison	officer: Corporate VP, General Counsel	10368 WESTMOOR DRIVE, WESTMINSTER CO 80021
James Calvin Dalton	director	2065 COURTHOUSE ROAD, STAFFORD VA 22554
Jennifer Lin	officer: Chief Platform Officer	935 STEWART DRIVE, SUNNYVALE CA 94085
James A Kirkland	officer: Vice President	C/O TRIMBLE INC., 935 STEWART DRIVE, SUNNYVALE CA 94085
James Joel Langley	officer: Sr. Vice President	935 STEWART DRIVE, SUNNYVALE CA 94085
Thomas W Sweet	director	ONE DELL WAY, ROUND ROCK TX 78682
Sandra Macquillan	director	P.O. BOX 619100, DALLAS TX 75261-9100
Bryn Fosburgh	officer: VP, Geomatics & Engineering	C/O TRIMBLE INC., 935 STEWART DRIVE, SUNNYVALE CA 94085
Steven W Berglund	officer: President & CEO	C/O TRIMBLE INC., 935 STEWART DRIVE, SUNNYVALE CA 94085