VMware (VMware) Interest Expense : $-318 Mil (TTM As of Jul. 2023)

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What is VMware Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. VMware's interest expense for the three months ended in Jul. 2023 was $ -79 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jul. 2023 was $-318 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. VMware's Operating Income for the three months ended in Jul. 2023 was $ 547 Mil. VMware's Interest Expense for the three months ended in Jul. 2023 was $ -79 Mil. VMware's Interest Coverage for the quarter that ended in Jul. 2023 was 6.92. 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.

VMware Interest Expense Historical Data

The historical data trend for VMware'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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VMware Interest Expense Chart

VMware Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Interest Expense

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-134.00

-149.00

-204.00

-252.00

-304.00

VMware Quarterly Data
	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23
Interest Expense	Get a 7-Day Free Trial															-74.00	-77.00	-82.00	-80.00	-79.00

VMware 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 Jul. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-318 Mil.

VMware (NYSE:VMW) 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.

VMware's Interest Expense for the three months ended in Jul. 2023 was $-79 Mil. Its Operating Income for the three months ended in Jul. 2023 was $547 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jul. 2023 was $10,234 Mil.

VMware's Interest Coverage for the quarter that ended in Jul. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jul. 2023 )	/	Interest Expense (Q: Jul. 2023 )
	=	-1	*	547	/	-79
	=	6.92

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

VMware (VMware) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » VMware Inc (NYSE:VMW) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

3401 Hillview Avenue, Palo Alto, CA, USA, 94304

Website

https://www.vmware.com

VMware is an industry titan in virtualizing IT infrastructure and became a stand-alone entity after spinning off from Dell Technologies in November 2021. The software provider operates in three segments: licenses; subscriptions and software as a service; and services. VMware's solutions are used across IT infrastructure, application development, and cybersecurity teams, and the company takes a neutral approach to being the cohesion between cloud environments. The Palo Alto, California, firm operates and sells on a global scale, with about half its revenue from the United States, through direct sales, distributors, and partnerships.

Executives

Jean Pierre Brulard	officer: EVP, Worldwide Sales	3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Zane Rowe	officer: Chief Financial Officer & EVP	1600 SMITH STREET, HQSEO, HOUSTON TX 77002
Sumit Dhawan	officer: President	3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Amy Fliegelman Olli	officer: Sr. VP and General Counsel	C/O VMWARE, INC., 3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Pebbie L Verdecanna	officer: Interim CAO	3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Nicole Anasenes	director	2600 ANSYS DRIVE, CANONSBURG PA 15317
Slta Spv-2 (gp), L.l.c.	director, 10 percent owner	C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Slta Spv-2, L.p.	director, 10 percent owner	C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Silver Lake Technology Investors V, L.p.	director, 10 percent owner	C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Slta V (gp), L.l.c.	director, 10 percent owner	C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Silver Lake Technology Associates V, L.p.	director, 10 percent owner	C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Silver Lake Partners V De (aiv), L.p.	director, 10 percent owner	C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Sl Spv-2, L.p.	director, 10 percent owner	C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Dell Inc	10 percent owner	ONE DELL WAY, ROUND ROCK TX 78682
Rangarajan (raghu) Raghuram	officer: EVP, Cloud Infrastructure	3401 HILLVIEW AVENUE, PALO ALTO CA 94304