Western Digital (Western Digital) Interest Expense : $-375 Mil (TTM As of Dec. 2023)

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What is Western Digital Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Western Digital's interest expense for the three months ended in Dec. 2023 was $ -108 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-375 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. Western Digital's Operating Income for the three months ended in Dec. 2023 was $ -150 Mil. Western Digital's Interest Expense for the three months ended in Dec. 2023 was $ -108 Mil. Western Digital did not have earnings to cover the interest expense. 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.

Western Digital Interest Expense Historical Data

The historical data trend for Western Digital'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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Western Digital Interest Expense Chart

Western Digital Annual Data

Trend

Jun14

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Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-469.00

-413.00

-326.00

-304.00

-312.00

Western Digital Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-73.00	-80.00	-89.00	-98.00	-108.00

Western Digital 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 $-375 Mil.

Western Digital (NAS:WDC) 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.

Western Digital's Interest Expense for the three months ended in Dec. 2023 was $-108 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-150 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $7,351 Mil.

Western Digital's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Western Digital did not have earnings to cover the interest expense.

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

Western Digital (Western Digital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Western Digital Corp (NAS:WDC) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

WDC:Mexico 1WDC:Italy WDC:Germany WDC:Germany WDC:Germany WDC:Austria

Address

5601 Great Oaks Parkway, San Jose, CA, USA, 95119

Website

https://www.wdc.com

Western Digital is a leading vertically integrated supplier of data storage solutions, spanning both hard disk drives and solid-state drives. In the HDD market it forms a practical duopoly with Seagate, and it is the largest global producer of NAND flash chips for SSDs in a joint venture with competitor Kioxia.

Executives

Robert Soderbery	officer: EVP & GM, Flash Business	C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Gene M. Zamiska	officer: Principal Accounting Officer	C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Reed B Rayman	director	6775 LENOX CENTER COURT, SUITE 400, MEMPHIS TN 38115
David Goeckeler	director, officer: Chief Executive Officer	C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Wissam G Jabre	officer: EVP & CFO	C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Paula A Price	director	ONE CVS DRIVE, WOONSOCKET RI 02895
Miyuki Suzuki	director	C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Thomas Caulfield	director	C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Lori S Sundberg	officer: EVP & Chief Human Res Officer	400 NORTH FIFTH STREET, PHOENIX AZ 85004
Michael Charles Ray	officer: Sr. VP, Gen Cnsl & Secretary	C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Sean Hunkler	officer: EVP, Global Operations	C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Michael D Cordano	officer: President, HGST Subsidiary	C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Stephen D Milligan	officer: Sr. V.P. & CFO	C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Matthew E Massengill	director, officer: Chairman and CEO	C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Robert K Eulau	officer: EVP & CFO	5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119