The Western Union Co (The Western Union Co) Interest Expense : $-106 Mil (TTM As of Mar. 2024)

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What is The Western Union Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. The Western Union Co's interest expense for the three months ended in Mar. 2024 was $ -26 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-106 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. The Western Union Co's Operating Income for the three months ended in Mar. 2024 was $ 192 Mil. The Western Union Co's Interest Expense for the three months ended in Mar. 2024 was $ -26 Mil. The Western Union Co's Interest Coverage for the quarter that ended in Mar. 2024 was 7.36. 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.

The Western Union Co Interest Expense Historical Data

The historical data trend for The Western Union Co'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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The Western Union Co Interest Expense Chart

The Western Union Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-152.00

-118.50

-105.50

-101.00

-105.30

The Western Union Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-25.00	-27.00	-27.00	-26.30	-26.10

The Western Union Co 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-106 Mil.

The Western Union Co (NYSE:WU) 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.

The Western Union Co's Interest Expense for the three months ended in Mar. 2024 was $-26 Mil. Its Operating Income for the three months ended in Mar. 2024 was $192 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $2,140 Mil.

The Western Union Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	192.1	/	-26.1
	=	7.36

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

The Western Union Co (The Western Union Co) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

W3U:Germany W3U:Germany WUNI34:Brazil

Address

7001 East Belleview Avenue, Denver, CO, USA, 80237

Website

https://www.westernunion.com

Western Union provides domestic and international money transfers through its global network of about 600,000 outside agents. The company handled over 270 million transactions in 2022 and is the largest money transfer company in the world.

Executives

Estebarena Rodrigo Garcia	officer: President of North America	7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Suzette Deering	director	7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Jeffrey A Joerres	director	5301 NORTH IRONWOOD ROAD, MILWAUKEE WI 53217
Giovanni Angelini	officer: Head of Europe and Africa	7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Matthew Cagwin	officer: Interim Chief Financ. Officer	C/O FIRST DATA CORPORATION, FIRST DATA, 225 LIBERTY STREET, NEW YORK NY 10281
Cherie Axelrod	officer: Chief Enterprise Risk Officer	7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Benjamin Carlton Adams	officer: Chief Legal Officer & Corp Sec	7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
David Cebollero	officer: Interim Chief Legal Officer	7001 E. BELLEVIEW AVENUE, DENVER CO 80237
Andrew D Walker	officer: Chief Operations Officer	7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Jean Claude Farah	officer: EVP, President-Global Payments	7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Devin Mcgranahan	director, officer: CEO & President	255 FISERV DRIVE, BROOKFIELD WI 53045
Gabriella Fitzgerald	officer: President Americas Region	7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Andrew Summerill	officer: President, Payments (Interim)	7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Caroline Tsai	officer: EVP, Secretary & Gen. Counsel	7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Jacqueline D Molnar	officer: Glbl Hd-Transformation & Compl	7001 EAST BELLEVIEW AVENUE, DENVER CO 80237