GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Boeing Co (BSP:BOEI34) » Definitions » Interest Expense

Boeing Co (BSP:BOEI34) Interest Expense : R$-11,696 Mil (TTM As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Boeing Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Boeing Co's interest expense for the three months ended in Mar. 2024 was R$ -2,834 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was R$-11,696 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. Boeing Co's Operating Income for the three months ended in Mar. 2024 was R$ -762 Mil. Boeing Co's Interest Expense for the three months ended in Mar. 2024 was R$ -2,834 Mil. Boeing Co 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.


Boeing Co Interest Expense Historical Data

The historical data trend for Boeing 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.

* Premium members only.

Boeing Co Interest Expense Chart

Boeing Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,963.45 -11,091.97 -15,347.40 -13,433.47 -12,048.61

Boeing 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3,380.38 -3,014.15 -2,908.89 -2,939.88 -2,833.51

Boeing 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 R$-11,696 Mil.

* 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.


Boeing Co  (BSP:BOEI34) Interest Expense Explanation

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 higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Boeing Co's Interest Expense for the three months ended in Mar. 2024 was R$-2,834 Mil. Its Operating Income for the three months ended in Mar. 2024 was R$-762 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was R$233,438 Mil.

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

Boeing Co did not have earnings to cover the interest expense.

* 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.

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


Boeing Co (BSP:BOEI34) Business Description

Address
929 Long Bridge Drive, Arlington, VA, USA, 22202
Boeing is a major aerospace and defense firm. It operates in four segments: commercial airplanes; defense, space, and security; Global services; and Boeing capital. Boeing's commercial airplanes segment competes with Airbus in the production of aircraft ranging from 130 seats upward. Boeing's defense, space, and security segment competes with Lockheed, Northrop, and several other firms to create military aircraft and weaponry. Global services provides aftermarket support to airlines.

Boeing Co (BSP:BOEI34) Headlines

No Headlines