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Jabil (FRA:JBL) Interest Expense : €-154 Mil (TTM As of Feb. 2024)


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What is Jabil Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jabil's interest expense for the three months ended in Feb. 2024 was € -44 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was €-154 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. Jabil's Operating Income for the three months ended in Feb. 2024 was € 281 Mil. Jabil's Interest Expense for the three months ended in Feb. 2024 was € -44 Mil. Jabil's Interest Coverage for the quarter that ended in Feb. 2024 was 6.45. 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.


Jabil Interest Expense Historical Data

The historical data trend for Jabil'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.

Jabil Interest Expense Chart

Jabil Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -169.01 -147.03 -105.40 -144.10 -188.90

Jabil Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -51.37 -76.36 9.17 -43.43 -43.57

Jabil 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-154 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.


Jabil  (FRA:JBL) 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.

Jabil's Interest Expense for the three months ended in Feb. 2024 was €-44 Mil. Its Operating Income for the three months ended in Feb. 2024 was €281 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was €2,920 Mil.

Jabil's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Feb. 2024 )/Interest Expense (Q: Feb. 2024 )
=-1*280.881/-43.569
=6.45

* 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.


Jabil (FRA:JBL) Business Description

Traded in Other Exchanges
Address
10800 Roosevelt Boulevard North, Saint Petersburg, FL, USA, 33716
Jabil Inc is a United States-based company engaged in providing manufacturing services and solutions. It provides comprehensive electronics design, production and product management services to companies in various industries and end markets.The Company derives its revenue from providing comprehensive electronics design, production and product management services. It operates in two segments. The Electronics Manufacturing Services (EMS) segment, which is the key revenue driver, is focused on leveraging IT, supply chain design and engineering, technologies largely centered on core electronics. The Diversified Manufacturing Services (DMS) segment is focused on providing engineering solutions, with an emphasis on material sciences, technologies, and healthcare.

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