Stellantis NV (MIL:STLAM) Interest Expense : €-1,330 Mil (TTM As of Dec. 2023)

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What is Stellantis NV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Stellantis NV's interest expense for the six months ended in Dec. 2023 was € -676 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-1,330 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. Stellantis NV's Operating Income for the six months ended in Dec. 2023 was € 9,206 Mil. Stellantis NV's Interest Expense for the six months ended in Dec. 2023 was € -676 Mil. Stellantis NV's Interest Coverage for the quarter that ended in Dec. 2023 was 13.62. 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.

Stellantis NV Interest Expense Historical Data

The historical data trend for Stellantis NV'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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Stellantis NV Interest Expense Chart

Stellantis NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-107.00

-191.00

-770.00

-1,185.00

-1,330.00

Stellantis NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-491.00	-453.00	-732.00	-654.00	-676.00

Stellantis NV 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 semi-annually data reported by the company within the most recent 12 months, which was €-1,330 Mil.

Stellantis NV (MIL:STLAM) 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.

Stellantis NV's Interest Expense for the six months ended in Dec. 2023 was €-676 Mil. Its Operating Income for the six months ended in Dec. 2023 was €9,206 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €20,001 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	9206	/	-676
	=	13.62

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

Stellantis NV (MIL:STLAM) Business Description

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Traded in Other Exchanges

STLA:USA STLAMm:UK 0QXR:UK STLAP:France 8TI:Germany FCAU:Austria

Address

Taurusavenue 1, Hoofddorp, NH, NLD, 2132 LS

Website

https://www.stellantis.com

Stellantis NV was formed on Jan. 16, 2021, from the merger of Fiat Chrysler Automobiles and PSA Group. The combination of the two companies created the world's fifth-largest automaker, with 14 automobile brands. In 2022, pro forma Stellantis had sales volume of 6.0 million vehicles and EUR 179.6 billion in revenue, albeit affected by the microchip shortage. Europe is Stellantis' largest market, accounting for 44% of 2022 global volume while North America and South America were 31% and 14%, respectively.

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