Applied Materials (Applied Materials) Interest Expense

: $-311 Mil (TTM As of Jan. 2024)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Applied Materials's interest expense for the three months ended in Jan. 2024 was $ -59 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was $-311 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. Applied Materials's Operating Income for the three months ended in Jan. 2024 was $ 1,967 Mil. Applied Materials's Interest Expense for the three months ended in Jan. 2024 was $ -59 Mil. Applied Materials's Interest Coverage for the quarter that ended in Jan. 2024 was 33.34. 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.

Applied Materials Interest Expense Historical Data

The historical data trend for Applied Materials'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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Applied Materials Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Interest Expense

-237.00

-240.00

-236.00

-228.00

-238.00

Applied Materials Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Interest Expense																-59.00	-134.00	-60.00	-58.00	-59.00

Applied Materials 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-311 Mil.

Applied Materials (NAS:AMAT) 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.

Applied Materials's Interest Expense for the three months ended in Jan. 2024 was $-59 Mil. Its Operating Income for the three months ended in Jan. 2024 was $1,967 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was $5,702 Mil.

Applied Materials's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jan. 2024 )	/	Interest Expense (Q: Jan. 2024 )
	=	-1	*	1967	/	-59
	=	33.34

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

Applied Materials (Applied Materials) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Applied Materials Inc (NAS:AMAT) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

AMAT:Mexico 1AMAT:Italy AP2d:UK 0R1A:UK AP2:Germany AP2:Germany AP2:Germany AP2:Germany A1MT34:Brazil AMAT:Austria AMAT:Argentina

Address

3050 Bowers Avenue, P.O. Box 58039, Santa Clara, CA, USA, 95052-8039

Website

https://www.appliedmaterials.com

Applied Materials is the largest semiconductor wafer fabrication equipment, or WFE, manufacturer in the world. Applied Materials has a broad portfolio spanning nearly every corner of the WFE ecosystem. Specifically, Applied Materials holds a market share leadership position in deposition, which entails the layering of new materials on semiconductor wafers. It is more exposed to general-purpose logic chips made at integrated device manufacturers and foundries. It counts the largest chipmakers in the world as customers, including TSMC, Intel, and Samsung.

Executives

Omkaram Nalamasu	officer: Senior VP, CTO	C/O APPLIED MATERIALS, INC., 3050 BOWERS AVENUE, P.O. BOX 58039, SANTA CLARA CA 95052-8039
Brice Hill	officer: SVP, CFO	2100 LOGIC DRIVE, SAN JOSE CA 95124
Teri A. Little	officer: SVP, CLO	ONE TECHNOLOGY DRIVE, MILPITAS CA 95035
Timothy M Deane	officer: GVP, Applied Global Services	C/O APPLIED MATERIALS, INC., 3050 BOWERS AVE, PO BOX 58039, SANTA CLARA CA 95052
Xun Chen	director	35 DORY RD., GLOUCESTER MA 01930
Kevin P March	director	12500 TI BLVD, DALLAS TX 75243
Jeff Bodner	officer: CVP, Corp. Controller & CAO	C/O ESS TECH INC, 26440 SW PARKWAY AVE BLDG. 83, WILSONVILLE CA 97070
Gary E Dickerson	director, officer: President and CEO
Ginetto Addiego	officer: SVP, Engineering	4000 NORTH FIRST STREET, SAN JOSE CA 95134
Daniel Durn	officer: Senior VP	C/O APPLIED MATERIALS, INC., 3050 BOWERS AVENUE, P.O. BOX 58039, SANTA CLARA CA 95052-8039
Prabu G. Raja	officer: SVP, Semi. Products Group	C/O APPLIED MATERIALS, INC., 3050 BOWERS AVENUE, P.O. BOX 58039, SANTA CLARA CA 95052
Thomas J Iannotti	director	C/O APPLIED MATERIALS, INC., 3050 BOWERS AVENUE, P.O. BOX 58039, SANTA CLARA CA 95052-8039
Rani Borkar	director	C/O APPLIED MATERIALS, INC., 3050 BOWERS AVE, PO BOX 58039, SANTA CLARA CA 95052
Alexander Karsner	director	C/O APPLIED MATERIALS, INC., 3050 BOWERS AVENUE, P.O. BOX 58039, SANTA CLARA CA 95052-8039
Stephen R Forrest	director	C/O APPLIED MATERIALS, INC., 3050 BOWERS AVENUE, P.O. BOX 58039, SANTA CLARA CA 95052-8039