American Express Co (BSP:AXPB34) Interest Expense : R$-36,520 Mil (TTM As of Mar. 2024)

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What is American Express Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. American Express Co's interest expense for the three months ended in Mar. 2024 was R$ -9,989 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was R$-36,520 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. American Express Co's Operating Income for the three months ended in Mar. 2024 was R$ Mil. American Express Co's Interest Expense for the three months ended in Mar. 2024 was R$ Mil. 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.

American Express Co Interest Expense Historical Data

The historical data trend for American Express 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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American Express Co Interest Expense Chart

American Express Co Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-14,217.99

-10,793.58

-7,255.24

-14,493.04

-33,558.73

American Express 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															-7,463.92	-8,105.68	-8,879.78	-9,544.81	-9,989.48

American Express 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$-36,520 Mil.

American Express Co (BSP:AXPB34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » American Express Co (BSP:AXPB34) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

AXP:USA AXP:Mexico 1AXP:Italy AEC1d:UK 0R3C:UK AEC1:Germany AEC1:Germany AEC1:Germany AXP:Austria AXP:Argentina

Address

200 Vesey Street, New York, NY, USA, 10285

Website

https://www.americanexpress.com

American Express is a global financial institution, operating in about 130 countries, that provides consumers and businesses charge and credit card payment products. The company also operates a highly profitable merchant payment network. Since 2018, it has operated in three segments: global consumer services, global commercial services, and global merchant and network services. In addition to payment products, the company's commercial business offers expense management tools, consulting services, and business loans.

American Express Co (BSP:AXPB34) Headlines

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