Global Payments (BSP:G1PI34) Interest Expense : R$-3,271 Mil (TTM As of Dec. 2023)

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What is Global Payments Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Global Payments's interest expense for the three months ended in Dec. 2023 was R$ -831 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was R$-3,271 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. Global Payments's Operating Income for the three months ended in Dec. 2023 was R$ 2,432 Mil. Global Payments's Interest Expense for the three months ended in Dec. 2023 was R$ -831 Mil. Global Payments's Interest Coverage for the quarter that ended in Dec. 2023 was 2.93. 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.

Global Payments Interest Expense Historical Data

The historical data trend for Global Payments'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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Global Payments Interest Expense Chart

Global Payments Annual Data

Trend

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Dec23

Interest Expense

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-1,251.48

-1,767.45

-1,886.76

-2,357.46

-3,234.60

Global Payments Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-638.77	-640.37	-929.11	-869.68	-831.43

Global Payments 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 quarterly data reported by the company within the most recent 12 months, which was R$-3,271 Mil.

Global Payments (BSP:G1PI34) 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.

Global Payments's Interest Expense for the three months ended in Dec. 2023 was R$-831 Mil. Its Operating Income for the three months ended in Dec. 2023 was R$2,432 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was R$76,889 Mil.

Global Payments'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	*	2432.089	/	-831.432
	=	2.93

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

Global Payments (BSP:G1PI34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Global Payments Inc (BSP:G1PI34) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

GPN:USA GPN:Mexico GLO:Germany

Address

3550 Lenox Road, Atlanta, GA, USA, 30326

Website

https://www.globalpaymentsinc.com

Global Payments is a leading provider of payment processing and software solutions and focuses on serving small and midsize merchants. The company operates in 30 countries and generates about one fourth of its revenue from outside North America, primarily in Europe and Asia. In 2019, Global Payments merged with Total System Services in an all-stock deal that gave Total System Services shareholders 48% of the combined company's shares. The merger added issuer processing operations.

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