Cisco Systems (NAS:CSCO) Interest Expense

: $-390 Mil (TTM As of Jan. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cisco Systems's interest expense for the three months ended in Jan. 2023 was $ -107 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2023 was $-390 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. Cisco Systems's Operating Income for the three months ended in Jan. 2023 was $ 3,535 Mil. Cisco Systems's Interest Expense for the three months ended in Jan. 2023 was $ -107 Mil. Cisco Systems's Interest Coverage for the quarter that ended in Jan. 2023 was 33.04. 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.

Cisco Systems Interest Expense Historical Data

The historical data trend for Cisco Systems'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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Cisco Systems Annual Data

Trend

Jul13

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Interest Expense

-943.00

-859.00

-585.00

-434.00

-360.00

Cisco Systems Quarterly Data
	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23
Interest Expense																-88.00	-90.00	-93.00	-100.00	-107.00

Cisco Systems 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-390 Mil.

Cisco Systems (NAS:CSCO) 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.

Cisco Systems's Interest Expense for the three months ended in Jan. 2023 was $-107 Mil. Its Operating Income for the three months ended in Jan. 2023 was $3,535 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2023 was $7,637 Mil.

Cisco Systems's Interest Coverage for the quarter that ended in Jan. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jan. 2023 )	/	Interest Expense (Q: Jan. 2023 )
	=	-1	*	3535	/	-107
	=	33.04

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

Cisco Systems (NAS:CSCO) Business Description

Industry

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Traded in Other Exchanges

CSCO:Mexico 0R0K:UK CIS:Germany CSCO:Canada CSCO34:Brazil CIS:Belgium CSCO:Austria CSCO:Argentina

Address

170 West Tasman Drive, San Jose, CA, USA, 95134-1706

Website

https://www.cisco.com

Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software like firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staff—25,000 strong across 90 countries. Overall, Cisco employees 80,000 employees and sells its products globally.

Executives

Sarah Rae Murphy	director	C/O CISCO SYSTEMS, INC., 170 WEST TASMAN DRIVE, SAN JOSE CA 95134
Jeffery S. Sharritts	officer: EVP & Chief Cust & Prtnr Offcr	1200 ABERNATHY RD., NE, STE 1200, ATLANTA GA 30328
Deborah L Stahlkopf	officer: EVP and Chief Legal Officer	C/O CISCO SYSTEMS, INC., 170 WEST TASMAN DRIVE, SAN JOSE CA 95134
Marianna Tessel	director	C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
John D Harris	director	C/O FLEXTRONICS INTERNATIONAL USA, INC., 6201 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Richard Scott Herren	officer: EVP and CFO	851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Wesley G Bush	director	333 MAPLE AVENUE EAST, #3080, VIENNA VA 22180
Lisa T Su	director	C/O ADVANCED MICRO DEVICES, INC., 2485 AUGUSTINE DRIVE, SANTA CLARA CA 95054
Carol B Tome	director	55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Geraldine Elliott	officer: EVP, Chief Sales & Mktg Offcr	1194 N. MATHILDA AVE., SUNNYVALE CA 94089
Maria Martinez	officer: EVP, Chief Customer Exp Offcr	THE LANDMARK @ 1 MARKET STREET, SUITE 300, SAN FRANCISCO CA 94105
Mark Garrett	director	106 EAST BABCOCK STREET SUITE 3A, BOZEMAN MT 59715
Irving Tan	officer: SVP, Operations and Digital	170 WEST TASMAN DRIVE, SAN JOSE CA 95134
David Goeckeler	officer: EVP, Networking and Security	C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Brent L Saunders	director	2000 GALLOPING HILL ROAD, C/O SCHERING PLOUGH CORP, KENILWORTH NJ 07033