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EIDP (CTAPB.PFD) Interest Expense : $-223.00 Mil (TTM As of Mar. 2024)


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What is EIDP Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. EIDP's interest expense for the three months ended in Mar. 2024 was $ -41.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-223.00 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. EIDP's Operating Income for the three months ended in Mar. 2024 was $ 697.00 Mil. EIDP's Interest Expense for the three months ended in Mar. 2024 was $ -41.00 Mil. EIDP's Interest Coverage for the quarter that ended in Mar. 2024 was 17.00. 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.


EIDP Interest Expense Historical Data

The historical data trend for EIDP'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.

* Premium members only.

EIDP Interest Expense Chart

EIDP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -136.00 -45.00 -30.00 -79.00 -233.00

EIDP 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -31.00 -82.00 -60.00 -40.00 -41.00

EIDP 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 $-223.00 Mil.

* 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.


EIDP  (NYSE:CTApB.PFD) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

EIDP's Interest Expense for the three months ended in Mar. 2024 was $-41.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was $697.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $2,492.00 Mil.

EIDP's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*697/-41
=17.00

* 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.

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


EIDP (CTAPB.PFD) Business Description

Traded in Other Exchanges
Address
9330 Zionsville Road, Indianapolis, IN, USA, 46268
EIDP Inc formerly, E.I. du Pont de Nemours & Co provides Agricultural solutions to the farmers. The company operates in two segments: seed and crop protection. The seed segment develops and supplies commercial seed combining superior germplasm with advanced traits to produce high yield potential for farmers, while the crop protection segment supplies products to protect crop yields against weeds, insects, and disease. Some of its products include Corn, Soybean, oilseeds, Fungicides, Herbicides, and Insecticides. Its geographical segments include North America, EMEA(Europe, the Middle East, and Africa), Latin America, and the Asia Pacific. Nearly half of the revenue comes from North America.
Executives
Gregory R Friedman director, officer: Executive VP, CFO C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Brian Titus officer: See Remarks C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Collins James C. Jr. director, officer: Chief Executive Officer 1007 MARKET STREET, D-9058, WILMINGTON DE 19898
Neal Gutterson officer: See Remarks C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Meghan Cassidy officer: See Remarks C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Timothy P Glenn officer: See Remarks C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Fuerer Cornel B officer: See Remarks C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Rajan Gajaria officer: See Remarks C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Christopher Marc Doyle officer: Senior Vice President 974 CENTRE ROAD, CRP 730, WILMINGTON DE 19805
James L Gallogly director 600 NORTH DAIRY ASHFORD ROAD, HOUSTON TX 77079
Edward D Breen director C/O TYCO INTERNATIONAL (US) INC, 9 WEST 57TH ST 43RD FL., NEW YORK NY 10019
Douglas W. Muzyka officer: SVP & Chief S&T Officer 1007 MARKET STREET, D9058, WILMINGTON DE 19898
Matthew L. Trerotola officer: Executive Vice President 2711 CENTERVILLE ROAD, SUITE 400, WILMINGTON DE 19808
Ulf M. Schneider director 1007 MARKET STREET, D-9000, WILMINGTON DE 19898
Stacy L Fox officer: SVP & General Counsel

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