Dana (DAN) Interest Expense

: $-154 Mil (TTM As of Dec. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Dana's interest expense for the three months ended in Dec. 2023 was $ -40 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-154 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. Dana's Operating Income for the three months ended in Dec. 2023 was $ 13 Mil. Dana's Interest Expense for the three months ended in Dec. 2023 was $ -40 Mil. Dana's Interest Coverage for the quarter that ended in Dec. 2023 was 0.33. 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.

Dana Interest Expense Historical Data

The historical data trend for Dana'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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Dana Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-122.00

-138.00

-131.00

-128.00

-154.00

Dana Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense																-33.00	-34.00	-39.00	-41.00	-40.00

Dana 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 $-154 Mil.

Dana (NYSE:DAN) 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.

Dana's Interest Expense for the three months ended in Dec. 2023 was $-40 Mil. Its Operating Income for the three months ended in Dec. 2023 was $13 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $2,882 Mil.

Dana'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	*	13	/	-40
	=	0.33

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

Dana (DAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Dana Inc (NYSE:DAN) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

4DH:Germany

Address

3939 Technology Drive, Maumee, OH, USA, 43537

Website

https://www.dana.com

Dana Inc is engaged in the designing and manufacturing of efficient propulsion and energy-management solutions that power vehicles and machines in all mobility markets across the globe. The company's portfolio improves the efficiency, performance, and sustainability of light vehicles, commercial vehicles, and off-highway equipment. From axles, driveshafts, transmissions, sealing, and thermal products to electrifications products including motors, inverters, controllers, e-sealing, e-thermal and digital solutions The company operates in four reportable segments Light Vehicle Drive Systems, Commercial Vehicle Drive & Motion Systems, Off-Highway Drive & Motion Systems, and Power Technologies. The maximum revenue is derived from the Light Vehicle Drive Systems segment.

Executives

Jeroen Decleer	officer: SVP & Pres Off-Highway Drive	GEMENEWEIDEWEG-NOORD 18, BRUGGE C9 8310
Aziz Aghili	officer: Pres Off-Hwy Technologies & AP	5706 KIRKRIDGE TRAIL, ROCHESTER HILLS MI 48306
James D Kellett	officer: VP & Chief Accounting Officer	3946 WRENS NEST BLVD, MAUMEE OH 43537
James Kevin Kamsickas	director, officer: President & CEO	44011 CYPRESS POINT DRIVE, NORTHVILLE MI 48168
Byron S Foster	officer: Pres, Light Veh Drive Systems	30 ISABELLA ST., PITTSBURGH PA 15212
Brett Icahn	director	C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Gaoxiang Hu	director	16690 COLLINS AVE., SUITE PH-1, SUNNY ISLES BEACH FL 33160
Ernesto M Hernandez	director	C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BLDG. 100, VICTOR NY 14564
Timothy R Kraus	officer: SVP & Chief Financial Officer	812, PILGRAM AVENUE, BIRMINGHAM MI 48009
Robert D Pyle	officer: Pres, Light Vehicle Driveline	3939 TECHNOLOGY DRIVE, MAUMEE OH 43537
Jonathan Mark Collins	officer: SVP & Chief Financial Officer	50196 VENICE COURT, NORTHVILLE MI 48168
Ryan Laskey	officer: SVP - Commercial Veh Drive	9332 CRISTAL MARIE CT, TEMPERANCE MI 48182
Antonio Valencia	officer: Pres. Power Technologies Group	3939 TECHNOLOGY DRIVE, MAUMEE OH 43537
Keith E Wandell	director
Bridget E Karlin	director	3 TALL TREE LANE, PLEASANTVILLE NY 10570