Dow (DOW) Interest Expense

: $-746 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. Dow's interest expense for the three months ended in Dec. 2023 was $ -197 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-746 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. Dow's Operating Income for the three months ended in Dec. 2023 was $ 270 Mil. Dow's Interest Expense for the three months ended in Dec. 2023 was $ -197 Mil. Dow's Interest Coverage for the quarter that ended in Dec. 2023 was 1.37. 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.

Dow Interest Expense Historical Data

The historical data trend for Dow'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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Dow Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-933.00

-827.00

-731.00

-662.00

-746.00

Dow Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense																-175.00	-185.00	-172.00	-192.00	-197.00

Dow 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 $-746 Mil.

Dow (NYSE:DOW) 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.

Dow's Interest Expense for the three months ended in Dec. 2023 was $-197 Mil. Its Operating Income for the three months ended in Dec. 2023 was $270 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $15,939 Mil.

Dow'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	*	270	/	-197
	=	1.37

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

Dow (DOW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Dow Inc (NYSE:DOW) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

1DOW:Italy 2OY:Germany 2OY:Germany 2OY:Germany 2OY:Germany D1OW34:Brazil DOW:Austria

Address

2211 H.H. Dow Way, Midland, MI, USA, 48674

Website

https://www.dow.com

Dow Chemical is a diversified global chemicals producer, formed in 2019 as a result of the DowDuPont merger and subsequent separations. The firm is a leading producer of several chemicals, including polyethylene, ethylene oxide, and silicone rubber. Its products have numerous applications in both consumer and industrial end markets.

Executives

Richard K Davis	director	800 NICOLLET MALL, MINNEAPOLIS MN 55402
Jeffrey L. Tate	officer: Chief Financial Officer	2211 H.H. DOW WAY, MIDLAND MI 48674
Debra L. Dial	director	208 S. AKARD, 29TH FLOOR, DALLAS TX 75202
Lisa Bryant	officer: Chief Human Resources Officer	2211 H.H. DOW WAY, MIDLAND MI 48674
Howard I Ungerleider	officer: President and CFO	2211 H.H. DOW WAY, MIDLAND MI 48674
Jerri Devard	director	120 E 87TH STREET, #P6A, NEW YORK NY 10128
Jacqueline C. Hinman	director	9191 SOUTH JAMAICA STREET, ENGLEWOOD CO 80112
James R Fitterling	officer: Chief Executive Officer	2211 H.H. DOW WAY, MIDLAND MI 48674
Moreno Mejia Luis Alberto	director	C/O DOW INC., 2211 H.H. DOW WAY, MIDLAND MI 48674
John Maurice Sampson	officer: Senior Vice President	C/O DOW INC., 2211 H.H. DOW WAY, MIDLAND MI 48674
Peter Holicki	officer: Senior Vice President	2211 H.H. DOW WAY, MIDLAND MI 48674
Banister Gaurdie E. Jr.	director	2211 H.H. DOW WAY, MIDLAND MI 48674
Diego Donoso	officer: President, Pkg & Spec Plastics	2211 H.H. DOW WAY, MIDLAND MI 48674
Jack Broodo	officer: President, Feedstocks & Energy	2211 H.H. DOW WAY, MIDLAND MI 48640
Jane Palmieri	officer: President, Ind Interm & Infras	2211 H.H. DOW WAY, MIDLAND MI 48674