Equifax (NYSE:EFX) Interest Expense

: $-201 Mil (TTM As of Mar. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Equifax's interest expense for the three months ended in Mar. 2023 was $ -58 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2023 was $-201 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. Equifax's Operating Income for the three months ended in Mar. 2023 was $ 205 Mil. Equifax's Interest Expense for the three months ended in Mar. 2023 was $ -58 Mil. Equifax's Interest Coverage for the quarter that ended in Mar. 2023 was 3.57. 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.

Equifax Interest Expense Historical Data

The historical data trend for Equifax'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.

Equifax Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

-103.50

-111.70

-141.60

-145.60

-183.00

Equifax Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Interest Expense																-39.70	-41.60	-47.10	-54.50	-57.60

Equifax 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-201 Mil.

Equifax (NYSE:EFX) 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.

Equifax's Interest Expense for the three months ended in Mar. 2023 was $-58 Mil. Its Operating Income for the three months ended in Mar. 2023 was $205 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2023 was $4,988 Mil.

Equifax's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2023 )	/	Interest Expense (Q: Mar. 2023 )
	=	-1	*	205.4	/	-57.6
	=	3.57

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

Equifax (NYSE:EFX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Equifax Inc (NYSE:EFX) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

EFX:Germany E1FX34:Brazil EFX:Austria

Address

1550 Peachtree Street N.W., Atlanta, GA, USA, 30309

Website

https://www.equifax.com

Along with Experian and TransUnion, Equifax is one of the leading credit bureaus in the United States. Equifax's credit reports provide credit histories on millions of consumers, and the firm's services are critical to lenders' credit decisions. In addition, about a third of the firm's revenue comes from workforce solutions, which provides income verification and employer human resources services. Equifax generates over 20% of its revenue from outside the United States.

Executives

Lisa M Nelson	officer: President-International	EQUIFAX INC., 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Audrey B Tillman	director	1932 WYNNTON RD, COLUMBUS GA 31999
Melissa D Goodwin	director	C/O WRIGHT EXPRESS CORPORATION, 97 DARLING AVENUE, SOUTH PORTLAND ME 04106
Sunil Bindal	officer: SVP, Corp Development	EQUIFAX INC., 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Lindsay B Parker	officer: Chief Marketing Officer	EQUIFAX INC, 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Beverly J Anderson	officer: Pres-Global Consumer Solutions	1550 PEACHTREE STREET NW, ATLANTA GA 30309
Robert W Selander	director	MASTERCARD INTERNATIONAL, 2000 PURCHASE STREET, PURCHASE NY 10577
Robert D Marcus	director	C/O TIME WARNER CABLE INC., 60 COLUMBUS CIRCLE, 17TH FLOOR, NEW YORK NY 10023
John A Mckinley	director	C/O EQUIFAX INC, 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Elane B Stock	director	351 PHELPS DRIVE, IRVING TX 75038
Carla Chaney	officer: CVP & Chief HR Officer	5302 LAKE VIEW CLUB, DUNWOODY GA 30338
G. Thomas Hough	director	P.O. BOX 407, LAKELAND FL 33802
Heather H Wilson	director	1550 PEACHTREE STREET NW, ATLANTA GA 30309
Sid Singh	officer: President - USIS	1550 PEACHTREE STREET NW, ATLANTA GA 30309
James M Griggs	officer: SVP & Corp Controller	1550 PEACHTREE STREET NW, ATLANTA GA 30309