What is Ford Motor Co Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ford Motor Co's interest expense for the
three
months ended in Mar. 2024 was $ -292 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-1,298 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. Ford Motor Co's Operating Income for the
three
months ended in Mar. 2024 was $ 1,225 Mil. Ford Motor Co's Interest Expense for the
three
months ended in Mar. 2024 was $ -292 Mil.
Ford Motor Co's Interest Coverage for the quarter that ended in Mar. 2024 was 4.20.
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.
Ford Motor Co 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 $-1,298 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.
Ford Motor Co (NYSE:F) 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.
Ford Motor Co's Interest Expense for the
three
months ended in Mar. 2024 was $-292 Mil. Its
Operating Income
for the
three
months ended in Mar. 2024 was $1,225 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Mar. 2024 was $101,135 Mil.
Ford Motor Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as
* 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.
Ford Motor Co (Ford Motor Co) Business Description
Traded in Other Exchanges
Address
One American Road, Dearborn, MI, USA, 48126
Ford Motor Co. manufactures automobiles under its Ford and Lincoln brands. In March 2022, the company announced that it will run its combustion engine business, Ford Blue, and its BEV business, Ford Model e, as separate businesses but still all under Ford Motor. The company has about 13% market share in the United States, about 6.5% share in Europe, and about 2.1% share in China including unconsolidated affiliates. We expect market share to increase as inventory improves coming out of the chip shortage. Sales in the U.S. made up about 67% of 2022 total company revenue. Ford has about 173,000 employees, including about 57,000 UAW employees, and is based in Dearborn, Michigan.
Executives
| John Douglas Field |
officer: Chief AT&ES Officer |
ONE AMERICAN ROAD, DEARBORN MI 48126 |
| Andrew Frick |
officer: President, Ford Blue |
ONE AMERICAN ROAD, DEARBORN MI 48126 |
| Peter C Stern |
officer: President, Integrated Services |
C/O FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126 |
| John T. Lawler |
officer: Vice President and Controller |
ONE AMERICAN ROAD, DEARBORN MI 48126 |
| Farley Jr James D |
officer: Group Vice President |
FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126 |
| Ashwani Kumar Galhotra |
officer: Group Vice President |
ONE AMERICAN ROAD, DEARBORN MI 48138 |
| Theodore J. Cannis |
officer: CEO of Ford Pro |
ONE AMERICAN ROAD, DEARBORN MI 48126 |
| Shengpo Wu |
officer: President and CEO, Ford China |
ONE AMERICAN ROAD, DEARBORN MI 48126 |
| Stuart J. Rowley |
officer: Vice President and Controller |
ONE AMERICAN ROAD, DEARBORN MI 48126 |
| Jennifer Waldo |
officer: Chief People & E. Exp. Officer |
ONE AMERICAN ROAD, DEARBORN MI 48126 |
| Marin Gjaja |
officer: Chief Cust. Off., Ford Model e |
ONE AMERICAN ROAD, DEARBORN MI 48126 |
| Ford William Clay Jr |
director, officer: Chairman and CEO |
FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126 |
| Alexandra Ford English |
director |
ONE AMERICAN ROAD, DEARBORN MI 48126 |
| May John C Ii |
director |
DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265 |
| Catherine A. O'callaghan |
officer: Vice President and Controller |
ONE AMERICAN ROAD, DEARBORN MI 48126 |
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