General Dynamics (FRA:GDX) Interest Expense

: €-342 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. General Dynamics's interest expense for the three months ended in Mar. 2023 was € -85 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2023 was €-342 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. General Dynamics's Operating Income for the three months ended in Mar. 2023 was € 876 Mil. General Dynamics's Interest Expense for the three months ended in Mar. 2023 was € -85 Mil. General Dynamics's Interest Coverage for the quarter that ended in Mar. 2023 was 10.31. 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.

General Dynamics Interest Expense Historical Data

The historical data trend for General Dynamics'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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General Dynamics Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

-328.75

-424.80

-401.96

-381.44

-369.10

General Dynamics Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Interest Expense																-88.98	-89.87	-86.86	-80.24	-84.99

General Dynamics 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 €-342 Mil.

General Dynamics (FRA:GDX) 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.

General Dynamics's Interest Expense for the three months ended in Mar. 2023 was €-85 Mil. Its Operating Income for the three months ended in Mar. 2023 was €876 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2023 was €9,869 Mil.

General Dynamics'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	*	876.092	/	-84.994
	=	10.31

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

General Dynamics (FRA:GDX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » General Dynamics Corp (FRA:GDX) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

GD:USA GD:Mexico GDX:Germany GDBR34:Brazil GEDY:Austria

Address

11011 Sunset Hills Road, Reston, VA, USA, 20190

Website

https://www.gd.com

General Dynamics is a defense contractor and business jet manufacturer. The firm's segments include aerospace, combat systems, marine, and technologies. General Dynamics' aerospace segment creates Gulfstream business jets. Combat system produces land-based combat vehicles, such as the M1 Abrams tank. The marine subsegment creates nuclear-powered submarines, among other things. The technologies segment contains two main units, an IT business that primarily serves the government market and a mission systems business that focuses on products that provide command, control, computers, intelligence, surveillance, and reconnaissance capabilities to the military.