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JWN (Nordstrom) Interest Expense : $-127 Mil (TTM As of Jan. 2025)


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What is Nordstrom Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nordstrom's interest expense for the three months ended in Jan. 2025 was $ -34 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2025 was $-127 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. Nordstrom's Operating Income for the three months ended in Jan. 2025 was $ 243 Mil. Nordstrom's Interest Expense for the three months ended in Jan. 2025 was $ -34 Mil. Nordstrom's Interest Coverage for the quarter that ended in Jan. 2025 was 7.15. 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.


Nordstrom Interest Expense Historical Data

The historical data trend for Nordstrom'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.

Nordstrom Interest Expense Chart

Nordstrom Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -184.00 -247.00 -138.00 -137.00 -135.00

Nordstrom Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -35.00 -27.00 -33.00 -33.00 -34.00

Nordstrom 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 Jan. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-127 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.


Nordstrom  (NYSE:JWN) 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.

Nordstrom's Interest Expense for the three months ended in Jan. 2025 was $-34 Mil. Its Operating Income for the three months ended in Jan. 2025 was $243 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2025 was $4,039 Mil.

Nordstrom's Interest Coverage for the quarter that ended in Jan. 2025 is calculated as

Interest Coverage=-1* Operating Income (Q: Jan. 2025 )/Interest Expense (Q: Jan. 2025 )
=-1*243/-34
=7.15

* 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.


Nordstrom Business Description

Traded in Other Exchanges
Address
1617 Sixth Avenue, Seattle, WA, USA, 98101
Nordstrom is a fashion retailer that operates about 93 department stores and 280 off-price Nordstrom Rack stores. The company also operates both full- and off-price e-commerce sites, two clearance stores, and six Local locations. Nordstrom's largest merchandise categories are women's apparel (27% of 2023 sales), shoes (26% of 2023 sales), men's apparel (15% of 2023 sales), and beauty (13% of 2023 sales). Nordstrom, which traces its history to a shoe store opened in Seattle in 1901, continues to be partially owned and managed by members of the eponymous family. They have partnered with Mexican retailer El Puerto de Liverpool to acquire the company.
Executives
Alexis Depree officer: Chief Supply Chain Officer C/O NORDSTROM, INC., 1617 SIXTH AVENUE, SEATTLE WA 98101
Gemma Lionello officer: Executive Vice President C/O NORDSTROM, INC., 1617 SIXTH AVENUE, SEATTLE WA 98101
Guy Persaud director C/O NORDSTROM, INC., 1617 SIXTH AVENUE, SEATTLE WA 98101
Fanya Chandler officer: President, Nordstrom Stores C/O NORDSTROM, INC., 1617 SIXTH AVENUE, SEATTLE WA 98101
Teri Bariquit officer: Executive Vice President C/O NORDSTROM, INC., 1617 SIXTH AVENUE, SEATTLE WA 98101
Cathy R Smith officer: Chief Financial Officer TARGET CORPORATION, 1000 NICOLLET MALL, TPS-3155, MINNEAPOLIS MN 55403
Jason Morris officer: CTIO C/O NORDSTROM, INC., 1617 SIXTH AVENUE, SEATLE WA 98101
Eric D Sprunk director ONE BOWERMAN DRIVE, BEAVERTON OR 97005
Ken Worzel officer: Executive Vice President C/O NORDSTROM, INC., 1617 SIXTH AVENUE, SEATTLE WA 98101
Atticus Nathaniel Tysen director C/O NORDSTROM, INC., 1617 SIXTH AVENUE, SEATTLE WA 98101
Anne L Bramman officer: Chief Financial Officer 207 GOODE AVENUE, GLENDALE CA 91203
Amie Thuener O'toole director C/O ALPHABET INC., 1600 AMPHITHEATRE PKWY, MOUNTAIN VIEW CA 94043
Peter E Nordstrom officer: Executive Vice President C/O NORDSTROM INC, 1617 SIXTH AVE, SEATTLE WA 98101
Bradley D Tilden director NORDSTROM, INC. ATTN: CORP. SEC., 1617 SIXTH AVENUE, SEATTLE WA 98101
Farrell B. Redwine officer: Chief Human Resources Officer C/O NORDSTROM, INC., 1617 SIXTH AVENUE, SEATTLE WA 98101