KLA (KLAC) Interest Expense

: $-297 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. KLA's interest expense for the three months ended in Dec. 2023 was $ -74 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-297 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. KLA's Operating Income for the three months ended in Dec. 2023 was $ 952 Mil. KLA's Interest Expense for the three months ended in Dec. 2023 was $ -74 Mil. KLA's Interest Coverage for the quarter that ended in Dec. 2023 was 12.83. 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.

KLA Interest Expense Historical Data

The historical data trend for KLA'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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KLA Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-124.60

-160.27

-157.33

-160.34

-296.94

KLA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-74.28	-74.77	-73.49	-74.23	-74.20

KLA 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 $-297 Mil.

KLA (NAS:KLAC) 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.

KLA's Interest Expense for the three months ended in Dec. 2023 was $-74 Mil. Its Operating Income for the three months ended in Dec. 2023 was $952 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $5,299 Mil.

KLA'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	*	952.318	/	-74.202
	=	12.83

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

KLA (KLAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » KLA Corp (NAS:KLAC) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

KLAC:Mexico KLA:Germany KLA:Germany KLA:Germany K1LA34:Brazil

Address

One Technology Drive, Milpitas, CA, USA, 95035

Website

https://www.kla.com

KLA is one of the largest semiconductor wafer fabrication equipment, or WFE, manufacturers in the world. It specializes in the market segment of semiconductor process control, wherein machines inspect semiconductor wafers during research and development and manufacturing for defects and verify precise measurements. In this section of the market, KLA holds a majority share. It also has a small exposure to the etch and deposition segments of the WFE market. It counts as top customers the largest chipmakers in the world, including TSMC and Samsung.

Executives

Bren D. Higgins	officer: EVP & Chief Financial Officer	ONE TECHNOLOGY DRIVE, MILPITAS CA 95035
Mary Beth Wilkinson	officer: EVP, CLO and Secretary	2350 GREEN ROAD, SUITE 100, ANN ARBOR MI 48105
Victor Peng	director	MIPS TECHNOLOGIES INC, 1225 CHARLESTON ROAD, MOUNTAIN VIEW CA 94043
Kevin Kennedy	director
Marie Myers	director	3000 HANOVER STREET, PALO ALTO CA 94304
Gary B Moore	director	170 WEST TASMAN DRIVE, SAN JOSE CA 95134
Emiko Higashi	director	C/O GILO VENTURES, 175 ALMENDRAL AVENUE, ATHERTON CA 94027
Michael R. Mcmullen	director	5301 STEVENS CREEK BLVD., MS 1A-LC, SANTA CLARA CA 95051
Robert A. Rango	director	5300 CALIFORNIA AVENUE, IRVINE CA 92617
Jeneanne Michelle Hanley	director	21557 TELEGRAPH ROAD, SOUTHFIELD MI 48034
Oreste Donzella	officer: Executive Vice President	ONE TECHNOLOGY DRIVE, MILPITAS CA 95035
Ahmad A. Khan	officer: President, Semi Proc. Control	ONE TECHNOLOGY DRIVE, MILPITAS CA 95035
Virendra A Kirloskar	officer: SVP & Chief Accounting Officer	160 RIO ROBLES, SAN JOSE CA 95134
Richard P Wallace	officer: Executive Vice President	KLA TENCOR, 160 RIO ROBLES, SAN JOSE CA 95134
Brian Lorig	officer: Executive Vice President	ONE TECHNOLOGY DRIVE, MILPITAS X1 95035