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Bayerische Motoren Werke AG (LTS:0O0U) Interest Expense : €-656 Mil (TTM As of Dec. 2023)


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What is Bayerische Motoren Werke AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bayerische Motoren Werke AG's interest expense for the three months ended in Dec. 2023 was € -287 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-656 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. Bayerische Motoren Werke AG's Operating Income for the three months ended in Dec. 2023 was € 4,406 Mil. Bayerische Motoren Werke AG's Interest Expense for the three months ended in Dec. 2023 was € -287 Mil. Bayerische Motoren Werke AG's Interest Coverage for the quarter that ended in Dec. 2023 was 15.35. 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.

Bayerische Motoren Werke AG Interest Expense Historical Data

The historical data trend for Bayerische Motoren Werke AG'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.

Bayerische Motoren Werke AG Interest Expense Chart

Bayerische Motoren Werke AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -499.00 -458.00 -236.00 -230.00 -656.00

Bayerische Motoren Werke AG 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 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 -9,489.00 -100.00 -144.00 -125.00 -287.00

Bayerische Motoren Werke AG 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 €-656 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.

Bayerische Motoren Werke AG  (LTS:0O0U) 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.

Bayerische Motoren Werke AG's Interest Expense for the three months ended in Dec. 2023 was €-287 Mil. Its Operating Income for the three months ended in Dec. 2023 was €4,406 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was €45,624 Mil.

Bayerische Motoren Werke AG'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*4406/-287
=15.35

* 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.

Bayerische Motoren Werke AG (LTS:0O0U) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Bayerische Motoren Werke AG (LTS:0O0U) » Definitions » Interest Expense
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Address
Petuelring 130, Munich, BY, DEU, 80809
Website
https://www.bmwgroup.com
In addition to being one of the world's leading premium light-vehicle manufacturers, BMW Group produces BMW motorcycles and provides financial services. Premium light-vehicle brands include BMW, Mini, and ultraluxury brand Rolls-Royce. Operations include 31 production facilities in 15 countries, research and development facilities in 17 countries, and a sales network reaching over 140 countries. In 2022, worldwide sales volume roughly 2.4 million automobiles and about 216,000 motorcycles.

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