Mastercard (LTS:0R2Z) Interest Expense : $-575 Mil (TTM As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Mastercard Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mastercard's interest expense for the three months ended in Dec. 2023 was $ -148 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-575 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. Mastercard's Operating Income for the three months ended in Dec. 2023 was $ 3,698 Mil. Mastercard's Interest Expense for the three months ended in Dec. 2023 was $ -148 Mil. Mastercard's Interest Coverage for the quarter that ended in Dec. 2023 was 24.99. 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.

Mastercard Interest Expense Historical Data

The historical data trend for Mastercard'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.

Mastercard Interest Expense Chart

Mastercard Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-224.00

-380.00

-431.00

-471.00

-575.00

Mastercard 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															-127.00	-132.00	-144.00	-151.00	-148.00

Mastercard 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 $-575 Mil.

Mastercard (LTS:0R2Z) 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.

Mastercard's Interest Expense for the three months ended in Dec. 2023 was $-148 Mil. Its Operating Income for the three months ended in Dec. 2023 was $3,698 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $14,344 Mil.

Mastercard'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	*	3698	/	-148
	=	24.99

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

Mastercard (LTS:0R2Z) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Mastercard Inc (LTS:0R2Z) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

MA:USA MA:Peru MA:Mexico 1MA:Italy M4Id:UK M4I:Germany MA:Canada MSCD34:Brazil MAST:Austria

Address

2000 Purchase Street, Purchase, NY, USA, 10577

Website

https://www.mastercard.com

Mastercard is the second-largest payment processor in the world, having processed close to over $8 trillion in transactions during 2022. Mastercard operates in over 200 countries and processes transactions in over 150 currencies.

Mastercard (LTS:0R2Z) Headlines

No Headlines