C.H. Robinson Worldwide (C.H. Robinson Worldwide) Interest Expense

: $-105 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. C.H. Robinson Worldwide's interest expense for the three months ended in Dec. 2023 was $ -38 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-105 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. C.H. Robinson Worldwide's Operating Income for the three months ended in Dec. 2023 was $ 107 Mil. C.H. Robinson Worldwide's Interest Expense for the three months ended in Dec. 2023 was $ -38 Mil. C.H. Robinson Worldwide's Interest Coverage for the quarter that ended in Dec. 2023 was 2.82. 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.

C.H. Robinson Worldwide Interest Expense Historical Data

The historical data trend for C.H. Robinson Worldwide'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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C.H. Robinson Worldwide Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-47.72

-44.94

-59.82

-100.02

-105.42

C.H. Robinson Worldwide Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense																-42.48	-28.27	-18.26	-20.75	-38.15

C.H. Robinson Worldwide 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 $-105 Mil.

C.H. Robinson Worldwide (NAS:CHRW) 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.

C.H. Robinson Worldwide's Interest Expense for the three months ended in Dec. 2023 was $-38 Mil. Its Operating Income for the three months ended in Dec. 2023 was $107 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $1,718 Mil.

C.H. Robinson Worldwide'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	*	107.429	/	-38.149
	=	2.82

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

C.H. Robinson Worldwide (C.H. Robinson Worldwide) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » C.H. Robinson Worldwide Inc (NAS:CHRW) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

CH1A:Germany

Address

14701 Charlson Road, Eden Prairie, MN, USA, 55347-5088

Website

https://www.chrobinson.com

C.H. Robinson is a top-tier non-asset-based third-party logistics provider with a significant focus on domestic freight brokerage (about 60% of 2022 net revenue), which reflects mostly truck brokerage but also rail intermodal. Additionally, the firm operates a large air and ocean forwarding division (30%), which has grown organically and via tuck-in acquisitions over the years. The remainder of revenue consists of the European truck-brokerage division, transportation management services, and a legacy produce-sourcing operation.

Executives

Winship Henry Ward Iv	director	PO BOX 8614, RANCHO SANTA FE CA 92067
David P Bozeman	director, officer: President & CEO	100 NE ADAMS STREET, PEORIA IL 61629
Angela K. Freeman	officer: Vice President-Human Resources	14701 CHARLSON ROAD, EDEN PRAIRIE MN 55437
Michael John Short	officer: President, Global Forwarding	14701 CHARLESON ROAD, EDEN PRAIRIE MN 55347
Mac S Pinkerton	officer: Pres. of North America Trans.	14701 CHARLSON ROAD, EDEN PRAIRIE MN 55330
James J. Barber	director	55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Jordan T Kass	officer: President, Managed Services	14701 CHARLSON ROAD, EDEN PRAIRIE MN 55347
Henry J Maier	director	1000 FEDEX DRIVE, MOON TOWNSHIP PA 15108
Michael Paul Zechmeister	officer: Chief Financial Officer	C/O UNITED NATURAL FOODS, INC., 313 IRON HORSE WAY, PROVIDENCE RI 02908
Chris Obrien	officer: Vice President	8100 MITCHELL RD, STE 200, EDEN PRAIRIE MN 55344
Michael D. Castagnetto	officer: President of Robinson Fresh	14701 CHARLSON ROAD, EDEN PRAIRIE MN 55437
Ben G Campbell	officer: VP-General Counsel & Secretary	14701 CHARLSON ROAD, EDEN PRAIRIE MN 55437
Biesterfeld Robert C Jr	officer: President, N American Surface	14701 CHARLSON RD, EDEN PRAIRIE MN 55347
Mark A. Goodburn	director	14701 CHARLSON ROAD, EDEN PRAIRIE MN 55347
Arun Rajan	officer: Chief Product Officer	14701 CHARLSON ROAD, EDEN PRAIRIE MN 55347