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Global Payments Interest Expense

: $-356 Mil (TTM As of Jun. 2020)
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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Global Payments's interest expense for the three months ended in Jun. 2020 was $ -83 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2020 was $-356 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. Global Payments's Operating Income for the three months ended in Jun. 2020 was $ 108 Mil. Global Payments's Interest Expense for the three months ended in Jun. 2020 was $ -83 Mil. Global Payments's Interest Coverage for the quarter that ended in Jun. 2020 was 1.30. 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.


Global Payments Interest Expense Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Global Payments Annual Data
May10 May11 May12 May13 May14 May15 May16 Dec17 Dec18 Dec19
Interest Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -44.44 -69.32 -174.85 -195.62 -304.91

Global Payments Quarterly Data
Aug15 Nov15 Feb16 May16 Aug16 Nov16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
Interest Expense 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 Premium Member Only Premium Member Only Premium Member Only -65.62 -96.16 -84.05 -92.64 -82.86

Global Payments 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 Jun. 2020 was -96.161 (Sep. 2019 ) + -84.047 (Dec. 2019 ) + -92.644 (Mar. 2020 ) + -82.855 (Jun. 2020 ) = $-356 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Global Payments  (NYSE:GPN) 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.

Global Payments's Interest Expense for the three months ended in Jun. 2020 was $-83 Mil. Its Operating Income for the three months ended in Jun. 2020 was $108 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2020 was $8,440 Mil.

Global Payments's Interest Coverage for the quarter that ended in Jun. 2020 is calculated as

Interest Coverage=-1*Operating Income (Q: Jun. 2020 )/Interest Expense (Q: Jun. 2020 )
=-1*107.574/-82.855
=1.30

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

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


Global Payments Interest Expense Headlines

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