Switch to:

CarMax Interest Expense

: USD-89 Mil (TTM As of May. 2020)
View and export this data going back to 1997. Start your Free Trial

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CarMax's interest expense for the three months ended in May. 2020 was USD -24 Mil. Its interest expense for the trailing twelve months (TTM) ended in May. 2020 was USD-89 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. CarMax's Operating Income for the three months ended in May. 2020 was USD -20 Mil. CarMax's Interest Expense for the three months ended in May. 2020 was USD -24 Mil. CarMax did not have earnings to cover the interest expense. 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.


CarMax 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.

CarMax Annual Data
Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Interest Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -36.36 -56.42 -70.75 -75.79 -83.01

CarMax Quarterly Data
Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20
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 -17.78 -21.07 -21.84 -22.31 -23.96

CarMax 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 May. 2020 was -21.073 (Aug. 2019 ) + -21.843 (Nov. 2019 ) + -22.307 (Feb. 2020 ) + -23.958 (May. 2020 ) = USD-89 Mil.

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


CarMax  (NYSE:KMX) 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.

CarMax's Interest Expense for the three months ended in May. 2020 was USD-24 Mil. Its Operating Income for the three months ended in May. 2020 was USD-20 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in May. 2020 was USD14,852 Mil.

CarMax's Interest Coverage for the quarter that ended in May. 2020 is calculated as

CarMax did not have earnings to cover the interest expense.

* 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.


CarMax Interest Expense Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)